Rio says Chinalco pact for $1B Simandou stake has lapsed
Rio and Chinalco have decided to explore other options to realize value from the project.
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Zimbabwe gold producers warn currency shortage threatens output
Zimbabwe's mining industry is facing “severe viability challenges” because of the shortage of hard currency
Canada injects C$5m into Goldcorp’s Borden mine as prize for innovation
Grant supports innovation to cut greenhouse emissions, which the gold miner will do by opening the first underground mine in Canada to replace all diesel mobile equipment with battery electric vehicles.
India court asks regulator to decide on Tata, Adani power relief
The plants haven’t been running at full capacity after the court ruled last year that a change in regulations overseas couldn’t be a ground for increasing power prices.
Rockcliff Metals drills historic gold mine in Manitoba
Rockcliff is testing the gold potential of the Laguna property in partnership with Kinross Gold.
Enforcer Gold to buy Red Lake Property in Ontario
The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake.
World’s two top diamond miners join forces to test blockchain pilot
Alrosa has joined rival De Beers' Tracr industry blockchain traceability platform, aimed at clearing the supply chain of imposters and conflict diamonds.
Spend don’t splurge, investors tell miners as M&A, capex surges
Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.
Firestone hails strong start of second quarter despite slight recoveries fall
The Africa-focused miner sold a 68-carats white diamond for just under $1 million, which became its third most valuable stone to date.
