Lucara results highlight difficult market
The miner produced 42% more diamonds than expected and sold 33% more than anticipated for 4% less revenue.
Latest Stories
Rio Tinto’s Resolution copper project in Arizona moves a step closer
The state has one of the few known major deposits of the metal, with the potential to meet around a quarter of US demand.
Indonesian president seeks input on bringing forward ore exports ban
The ban is about pushing domestic industries to process more mineral ores locally.
Zambia asks Glencore unit to rescind mine shaft closures
Glencore subsidiary Mopani announced the shaft closures on Thursday in a move that an opposition leader said had led to 1,400 job losses.
Pakistan’s milewide open air mine shows why coal won’t go away
In Asia, dozens of coal plants have come on line in recent years or are in the planning stages—with a normal lifetime of almost a half-century.
China Molybdenum seeks opportunities to beef up battery metals business
Cobalt, copper, nickel and lithium are expected to see increasing demand from the EV trade in the years ahead.
World’s No. 1 copper miner gets $300m from Canada
The loan by Export Development Canada will help Codelco finance an ambitious overhaul of its aging mines.
BLM green-lights Blackrock Gold’s drill program in Nevada
The miner is readying to follow up on the high-grade gold intercepts found by Teck and Placer Dome.
Minera Alamos receives environmental permit for Santana gold project
The new permit provides the key approvals necessary for the construction of a commercial-scale mine.
