January 23, 2018

France’s Areva rebrands to Orano in dire uranium market

French uranium mining group Areva closing the book on a years-long restructuring but still facing an uncertain future, with uranium prices at decade lows.

January 23, 2018

Russia to invest $250 million in uranium exploration, production in Argentina

Agreement includes Russia’s state nuclear agency Rosatom commitment to build a nuclear power station in the South American country.

January 23, 2018

Alrosa inks long-term diamond supply deals with 67 clients

Miner aims at selling around 40 million carats of diamonds in 2018 provided market conditions are favourable.

January 22, 2018

Aurubis buys Codelco’s shares in Deutsche Giessdraht

The parties have agreed not to release the transaction price.

January 22, 2018

Irish diamond miner to expand in Finland

Karelian Diamond Resources was granted a four-year exploration claim in the Kaavi region.

January 22, 2018

Gem Diamonds on a roll, now finds 149-carat rock

The 149-carat, D colour, Type IIa rough diamond is the fourth high quality stone of over 100 carats the company has recovered so far this year at its Letšeng mine.

January 21, 2018

Gold mine collapse in Uzbekistan kills one, about 20 trapped

A collapse at an abandoned gold mine in Uzbekistan has resulted in one death and roughly 20 trapped underground.

January 21, 2018

Lloyd’s of London to divest from coal over climate change

Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies.

January 19, 2018

2017’s worst-returning precious metal becomes hedge fund darling

After lagging behind other precious metals last year, platinum is finally outperforming, and hedge funds are taking notice.

January 19, 2018

Russia’s Polyus launches $250m bond offering

The offering is for senior unsecured guaranteed convertible bonds with maturity of January 2021, expected to carry a coupon of between .5 and 1 pct per annum.