December 11, 2019 Alrosa to mine first diamonds from Angola in mid-2020 The Russian miner and its local partner, Catoca Mining, say Luaxe could produce 1 million carats, worth $90 million, next year.
December 10, 2019 Magnis Energy signs construction contract for Tanzania graphite project The fixed price for the turn-key solutions services is $277 million.
December 10, 2019 First Quantum quashes Rio rumor, says Jiangxi no threat Executives were caught off guard by this week’s share purchase by Jiangxi Copper, but say there’s no chance that will lead to a takeover bid either.
December 10, 2019 Implats to close North American Palladium takeover this week The C$758 million transaction, which was first announced in October, remains on track to close on December 13.
December 10, 2019 Petra Diamonds restarts South African mines Mines across South Africa have shut down after flash flooding triggered the most severe power blackouts in more than a decade.
December 10, 2019 ICMM updates mine-community relations guide to reflect investors’ pressure Improved guidance integrates the eight effectiveness criteria of the UN Guiding Principles on Business and Human Rights.
December 10, 2019 Palladium tops $1,900 as South Africa power cuts fuel supply woe Palladium may “pause at $1,900 given some technical resistance, but overall the price could go higher.”
December 10, 2019 Anglo American cuts output targets for coal, iron ore and diamonds While bullish on copper, the miner has also cut production guidance for 2020 to between 620,000 and 670,000 tonnes.
December 10, 2019 Madagascar to raise minerals taxes, take 20% stake in mining projects Mining royalties would rise to 8% from 2% for raw precious stones. Rough industrial stones would attract a 6% royalty rate while cut industrial stones would be taxed at 3%.
December 10, 2019 South African mines grind to halt as floods worsen power crisis Sector is experiencing the largest power blackouts in more than a decade.
US urges partners and allies to increase critical minerals supply chain resiliency Treasury Secretary Scott Bessent hosted his counterparts in Washington to discuss solutions to secure and diversify supply chains for critical minerals. January 12, 2026 | 03:08 pm
