January 12, 2018

Alrosa buys stake in Angola’s largest diamond deposit for $70 million

Deal provides the diamond giant with access to a production base outside Russia.

January 12, 2018

First Majestic expands Mexico footprint with $320M Primero Mining acquisition

With the friendly takeover First Majestic gains Primero’s flagship asset, the San Dimas silver-gold mine, located in the state of Durango.

January 11, 2018

Botswana’s Okavango posts record diamond sales at $567 million

Company posted a 4 percent jump in sales to $567 million in 2017, the highest annual sales since its formation in 2013.

January 11, 2018

Alrosa 2017 sales fall to $4.3bn on lower average price for rough diamonds

Russian miner said the price decline for rough diamonds was due to the changed sales assortment resulting from an increased demand for small-sized rough rocks from India.

January 10, 2018

Russian competition watchdog investigates Alrosa gas assets sale

The Russian Federal Anti-Monopoly Service is investigating forthcoming sale of natural gas assets by producer Alrosa after a complaint from would-be buyer.

January 10, 2018

Bacanora seeks expansion of German lithium project with newly acquired exploration licence

The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.

January 10, 2018

Liberty House makes binding offer for Rio Tinto’s French aluminium smelter

Liberty House is the industrial arm of British steel tycoon Sanjeev Gupta's GFG Alliance and Rio's aluminium smelter in Dunkirk, France, is the largest in Europe.

January 10, 2018

Centamin jumps on better-than-expected gold output estimates

The Egypt-focused gold miner also expects solid growth this year. It’s targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.

January 9, 2018

Growth of European gold-backed ETFs outpaces U.S. funds in 2017 -WGC

Though North America contained more than half the amount of global exchange-traded fund holdings, European funds added the most to their gold-backed ETFs last year.

January 8, 2018

Gem Diamonds, Lucapa kick off 2018 with massive findings

The rival companies have unearthed three diamonds larger than 100 carats each.