Diamond crisis to last another year
The glut that’s depressing the diamond market will last another year, according to industry consultant Bain.
Latest Stories
Poor market conditions derail Triple Flag IPO
Toronto-based Triple Flag, backed by hedge fund Elliot Management, last month said it aimed to raise C$360 million.
Top gold sector investor demands more action on carbon emissions
South Africa's biggest money manager has written to 22 gold mining companies asking them to disclose data on the emissions they cause.
When will GDX break out?
A resumption of rate cuts or rising energy prices that trigger an increase in inflation expectations could be the reason for the next move.
Triumph returns long intercepts from Freegold
Drill highlights include 80.5 metres of 0.66 g/t gold equivalent starting at 60 metres.
Quaterra gets its hands on Butte Valley prospect
The Vancouver-based miner said the Butte Valley prospect fits its acquisition profile.
RTG to acquire Mt Kare gold project in Papua New Guinea
The project is located just 15 kilometres southwest of Barrick Gold's prolific Porgera gold mine.
US Army will fund rare earths plant for weapons development
The move is part of an urgent push by Washington to secure domestic supply of rare earths, according to a government document seen by Reuters.
Alrosa to mine first diamonds from Angola in mid-2020
The Russian miner and its local partner, Catoca Mining, say Luaxe could produce 1 million carats, worth $90 million, next year.
