Lucapa Diamond locks in Mothae mine funding
The Australian diamond miner has secured 100 million rand (about $7m) in development funding for the Lesotho mine from South Africa’s Industrial Development Corporation (IDC).
Latest Stories
China aluminium firms to cut 800,000t of capacity in coming months – official
Operating pressure on smelters is "reaching the extreme limit" even worse than in the fourth quarter of 2015.
Eight months and millions later, Anglo American restarts Minas Rio mine
The massive iron ore mine was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes of the steelmaking material.
ePower Metals buys Magenta cobalt project in Mexico
Magenta hosts numerous high-grade cobalt/gold/silver/nickel vein and skarn style deposits.
Tasman Mining to bring historic New Zealand mine back into production
The Blackwater mine was once the most prolific mine in the Reefton Goldfield, producing 700,000 ounces of gold between 1908 and 1951.
First Quantum Minerals to let 2,500 workers in Zambia go over tax hikes
The Canadian miner said the job cuts will be implemented in phases during the first quarter of 2019, adding they’ll be equally split between its Kansanshi and Sentinel mines.
Worst Czech coal mine blast in decades kills 12 Poles, one Czech
The accident is the worst mining disaster in the Czech Republic since 1990, when 30 miners died in a fire at a mine near Karvina in the same region.
Nighthawk updates progress on Indin Lake project infrastructure
The property hosts the Goldcrest and Grizzly Bear deposits.
Miners are budgeting for a recovery in copper
Don’t listen to what miners say. Look at what they do.
