September 18, 2018 BHP ditching ‘Billiton’ from its name, trims CEO pay rise Miner will ask shareholders at the annual meeting in October to vote to rename the company in an effort to emphasize its Australian roots.
September 16, 2018 How Anglo quietly built a commodity trader in Glencore’s shadow In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.
September 15, 2018 Top platinum mines keep digging even as price at decade low Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount.
September 14, 2018 De Beers steps up hunt for fake diamonds with new detector The world’s top diamond producer by value has led industry efforts to both verify the authenticity of diamonds and ensure they are not from conflict zones where gems may be…
September 13, 2018 De Beers officially the new owner of Peregrine Diamonds The C$107 million-acquisition ($82m) gives the miner access to the Chidliak diamond project in Canada, which hosts at least 74 kimberlites, eight of which are potentially economic.
September 12, 2018 After 103 years, Chile’s Codelco blasts at Chuquicamata pit for the last time Chuquicamata, the company’s second largest copper operation by size, is expected to transition to underground block cave mining by mid-2019.
September 11, 2018 De Beers’ recent diamonds sale the worst in two years Sales for the seventh cycle stood at a provisional $505 million, down $134 million or 21% from what De Beers got at the same cycle in 2016, when it began…
September 11, 2018 Rio Tinto scours for electricity to run giant Mongolia copper mine Mining giant running out of time to secure power supplies
September 7, 2018 Mining exploration spending in Australia jumps to 5-year high Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
September 6, 2018 Mountain Province Diamonds results of seventh diamond sale of 2018 Total proceeds from the sale were US$26.9 million (CDN$35.3 million) from 411,317 carats at an average realized value of US$65 per carat
Lundin Gold to invest $100 million in 2026 Ecuador exploration Lundin wants to increase its existing reserves totaling 5.54 million ounces, and identify new deposits through a three-year project. February 12, 2026 | 10:29 am
