Global consumer demand for diamond jewellery hits new record high of US$82 billion
An increase in self-purchase of diamond jewellery helped drive demand, representing 33% of total US diamond jewellery pieces acquired in 2017.
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IEA: high oil prices “taking a toll” on demand
Geopolitics has taken over the oil market, driving oil prices up to three-year highs.
Eritrea ‘poison pill’ complicates miner Lundin’s aspirations -sources
Lundin Mining's board of directors, chaired by billionaire resources tycoon Lukas Lundin, refuses to invest in Eritrea.
New First Nations led campaign calls for improved mining practices and better regulation in British Columbia
Province’s contribution to a clean energy future at risk unless changes are made.
China’s Tianqi Lithium buys minority stake in SQM for $4.1bn
The Asian firm has bought a 24% stake in Chile’s Sociedad Quimica y Minera (SQM), one of the world’s biggest lithium producers.
Anglo close to selling part of stake in giant Peruvian copper project
Quellaveco is one of the world’s largest untapped copper orebodies and Anglo’s board is set to decide later in the year whether or not to green-light development of the $5.5bn mine.
Centerra gets $200 million for royalty portfolio and Kemess silver stream
The miner is receiving an upfront cash payment of $155 million for AuRico Metals’ royalty portfolio and about $45 million payable in four tranches for Kemess's silver output.
Last missing Polish miner found dead: JSW
“The (last) miner’s body was trapped under one of many structures in the destroyed pit,” JSW said in a statement.
Young Australians oblivious to mining
Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.
