January 13, 2021

Elite diamond-buying club shrinks as De Beers culls old clients

De Beers has cut off some of its long-term diamond buyers, marking one of the biggest shakeups in the way the miner sells gems.

January 13, 2021

ALROSA’s diamond sales drop 16% in 2020

Company's sales of rough and polished diamonds totaled $2,802 million.

January 13, 2021

Indebted Zambia pays $400m in VAT refunds to mining firms

Africa’s second-largest copper producer is negotiating with creditors to try to get debt relief, after it defaulted on a $42.5 million coupon in November.

January 13, 2021

Apache tribe sues over Rio Tinto’s Resolution copper project

Members of the San Carlos Apache tribe have sued the Trump Administration to block the pending land swap in Arizona.

January 12, 2021

First Cobalt signs supply deal with Glencore, eyes China Moly contract

Company will source cobalt hydroxide at prevailing market prices from Glencore's Kamoto Copper operation for five years starting in 2022.

January 12, 2021

Kirkland Lake Gold generates 369,434 oz in Q4, meets 2020 guidance

Detour Lake, Fosterville and Masacca recorded their best quarterly production for 2020.

January 12, 2021

Gold investors target ‘excessive’ executive payouts amid deals

Investors critical of lavish executive payouts plan to vote down compensation at upcoming annual shareholder meetings.

January 12, 2021

Fruta del Norte exceeds 2020 production guidance

Lundin Gold’s flagship mine produced 242,400 ounces of gold last year.

January 11, 2021

BHP invests in startup seeking to make emissions-free steel

Boston Metal is developing a method to replace coking coal in the steelmaking process with electricity, reducing emissions.

January 11, 2021

Beny Steinmetz lawyer attacks prosecutor over ‘secret’ Israel trips

Lawyer went on the offensive in the first day of the Israeli businessman’s trial for bribery.