May 7, 2021

Magnet rare earth oxides market to increase fivefold by 2030 — report

Adamas Intelligence forecasts that the market for magnet rare earth oxides will increase to $15.65 billion from the current $2.98 billion.

May 7, 2021

Fancy color diamond prices show mixed results in Q1 2021

The Fancy Color Research Foundation reported the latest results of its Fancy Color Diamond Index.

May 7, 2021

Kyrgyzstan to temporarily take over Centerra’s Kumtor mine

Parliament has passed a law allowing the government to run Kumtor gold mine for up to three months, based on environmental concerns.

May 6, 2021

Lucara secures $220 million for Karowe expansion

The backing of five lenders will be used to fund the company’s underground expansion plan for its Karowe mine in Botswana.

May 6, 2021

Rio Tinto shareholders reject former CEO’s exit package

More than 60% of the votes cast at Rio's annual meetings in London and Sydney were against Jean-Sébastien Jacques' exit package.

May 5, 2021

World iron ore output to rise 5.1% by 2025 — report

The growth with be possible as new projects come on-stream, GlobalData says.

May 5, 2021

Ivanhoe Mines promises zero emissions at Kamoa-Kakula

The Canadian company is committed to net-zero operational Scope 1 and 2 emissions at its copper mine in DRC.

May 5, 2021

Lucapa sells $1.5 million worth of Mothae diamonds

The 3,617 carat parcel of rough diamonds was sold for $420 per carat.

May 5, 2021

Cyprus-focused miner Caerus to recover metals from mine waste

Caerus Mineral Resources signed a deal with Jubilee Metals to work together on a waste-to-revenue strategy for its assets in Cyprus.

May 5, 2021

Metals price rally could hamper switch to green energy — IEA

Prices for commodities — from lithium to cobalt — have hit record highs as demand for clean energy technologies increases.