ALROSA representative elected as RJC Vice Chair
On May 17, Peter Karakchiev, ALROSA's Head of International Relations, was elected as RJC's Vice Chairman at its 2018 annual general meeting held in Moscow.
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Tanzanite miner gets bill as Tanzania cracks down on lost mineral revenues
Tanzanian gemstone miner Tanzanite One has agreed to pay compensation and overdue taxes to the government after violations led to losses in public revenues.
Congo billionaire seeks French loan to develop iron-ore railway
The 450-kilometer (280-mile) track will link the southwestern town of Mayoko to a port at Pointe Noire.
Global consumer demand for diamond jewellery hits new record high of US$82 billion
An increase in self-purchase of diamond jewellery helped drive demand, representing 33% of total US diamond jewellery pieces acquired in 2017.
IEA: high oil prices “taking a toll” on demand
Geopolitics has taken over the oil market, driving oil prices up to three-year highs.
Eritrea ‘poison pill’ complicates miner Lundin’s aspirations -sources
Lundin Mining's board of directors, chaired by billionaire resources tycoon Lukas Lundin, refuses to invest in Eritrea.
New First Nations led campaign calls for improved mining practices and better regulation in British Columbia
Province’s contribution to a clean energy future at risk unless changes are made.
China’s Tianqi Lithium buys minority stake in SQM for $4.1bn
The Asian firm has bought a 24% stake in Chile’s Sociedad Quimica y Minera (SQM), one of the world’s biggest lithium producers.
Anglo close to selling part of stake in giant Peruvian copper project
Quellaveco is one of the world’s largest untapped copper orebodies and Anglo’s board is set to decide later in the year whether or not to green-light development of the $5.5bn mine.
