Gem Diamonds nets $8.8 million for 13.3 carat pink rock
The price per carat was $657,000 — a record for a diamond found at Gem’s Letšeng mine in Lesotho.
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Pan African Minerals’ $2.2B claim over giant manganese deposit contract dismissed by court
Tambao, one of the world’s largest manganese mines, has been halted since 2015 after Burkina Faso's new government ordered the company to stop production.
Sustainability pressure turns into competitive advantage for miners — report
Ethically sourced gold for example, may command a price premium of 3% to 5%.
Leagold describes Los Filos expansion
The expanded Los Filos project will have a 20-year mine life (2019-2028) during which time 3.2 million oz. of gold will be recovered.
Monarques Gold cuts bonanza grades at McKenzie Break
Monarques Gold has now seen visible gold in 12 of the first 41 holes drilled to date at its McKenzie Break deposit.
Atlantic Gold boosts resource, exceeds 2018 production guidance
The company produced 90,531 oz. gold in 2018, beating the upper end of its 82,000-90,000 oz. gold guidance.
CIBC upgrades Imperial Metals with Newcrest investment in Red Chris
The bank has upgraded Imperial Metals to a neutral rating from underperformer and lifted its 12-18 month target price on the stock.
Diamond recycling could save the natural industry
De Beers quietly entered the recycled diamond business in 2016.
Greece’s Public Power relaunches coal-fired power plants sale
PPC wants to conclude the sale by May and has been in touch with investors from the United States, Russia and China.
