December 17, 2021

Most commodities prices to average lower in 2022 — report

Out of the 27 key commodities, Fitch sees 19 of them averaging lower on a year-on-year basis.

December 17, 2021

Bear Creek acquires Mercedes mine from Equinox

The company says the Mercedes acquisition will provide a source of funding for future construction of its Corani silver mine.

December 17, 2021

Lucapa’s Merlin could be next top diamond mine in Australia

Preliminary scoping study shows the asset has the potential to yield 2.1 million carats over its 14-year mine life.

December 17, 2021

Norra Kärr deposit could help make the EU self-sufficient in rare earth metals – study

A researcher at the University of Gothenburg proposes studying untapped REE deposits outside China so they are developed in an efficient manner.

December 16, 2021

Interventions against illegal mining in Peru narrowly effective

Illegal gold miners moved from the Madre De Dios biodiversity hotspot to nearby areas.

December 15, 2021

Cobalt prices expected to stabilize in 2022 – report

Cobalt prices rose by 10% in November, breaking through $30 per pound for the first time since the end of 2018.

December 15, 2021

Petra Diamonds to sell half its stake in Williamson mine

Tanzania's Caspian is paying $15 million for a 31.5% stake in Williamson Diamonds, which operates the namesake mine.

December 15, 2021

Ford Foundation commits $3m to back ESG initiatives linked to West Africa’s resource sector

The Extractive Industry and Climate Change Governance Fund comes from the Ford Foundation’s $1 billion social bond, launched in 2020.

December 15, 2021

Myanmar rubies tied to rights abuses likely to be sold at Christmas

Report shows the red gems continue to fuel human rights abuses in the country and are likely to be sold by some of the best-known luxury brands.

December 14, 2021

Orla pours first gold at Camino Rojo in Mexico

Three bars were poured with a total weight of 1,278 oz containing approximately 770 oz of gold and 510 oz of silver.