Stronger diamond prices lift Petra Diamonds’ Q1 revenue
Production fell 10% year on year to 974,346 carats due to the ongoing closure of the Williamson mine in Tanzania.
Latest Stories
Caterpillar earnings dive as economy woes deter equipment purchases
Reflecting weak equipment demand, Caterpillar now expects dealer inventories to decline by $2.5 billion this year.
Critical copper negotiations point to a tight market
Higher prices should provide an incentive for miners to maximize output next year, potentially alleviating some of the strain on supply, said Freeport VP of Marketing Javier Targhetta.
Nickel’s sizzling rally cools, but not over yet
Metal’s spectacular rally over the last month still has momentum, but as supplies rise and demand dwindles, prices will retreat.
PureGold drills ‘bonanza-grade’ in Red Lake
As the developer prepares its PureGold mine in Ontario for a first gold pour by year-end, the company has reported high-grade intercepts from its 30,000-metre infill and step-out program.
Condor Gold prepares for La India mine construction
The miner has kicked off a ground investigation program consisting of 20 geotechnical drill holes.
Santacruz Silver reports rise in production in Q3-2020
The Vancouver-based miner said that its operations in Mexico have returned to normal.
Young Mining Professionals announces 2020 scholarship winners
A total of C$61,500 in scholarships has been awarded to students studying mining-related programs in Canada.
Barrick’s Loulo-Gounkoto on track to meet 2020 guidance
The Toronto-based miner said production performance has been robust despite the coup-d'etat in Mali and the covid-19 pandemic.
