July 18, 2023 Lucara underground Karowe diamond mine cost jumps 25% to $683m Underground production will be delayed to the first half of 2028, rather than the second half of 2026.
July 18, 2023 Petra Diamonds misses production target for 2023 on lower grades It produced 2.67 million carats for the year to June 2023, down by 20% from fiscal 2022 and below its guidance of 2.75-2.85 million carats.
July 17, 2023 SolGold’s Cascabel copper project license renewed for 25 years A PFS shows the Ecuador asset has the potential to become one of the 20 largest copper-gold mines in South America.
July 17, 2023 Rainbow, Mosaic partner on rare earths extraction in Brazil They expect to produce a preliminary economic assessment of the opportunity to extract rare earths from from Mosaic’s phosphogypsum stack.
July 14, 2023 CEO of defunct Banks Island Gold guilty of environmental violations at British Columbia mine Court ruling found that former CEO Benjamin Mossman was "actively or passively involved" in the Yellow Giant mine exceeding permitted amounts of zinc.
July 14, 2023 Lundin Mining becomes majority owner of Caserones copper mine Lundin plans to take its 51% stake in Caserones to 70% in a year and is looking at underground expansion at its nearby Candelaria mine.
July 14, 2023 Copper could now be used for clearer MRIs A novel copper protein binding site has potential for use in MRI contrast agents.
July 14, 2023 Savannah Resources raises $8m for Portugal lithium project Funding allows it to move forward with its Barroso lithium project, slated to be western Europe’s largest mine of the battery metal.
July 13, 2023 US Gold granted key permit for CK gold project The CK gold-copper-silver in southeast Wyoming is slated to produce 108,500 ounces of gold equivalent annually over a ten-year mine life.
July 13, 2023 Fortescue Metals says founder’s split with wife won’t affect business Fortescue Metals was forced to make a statement on Thursday regarding the future of the company on news of the split between Andrew and Nicola Forrest.
US development-finance agency targets AI, minerals in expansion A key priority for the DFC’s expanded efforts will be critical minerals, especially in mid-stream processing projects. December 18, 2025 | 12:30 pm
