July 19, 2018 De Beers buys Canada’s Peregrine Diamonds for $81 million Canadian firm is the sole owner of the Chidliak diamond project in Nunavut.
July 19, 2018 Miners wrote off almost one-third of investments over last decade From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
July 18, 2018 Guinea’s mining minister says there will be Simandou deal, talks go on Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining […]
July 18, 2018 Wreck of Russian warship carrying $130bn in gold found off South Korea The Dmitrii Donskoi is believed to have sunk in a naval battle 113 years ago, carrying the treasury of the entire flotilla, which would have included port expenses, as well…
July 17, 2018 World’s biggest miners want more copper but nobody’s selling Nobody who owns a copper mine wants to give it up. Even when Glencore and Anglo American Plc were crippled by debt during the 2015 commodity slump, neither was willing…
July 17, 2018 LME to launch monthly ‘implied pricing’ for base metals Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
July 17, 2018 Rio Tinto posts jump in iron ore output, flags stronger 2018 Rio said it expected iron ore shipments for the year to be at the upper end of its range of 330 million to 340 million tonnes, thanks to productivity improvements…
July 15, 2018 Chilean government wants conflict at Escondida to be over The possibility of a strike was talked about over the weekend.
July 15, 2018 Copper trains ransacked by ‘Moles’ in full-moon desert heists A common target for the thieves is Antofagasta Plc’s logistics unit Grupo FCAB, which owns and operates about 700 kilometers of railway lines used to transport cathode and semi-processed copper.
July 13, 2018 Rio Tinto’s ‘world’s largest robot’ delivers first iron ore load The autonomous train, consisting of three locomotives and carrying around 28,000 tonnes of iron ore, travelled from Tom Price mine to the port of Cape Lambert
Northern Star climbs to record high as first-half profit surges 49% The gold miner reported underlying net profit after tax of A$759.8 million ($541 million) for the half year ended December 31. February 11, 2026 | 03:33 pm
