Gem Diamonds swings to loss amid industry crisis
The miner recorded a $10.7M goodwill impairment as rough diamond prices drop, supply exceeds demand, and lab-grown stones rise.
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Kodal secures export permit for Mali lithium mine
Permit allows Kodal to export up to 125,000 tonnes of concentrate from its Bougouni lithium mine in southern Mali.
Perth Mint’s August gold sales rise 38%, silver hits eight-month low
Sales of gold coins and minted bars rose to 30,125 ounces in August, up from 21,891 ounces in the previous month.
British Columbia upholds C$800,000 Peace River Coal penalty
The penalty was the largest ever issued by the BC Ministry of the Environment when it was first handed down in 2021.
Nippon Steel settles disputes with USW, Cliffs over US Steel deal
The companies also dropped claims involving Cleveland-Cliffs and its CEO Lourenco Goncalves, who had opposed the deal.
Silver X rises on improved financials, growth outlook
The company reported last week that its operating income for the first six months increased threefold from last year.
Freeport CEO pushes for US incentives to expand copper
While US-based miners enjoy lower tax rates compared with other jurisdictions, copper grades in the US make investing in new domestic operations less attractive, CEO Kathleen Quirk says.
World Gold Council proposes digital model for gold ownership and trading
Council, partners propose new way to own, trade and use gold.
Anglo American to sell remaining stake in Valterra
The company has launched an accelerated bookbuild offering to sell about 52.2 million shares.