Petra Diamonds shares jump on 425-carat discovery at Cullinan
The discovery comes less than a month after Petra found a 100.83 carat gem-quality diamond at the same mine.
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Europe aims to take its place on the global EV battery production stage
Europe has a dedicated €600 million stream of projects on raw materials. A lot of it is about innovation in the technologies used in mines.
Golden Star boosts Ghana gold resources despite depletion
The company has increased its overall reserves by 6%, net of mining depletion.
K92 Mining reports early result from Blue Lake prospect in Papua New Guinea
The company has intersected 175 metres of 0.28 g/t gold at its Blue Lake porphyry prospect in Papua New Guinea.
Brazil’s Vale slashes iron ore sales estimate after dam burst
Vale SA estimates selling up to 75 million tonnes less iron ore this year, after several mines were halted following its second deadly dam burst in less than four years.
Russia’s Nornickel to spend $1.4B on two expansion projects
Nornickel aims to ramp up nickel output and tap an expected boom in demand from electric vehicle makers.
Chile’s Codelco to boost production at El Teniente copper mine
Output increase would position the mine, which produced 465,000 tonnes of the red metal in 2018, among the world's five largest copper operations.
Southern Madagascar emerging as global hub for battery-suitable graphite
Recent exploration in Southern Madagascar has identified the Ampanihy structure zone as what could soon become a global hub of battery-suitable graphite.
Struggling small miners may lead to bigger industry woes
Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities.