September 4, 2025 Gem Diamonds swings to loss amid industry crisis The miner recorded a $10.7M goodwill impairment as rough diamond prices drop, supply exceeds demand, and lab-grown stones rise.
September 2, 2025 Codelco warns Chile’s copper output may stall at 5.5Mtpa Codelco is advancing upgrades and ventures, confirming lithium ties with SQM and signing a BHP exploration deal this week.
August 27, 2025 Rio Tinto overhaul cuts to three units, axes execs, reviews mines Rio Tinto’s new boss Simon Trott is merging divisions, reviewing mineral assets and signalling more tough choices ahead.
August 25, 2025 Pan American locks in $2.1B takeover of MAG Silver Deal hands Pan American a 44% interest in the high-grade Juanicipio silver mine in Mexico, operated by Fresnillo.
August 15, 2025 American Rare Earths produces first Wyoming oxides A research group assayed the concentrates to about 96.4% light rare earth oxides and 97.1% heavy rare earth oxides from 840 kg of ore.
August 15, 2025 Gold Fields nears $2.4B Gold Road takeover ahead of vote Gold Fields would gain full ownership of the Gruyere mine in Western Australia, where it currently holds a 50% stake.
August 15, 2025 Dubai investor offers $10M lifeline to Lucapa Diamond The deal ensures creditors are fully paid, while shareholders get up to 1.8 AUD cents per share, up from 1.4 cents.
August 14, 2025 Ganfeng, Lithium Argentina merge Salta projects in $1.8B deal The partners aim to produce up to 150,000 tonnes per year of lithium carbonate equivalent in three phases of 50,000 tonnes each.
August 13, 2025 Hudbay snags $600M investment for Arizona copper project Deal hands Mitsubishi a 30% stake in Hudbay's Copper World project, sharply reducing its upfront funding needs.
August 11, 2025 Gemfields sells Fabergé luxury brand for $50 million The sale to US investment firm SMG Capital wraps up a review of the business initiated by Gemfields in late 2024.
Gold and uranium boost Namibia’s tax revenue after diamond prices plunge Diamond income has traditionally boosted Namibia's state coffers, accounting for about 30% of export earnings. December 17, 2025 | 07:21 am