August 24, 2020

De Beers cuts diamond prices after covid-19 curbs demand

The world’s No. 1 producer is cutting prices for larger stones by almost 10% starting this week.

August 24, 2020

Rio Tinto enters option for ALX’s Falcon project

Rio may acquire up to an 80% interest in the project in northern Saskatchewan by incurring a total of $12 million in exploration expenditures over 6 years.

August 24, 2020

Congo grants new export ban waivers for copper, cobalt, tin

Country gave mining companies an indefinite waiver to an export ban on cobalt hydroxide and carbonate, as well as tin, tungsten, and tantalum concentrates.

August 24, 2020

Elon Musk is going to have a hard time finding clean nickel

Recent accidents suggest the industry will struggle to meet Musk’s request for a large quantity of the metal produced in an “environmentally sensitive” way.

August 24, 2020

Glencore makes U-turn to back artisanal mining of cobalt

The company, which has long endorsed the purchase of cobalt from industrial mines, is now backing a new initiative to support informal miners instead.

August 24, 2020

Rio Tinto chiefs lose millions over aboriginal site blast

Rio will cut short-term bonuses of some senior executives after internal review found “systemic failures in the cultural heritage management system.”

August 21, 2020

MINING PEOPLE: BHP, First Cobalt, Teck, Treasury, Zanzibar

Key moves in the mining sector.

August 21, 2020

B2Gold says Mali border shutdown to be short-lived

B2Gold and other miners said on Wednesday they were operating as usual.

August 21, 2020

Zijin profit jumps by nearly a third as gold prices surge

Company reported a 30.6% jump in first-half profit as it increased output and cashed in on soaring prices.

August 21, 2020

Fortescue opens talks with Afghanistan on nation’s mining riches

Country has struggled to accelerate development of an estimated $1 trillion worth of mineral deposits.