Gem Diamonds finds 183-carat rough at Letšeng mine in Lesotho
Analysts say that while the diamond showed signs of breakage, it could fetch more than $5 million.
Latest Stories
Platinum mining giant says South Africa running out of time
While South Africa’s platinum producers have benefited from a surge in metal prices, mining investors are being deterred by regulatory uncertainty and power shortages.
Congo’s new artisanal cobalt monopoly could seek private partner
The new company would be managed independently by state mining company Gecamines.
Copper price and coronavirus: “Black swan like no other”
Copper price touches lowest since May 2017 on Monday – new report says pandemic could drop industrial metals prices another 26%.
Benchmark continues to expand Lawyers targets
Benchmark is planning on 100,000 metres of drilling at the project this year.
Revival Gold announces ‘substantial’ resource increase at Beartrack-Arnett
Shares of Revival Gold jumped by 16.4% at midday Monday.
Teck pledges carbon neutrality by 2050
Teck’s initial roadmap to carbon neutrality begins with first avoiding emissions, then eliminating or minimizing emissions.
Green, social and sustainability bonds to reach $400 billion in 2020
Moody’s expects 2020 to be another exemplary year for the environmental, social and governance (ESG) bond market, with issuances expected to reach record levels.
Miners ditching diesel seek to cut costs as well as emissions
With energy accounting for as much as a fifth of a mine’s costs, less polluting options can often be cheaper than shipping diesel to remote locations.
