August 17, 2017

De Beers partners with Stanford Graduate School of Business to empower youth and entrepreneurs in southern Africa

De Beers Group today announced a US$3 million investment in a three-year partnership with Stanford Graduate School of Business (GSB) to empower young, aspiring entrepreneurs and established business owners in…

August 17, 2017

Gem Diamonds mulls sale of halted Botswana mine as half-year revenue falls

The miner said it remains cautious about the state of the global market for both rough and polished diamonds, noting that financing challenges persist.

August 16, 2017

Zinc prices hit decade-high on shrinking Chinese stockpiles

Metal traded above $3,000 per tonne on the LME for the first time since November 2007.

August 15, 2017

Strong rouble, one-off expenses hit Russia’s Nornickel’s H1 earnings

Russia's Norilsk Nickel reported a 3 percent fall in first-half core earnings on Tuesday, missing analysts' forecasts, due to a stronger rouble and a jump in social expenses.

August 15, 2017

Search for four missing workers trapped at Russia’s Alrosa mine fails

Water level makes it "too risky" for rescuers to try accesing area where miners were believed to be when the accident happened.

August 14, 2017

UK lithium start-up gets $1.3 million to build new mine in Cornwall

Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.

August 14, 2017

Alrosa to keep 2017 output target unchanged despite Mir accident

The world’s top diamond producer by output in carats still expects to produce about 39 million carats this year.

August 14, 2017

Stellar Diamonds extends sale of Guinea assets, refinances loan

The diamond miner decided to offload those units to focus on its Tongo-Tonguma project in Sierra Leone, which has the potential to generate earnings of $45 million a year.

August 13, 2017

Ancient coins show how empire shifted from Carthage to Rome

A study of Roman coins has shown how the defeat of Hannibal and the Carthaginian empire led to coinage spreading across the Roman Empire from silver mines in Spain.

August 11, 2017

Coal mine shuts down in Spain due to lack of clients

La Escondida was the last project of its type in the Castilla and León region