Diamond selling processes are outdated and hurting producers, trader says
A trader at HB Antwerp says the impact on producers could be reduced by doing away with inefficiencies in the industry.
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Cobalt’s EV battery comeback as prices nearly double
The size of the electric vehicle battery cobalt market in August jumped to the highest since December 2022.
Pakistan approves $390M plan to build rail tracks from Balochistan mines
The railway tracks would be used to transport large volumes of export material from mines.
Atico secures $157.9M investment protection for Ecuador project
Atico said the agreement would provide the added benefit of legal and tax stability throughout the life of mine.
Ivanhoe begins Stage 2 mine dewatering, copper guidance to follow
In the near term, Ivanhoe expects the ramp-up of underground mining activities to return the production rate to over 550,000 tonnes per annum.
Minera Alamos raises $98M to pay for Equinox assets
Proceeds will cover the $90 million upfront cash portion of the Equinox deal, which includes the Pan gold mine, Gold Rock project and Illipah project.
Mali appeals order to free detained Barrick staff – report
Prosecutors have appealed a judge’s order granting bail to four Barrick employees.
Zijin Gold said to draw GIC, Millennium as investors for Hong Kong IPO
The lineup of marquee names investing in Zijin Gold signals the world’s biggest listing since May will be in high demand.
Leo Lithium bows out, handing back $220M to shareholders
Leo is also facing automatic delisting from the ASX on Sept. 22, after nearly two years of suspended trading.