Fortuna’s Lindero project on track for production in Q3 2019
The company estimated that project expenditures in 2018 to total between $110 million and $130 million.
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ALROSA reports October diamond sales $242.8 million – down 28% YoY
ALROSA's total diamond sales in January-October 2018 grew 6% YoY.
Australia lithium miner Altura says it has signed offtake deal with China’s Ganfeng
The deal will see Altura supply Ganfeng with 8,000 tonnes of 6-percent spodumene concentrate this year and a minimum of 70,000 tonnes per year from 2019 to 2021.
Gold falls to 1-month low as hawkish Fed boosts dollar
U.S. gold futures fell over 1 percent to $1,212.20 per ounce.
Stung by Asian dominance, Germany pours cash into EV battery ventures
Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries.
South Africa’s Gold Fields Q3 production down 3%
South Deep has faced numerous operational obstacles below the surface and is undergoing restructuring that would cut around about 1,100 jobs.
Guyana Goldfields starts underground development at Aurora
The company is investing more than $120 million, which is a first in the history of the South American country.
Rio’s Argyle pink diamonds tender breaks record
The 2018 collection of the finest pink, red and violet diamonds continued its trajectory of double-digit price growth.
X-Terra Resources to acquire 100% interest in four New Brunswick properties
The company says is has completed due diligence on the acquisition of the properties.
