De Beers scraps diamond sales event
The coronavirus lockdowns have made it impossible for buyers to attend.
Latest Stories
BHP commits $8m to support Chile’s battle against covid-19
The world’s biggest mining company is providing financial resources to strengthen early detection.
Corriente Resources’ mining camp in Ecuador set on fire
The camp is part of the San Carlos Panantza mining complex.
Tiny electronics can still rely on gold
Engineers’ doubts around whether the yellow metal would liquify as wires become smaller have been put to rest.
Rosneft sells Venezuelan assets as fight with US grows
Rosneft sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions.
Namibia suspends mining operations as coronavirus lockdown takes effect
On Saturday, the country entered its first day of a partial lockdown as a response to the COVID-19 pandemic.
Guinea partners with China-backed consortium at Simandou
The Simandou deposit holds estimated reserves of more than 2 billion tonnes of high-grade iron ore.
Seabridge reports net loss for 2019
The company posted a net loss of $11.6 million in 2019, compared to a loss of $19.9 million in 2018.
Gold stranded by coronavirus may travel on chartered flights
Suppliers are in talks to use chartered or cargo flights to transport the precious metal.
