Polished diamond prices drop in April — report
According to Rapaport, the price of 1-carat diamonds slid by 1% year-to-date and the price of 3-carat diamonds fell by 6.1% year-to-date.
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Rio Tinto and Caterpillar to build intelligent mine in Western Australia
Once completed, the mine will have an annual capacity of 43 million tonnes, underpinning output of the Pilbara Blend, Rio Tinto’s flagship iron ore product.
Barrick Gold to sell $1.5B in assets, but open to acquisitions
The goal is for the sale process to be well advanced by mid-2020.
Record earnings, free cash flow for Kirkland Lake Gold in Q1
The company's revenue grew 54% to a record $304.9 million.
Kinross Gold reports strong Q1 results — on track to meet 2019 guidance
Production cost per ounce was $682, a win for Kinross, with 2019 guidance set for $730 per ounce.
In the land where coal is king, mine jobs outweigh climate fears
Coal is Australia’s second-largest income generator after iron ore, and many lawmakers welcome efforts to boost an industry that brings in A$60 billion ($42 billion) a year.
Indonesia chases manufacturing hub dream as commodities wither
Indonesia plans to open up more sectors to foreign investors and reboot its stringent labor laws to become a regional manufacturing powerhouse rivaling Germany and South Korea.
Lithium prices from Chile decline even as demand soars
Chile exported lithium carbonate at an average price of $12,183 per tonne, 0.9% down from the same period a year earlier.
China-US trade war disrupting metal markets, sparking volatility
A swift deterioration in China-US trade talks hit global financial markets this week as investors faced the prospect of an escalation rather than an end to a 10-month-old trade war.