The masters of the diamond world are losing control
De Beers struggles to generate interest from its customers while at least five buyers have broken from their long-term contracts with Alrosa.
Latest Stories
SolGold resumes exploration in Ecuador
The Australian miner is exploring and assessing 75 regional concessions across 14 provinces in Ecuador.
Freeport Indonesia to shift to all-underground mining by 2022
Copper production to rise to 160,000 daily tonnes of ore for 2021 and 200,000 tonnes for 2022.
OZ Minerals to buy Cassini Resources
Company is raising its stake in Australia’s largest undeveloped nickel-copper deposit, West Musgrave.
ArcelorMittal considers sale of Canadian assets
Assets the world’s biggest steelmaker may put on the chopping block include a 420km-long railway servicing the Mont-Wright iron ore mine in Quebec.
Silver Dollar to acquire majority stake in First Majestic’s La Joya project
Silver Dollar Resources believes there is potential on the property’s untapped regional targets.
Glencore hit by another probe over Congo dealings
Switzerland has opened a criminal investigation into Glencore's possible failure to prevent alleged corruption in the DRC.
Unions at Codelco demand more protection against coronavirus
The Federation of Copper Workers union said it would take measures if the company’s health protocols are not further tightened.
Less time underground, more autonomous tech/robots – the future of mine safety
Panellists in a webinar organized by Exyn concluded that mineworkers’ safety is linked to the adoption of autonomous, robotic technology that generates high-quality data.
