Massive emerald cluster sets new record at Gemfields auction
The Kafubu Cluster, found at the Kagem mine in Zambia in 2020, became the most expensive single emerald item ever sold by Gemfields.
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Silver heads for biggest deficit in decades, Silver Institute says
Global demand for silver is expected to rise 16% this year to 1.21 billion ounces, according to the Silver Institute.
Minister denies Baffinland Iron Mines expansion in Nunavut
Mary River, considered one of the world’s richest iron deposits, opened in 2015 and ships about six million tonnes of ore a year.
Full 9th US Circuit to tackle complex Resolution Copper mining case
The dispute centers on the federally owned Oak Flat Campground, which some Apache consider home to deities and which sits atop a reserve of more than 40 billion pounds of copper.
Plans for OPEC of nickel finds doubters in Australia, Canada
Indonesia is the biggest producer of nickel by a wide margin and is home to around 20% of the world’s deposits of the metal.
Rio to pursue Turquoise bid after ending talks with minority shareholders
Rio said it will proceed with the acquisition of the 49% stake in Turquoise and will work with the special committee for a new shareholder meeting.
OZ Minerals backs BHP’s improved $6.5 billion offer
BHP plans to splash cash on nickel exploration and a deal with OZ would give it access to projects.
US Republicans aim to shorten EV mine permitting after House win
Republican leaders had promised voters during the election they would cut the mining permit review timeline in half and boost domestic EV mining, rather than seek more supply overseas.
Vale to supply GM with nickel for EVs, starting in 2026
The Vale deal will supply GM with enough refined nickel for up to 350,000 EVs a year.
