Weak demand takes shine off Petra Diamonds revenue
It expects to produce about 3.8 million carats in 2020, compared to the 3.9 million carats it generated for the year ended June 30.
Latest Stories
Russian and Zimbabwe state-owned diamond miners form JV
Starting in the fall of 2019, the JV will focus on geological exploration of greenfield deposits.
Canadian uranium miner signs final deal with Niger
A new company will be created to operate GoviEx’s flagship Madaouela uranium project.
Brumadinho dam disaster shrinks Vale iron ore output 34%
The drop to 64.057 million tonnes came as several major operations remained fully or partially shut down in the second quarter following a deadly dam burst at the Corrego do Feijão mine.
Serabi Gold moving forward with permitting third Brazilian mine, keeps guidance
The miner remains on track to produce between 40,000 and 44,000 ounces of the precious metal this year.
Europe’s largest lithium project could be up and running mid-2022
European Metals is working on a definitive feasibility study and says it could begin project construction in mid-2020.
Mineral Resources in good standing despite delay at Wodgina – report
The WA Department of Water and Environmental Regulation has not approved the commissioning of train 2 at the lithium operation.
Grupo Mexico’s activities in Guaymas suspended after sulfuric acid spill
The environmental protection agency ordered the closure because the mining company doesn’t have the required environmental impact permit to operate.
Antamina to spend $390m on mine reno
The company expects to be able to process 85 million tonnes of mineral per year.
