September 20, 2017

Washington buys Dominion Diamond for $1.2bn as investors ok sale

Transaction gives the US-based buyer full ownership of Canada’s Ekati diamond mine and a 40% stake in Diavik, which is operated by Rio Tinto.

September 19, 2017

South Africa labour disputes drag Petra Diamonds shares down

Shares in the diamond miner fell for a second consecutive day after it warned that two of its South african mines had been affected by strikes.

September 19, 2017

Integra Resources to acquire Kinross Gold’s DeLamar gold-silver project

Conditional upon the completion of the Transaction, Integra will acquire 47 mining claims totaling approximately 238 hectares that form part of the Florida Mountain claims group, which are situated in…

September 18, 2017

McEwen shares drop after $40m stock offer

McEwen announces bought deal at deep discount to ruling share price to finance purchase of Ontario gold mine.

September 18, 2017

Canadian miners increase efforts to prevent child and forced labour in the supply chain

Initiative seeks contributing to global efforts in preventing the use of child and forced labour in the mining supply chain, and to providing information needed to demonstrate the responsible sourcing…

September 18, 2017

Petra Diamonds may breach debt covenants on troubles in Tanzania

The Africa-focused diamond miner said that would likely happen unless it solves its issues with the government of Tanzania.

September 18, 2017

Botswana seeks option to buy unusually big diamonds from its mines

Draft bill gives government first option to buy unusually large diamonds found in the country's mines, such as the world's second-biggest 1,109 carat diamond discovered by Lucara two years ago.

September 18, 2017

Kinross Gold to spend $1bn to expand Mauritania, Nevada mines

Projects aim at boosting output and lowering costs.

September 15, 2017

Mine acquisition grows production ‘at a fair price’

BMO Capital Markets explained the mine acquisition deal in British Columbia and its likely benefits for this precious metals miner.

September 15, 2017

Greece tries making peace with Eldorado, grants final permits for Olympias

While the company can now proceed with development of Olympias, is still awaiting permits for its Skouries project, the main bone of contention with Greek authorities.