Lucara bets on diamond market recovery, plans mine expansion
The company has earmarked $53 million for early work on a planned underground mine at Karowe. A final investment decision will be made in the second half of 2020.
Latest Stories
Cerro de Pasco acquires Volcan’s mining assets in Peru for $30 million
Cerro de Pasco was one of the oldest and largest polymetallic mines in the world, operating for almost 400 years.
Seequent’s Target for ArcGIS Pro integrates mining, exploration data for first time
The industry first, intuitive Esri-integrated solution simplifies the importing, viewing and analysis of drill hole and subsurface geological data within ArcGIS Pro.
Sego chooses new targets at Miner Mountain
The target has local zones of 1% to 2% copper and 0.5 g/t gold.
Rio spending $4 billion on iron ore pipeline amid China demand
Rio forecasts its iron ore shipments to rise as much as 5% in 2020.
China launches three months of checks on coal mine safety
China, the world's largest coal miner and consumer, has reported six coal mine accidents since October.
Central banks’ gold buying and repatriation spree
Central banks added 156 tonnes of gold to their reserves in Q3, according to the World Gold Council.
GT Gold’s stock jumps after boost from Newmont
Newmont will own 14.9% of GT Gold’s outstanding shares, an increase from the 9.9% it previously held.
Canadian town of Asbestos, in Quebec, seeks new name
Former mining town asks residents to submit suggestions.
