July 27, 2015 Alrosa’s biggest diamond mine goes underground The company has officially shifted operations at its flagship Udachnaya mine from open-pit to underground mining.
July 24, 2015 Anglo American to axe 53,000 jobs, put 15 assets up for sale “It is a pretty tough market,” said Chief Executive Mark Cutifani, “and in all likelihood the next six months are going to be even tougher.”
July 22, 2015 Gemfields Mozambique mine to yield rubies for over 20 years An independent report has confirmed the Montepuez mine holds the largest deposit of rubies in the world, with projected output of 432 million carats over 21 years.
July 21, 2015 Alrosa’s rough diamonds sales down 22% in first half of the year The Russian company, hit by a sustained slowdown in the diamond market, said its rough diamond have declined by 6% in the first six months of the year.
July 21, 2015 Canadian ministers urged to better prevent damage from mining Federal Natural Resources Minister, Greg Rickford, argues that the federal government is taking the right steps through new legislation.
July 20, 2015 Canada’s resource industry calls for government collaboration on three key challenges Industry highlights top priorities at the Energy and Mines Ministers’ Conference
July 17, 2015 Lucara gets $69 million from first diamond sale, amid tough market conditions The star of the show was a 341.9 carat diamond —unveiled in April —, which sold for $20.55 million
July 16, 2015 Part II: Will mining boom again, Dad? Don't hold your breath kid. It’s bleak out there and we have a 10-year super commodity bull to work off this time.
July 15, 2015 Dodd-Frank: Five years and $1.5 trillion later In the five years since the Dodd-Frank Act passed, oil produced in developing countries was worth an estimated $1.55 trillion for those governments. But because the landmark US transparency law…
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
