Boart Longyear spins out geological data services division, Veracio
New company represents a graduation of AI sensor technology being developed for almost a decade and which has now reached commercial viability.
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Rio Tinto-owned Energy Resources flags bigger provision of $1.51 billion
The costs are related to the Ranger mine in Northern Territory, which was closed in 2021.
US House approves Russian uranium import ban
The Prohibiting Russian Uranium Imports Act would bar Russian uranium imports 90 days after enactment while allowing a temporary waiver until January 2028.
Lucapa fetches $17 million for four diamonds recovered from Lulo mine in Angola
The tender was conducted by Sodiam E.P in Luanda, and the Lulo parcel of 609 carats consisted of 4 Type IIa diamonds weighing 41 carats, 123 carats, 208 carats and 235 carats, respectively.
Silicide spherules from space fetch astronomical prices at auction
Ever since the Zagami meteorite sold in 1996 at Phillips Auction as crumbs in a vial at $1,538 per gram, the universal appeal of otherworldly rocks was driving the prices of exotic samples sky-high and beyond.
Dundee announces first resource estimate for Čoka Rakita gold project in Serbia
The discovery was announced less than a year ago, in January 2023.
Gold price has much more upside than downside risk, says Barrick CEO
In an interview with the Financial Post, Barrick chief executive Mark Bristow said that the market is underestimating the damages from tightening cycles.
The world’s copper supply is suddenly looking scarce
A forecast surplus of copper going into 2024 has suddenly all but disappeared.
Polymetal shareholders approve second plan to exchange for Astana-listed shares
The proposal, which affects around 14% of share capital, was approved at the company's general meeting on Dec. 8.
