De Beers closes 2024 with huge price cuts
The world’s largest diamond producer by value has reportedly cut prices between 10% and 15% across the board.
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Norway forced to pause Arctic seabed mining plans
A small left-wing environmentalist party secured an agreement to delay the initiative in exchange for supporting the national budget.
Northern Star Resources to buy De Grey Mining in $3.3 billion deal
The deal gives Northern Star access to De Grey's Hemi gold development project in Western Australia.
Peru names Jorge Montero as minister of mines and energy
Montero served as Peru's vice minister of mines from November 2020 to August 2021.
Peru votes to extend informal mining permits for six more months
Informal mining workers have blockaded key highways to pressure for an extension.
Global mineral exploration activity in October was highest in a year, S&P data shows
According to S&P, funds raised by junior and intermediate miners nearly quadrupled to $1.61 billion in October, the highest since March 2022.
Canada’s oil and gas drilling forecast to hit decade high in 2025 – report
The Canadian Association of Energy Contractors reports the highest levels of drilling activity and associated jobs since 2015.
Next phase of development underway for world’s largest solar thermal project – MA’ADEN I
1.5 billion project to slash carbon emissions by 600,000 tons/year for Saudi Arabia's biggest mining company.
Lithium Argentina picks Switzerland as another China-backed junior flees Canada
The company is seeking to redomicile to Switzerland following a corporate review and a new agreement with investor Ganfeng Lithium.
