September 10, 2020

Flawless 102-carat diamond could fetch up to $30 million at auction

The gem was cut from a 271-carat rough that was discovered at the Victor mine in Ontario.

September 10, 2020

Turquoise Hill stock tanks on Mongolia mine funding

Turquoise Hill shares dropped 23% after controlling shareholder Rio Tinto announced a $500m debt deal for the troubled Oyu Tolgoi expansion.

September 10, 2020

BHP 30% by 2030 emissions reduction target fails to impress

The miner has not set goals to cut its Scope 3 emissions — those indirectly generated by end-users.

September 9, 2020

Barrick CEO faces stark test in fight for PNG mine

The world's second-largest gold producer lost a key court challenge last week over rights to the Porgera mine.

September 8, 2020

Mining deal value down over $18bn due to pandemic

GlobalData says mergers and acquisitions, despite a decent first quarter owing to deals involving gold, fell by 51.6% during the first half of 2020.

September 7, 2020

GFG’s aluminium business looks along supply chain for takeovers

The privately-held group is seeking acquisitions that include green energy in order to meet its goal of becoming carbon neutral by 2030.

September 6, 2020

SEC to examine Rio Tinto whistleblower claims over Oyu Tolgoi

The U.S regulator has not yet decided to launch an investigation.

September 4, 2020

Pandemic to accelerate industry automation – report

Fitch predicts miners will explore options to shorten and simplify supply chains.

September 4, 2020

AI start-ups are tackling one of mining’s oldest problems

Artificial intelligence can now be used to predict when an ore mill is about to overload.

September 4, 2020

Freeport Indonesia expects sales jump after transition to underground mine

Sales of copper in 2021 are expected to jump to 1.4 billion lbs while gold sales are expected to increase to 1.4 million ounces.