July 25, 2016 China snaps up $4.5bn worth of overseas mining assets in just six months Most of them have been after existing operations and companies, rather than trying to build mines from scratch.
July 25, 2016 Petra Diamonds results beat expectations on strong sales, production Output rose 16% to 3.7 million carats, which puts Petra on track to hit its long term annual target of 5 million carats in 2018, a year earlier than planned.
July 22, 2016 Snap Lake diamond mine is for sale De Beers underground mine in Canada's arctic, shuttered since December, cost $1.7 billion to build and operate and never turned a profit.
July 22, 2016 Fresh wave of Chinese firms to go after Congo’s riches — report Faced with declining domestic production, China's top copper company — Minmetals — said earlier this year that the "only solution” was going overseas, and many are following its steps.
July 20, 2016 Dominion Diamond stock apathetic amid significant production ramp This was supposed to be a key year for Dominion, especially with the commencement of mining at the company’s rich Misery Main pipe at its Ekati mine.
July 20, 2016 Heavy snowfall in Chile forces Anglo to cut annual copper target Shares plunged after miner revealed that output fell almost across the board in the April – June period.
July 20, 2016 Lucara announces special dividend of $172m Lucara is still trying to sell the second-largest diamond ever discovered.
July 19, 2016 Mick Davis to overhaul X2 Resources as fund fails to close any mining deal Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.
July 18, 2016 Botswana to keep unprofitable copper miner alive just to save jobs The government will maintain 1.4 billion pula ($130 million) of annual spending on state-owned BCL for now.
July 14, 2016 Peregrine Diamonds to focus on $95 million all-weather road before moving ahead with Nunavut mine The Chidliak mine, in Canada’s Nunavut, is expected to produce around 12 million carats during its 10-year lifespan.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
