Major miner Rio Tinto and the Serbian government on Monday signed a memorandum of understanding to speed up development of Rio's giant deposit of jadarite, a mineral unique to Serbia that contains lithium.
The Aikhal division accounted for more than a third of the company’s total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase.
A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its mining sector, the joint venture Emincar overseeing the project said this week.
The White Gold District in the Canadian Yukon territory is continuing to see movement, this time among junior gold explorers hoping to grab a piece of the action.
Glencore (LON:GLEN) has placed a multi-million-dollar bet on copper by investing just over US$21 million (GBP 16.16 million) into Brazilian copper producer Paranapanema (PMA).