June 15, 2017 Gemfields beats own ruby sales record at Singapore auction It sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record.
June 14, 2017 China’s Fosun spices up battle for Gemfields with 10% bid premium Gemfields, which mines for emeralds and amethysts in Zambia and for rubies in Mozambique, had already received a buyout offer from largest shareholder Pallinghurst Resources.
June 13, 2017 Rio Tinto’s Silvergrass iron ore mine to begin production by year-end The $338 million-project will take annual mine capacity from 5 to 10 million tonnes.
June 13, 2017 De Beers to host first auction for third-party exceptional polished diamonds Sellers and buyers of responsibly sourced, exceptional polished diamonds will be able to transact anonymously via the De Beers Auction Sales platform for the first time this month, when the…
June 13, 2017 Weir Group expands into Asia with Singapore firm acquisition Move seeks strengthening the firm’s position as energy markets recover.
June 12, 2017 K+S Bethune mine in Canada churns out first tonnes of potash The mine, which began operations last month, is expected to produce 600,000 to 700,000 tonnes of potash this year and 2 million tonnes per year once at full capacity.
June 12, 2017 Gem Diamonds finds two large rocks at flagship mine in Lesotho The last time Gem Diamonds had had made a significant discovery at its Letšeng mine before April this year was in 2015.
June 9, 2017 World’s first International Centre of Excellence on Coal Mine Methane opened in Poland The expert institution operating under the auspices of the United Nations Economic Commission for Europe will contribute to the development of new methods of capturing and use of methane as…
June 9, 2017 Greece to take Eldorado Gold to arbitration court over project Energy minister George Stathakis said the move aims to ensure the company respects its contractual obligations.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
