Lucara increases credit facility to $50 million
Lucara has discovered rare diamonds in the past, including a 9.46-carat blue diamond that fetched $4.5 million in 2012.
Latest Stories
Funding still an issue for miners, especially juniors: report
While the mining industry seems to be on its way up, cash-strapped juniors continue to struggle.
Anglo Asian scores three-year copper sales deal
The Gedabek mine expects to exceed its target to produce 595 tonnes of copper for 2014.
Mongolia wants to regain investors confidence by returning mining licenses
Foreign direct investment in the central Asian country dropped 50% last year.
South American, African mines lift Glencore Xstrata copper output
Copper has gained an increasingly important role in Glencore Xstrata's portfolio since last year’s mega merger.
Shipwreck hunter recovers first gold from what could be $80m find
Florida-based salvage firm recovers nearly 1,000 ounces from first reconnaissance dive to 1857 steam ship that went down with 477 California gold miners.
INFOGRAPHIC: Top mining CEOs – who earns what?
Last year's top earner was a coal miner who ended the year $15 million in the black.
Nickel price rise: too much too soon says new report
Nickel prices are up by almost a third since the start of the year. That looks premature at best and, at worst, overdone says new report.
Rare mineral project in Nebraska to bring ‘huge economic opportunities’
NioCorp Developments' El Creek niobium mine could become the first such a mine in the US, which currently imports 100% of its needs for the metal.
