April 9, 2019

Vale says BSG ordered to pay it $1.25B

The joint venture intended to explore for iron assets at the Simandou prospect, but the concession was revoked in 2014 by Guinea's government.

April 9, 2019

Walkabout Resources’ stock rises as it tees-up Asian off-takers for its graphite

The company has entered its second binding offtake agreement in two weeks, contracting to sell 10,000 tonnes of large and jumbo flake graphite concentrate to a private company in China.

April 9, 2019

Don’t bet on platinum miners boosting supply on price surge

Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa.

April 9, 2019

World’s biggest platinum miner braces for tough wage talks

The largest union in the platinum industry wants its members to share the benefits of higher prices.

April 9, 2019

South Africa’s carbon tax could cost Amplats $21m a year from 2021 – CEO

South Africa’s parliament approved a long-delayed carbon tax bill in February as part of plans to reduce harmful emissions in the country.

April 9, 2019

Ivanhoe execs brief Congo president on progress of massive copper project

According to Wood Mackenzie, it is the world's largest, undeveloped, high-grade copper discovery.

April 9, 2019

Niger to pay $14.5m for 10% of GoviEx’s Madaouela uranium project

Government and company agreements also allow for the Madaouela mining permit to expand and include an additional 5.96 million pounds of measured and indicated resources.

April 9, 2019

De Beers diamond sales hit highest level since mid-2018

The world’s top diamond producer by value sold  $575 million in its third sales cycle of this year, the highest since the fifth cycle of 2018, when it recorded $581…

April 8, 2019

A million tonnes of copper is on the way: it may not be enough

Giant mines currently under construction will churn out an additional one million tonnes of copper through 2023, but that won’t be enough.

April 8, 2019

Firestone finds another massive diamond at Lesotho mine

It's the second one over 70-carat Firestone has found at its Liqhobong mine this year.