July 11, 2016 Russia gets $813m for stake in diamond company Alrosa The sum obtained after selling 10.9% of the state-controlled diamond producer will be used to cut budget deficit, the government said.
July 8, 2016 China, Russia mull setting joint gold mining fund The new investment fund would focus on financing gold mining projects in eastern Russia.
July 8, 2016 Deutsche Bank ditches coal investments The German banking giant is the last lender to pull back from the embattled coal sector.
July 8, 2016 BHP Billiton’s Olympic Dam set to reach highest copper production in a decade Red metal production at the copper-uranium mine is expected to hit around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.
July 7, 2016 Alpha Natural Resources, Arch Coal near bankruptcy exit deals Alpha, which filed for bankruptcy in August last year, is scheduled to ask a federal judge Thursday to approve its exit plan despite objections to it.
July 7, 2016 De Beers Canada moves from Toronto to Calgary The move comes as the company readies to open what it calls the world’s biggest diamond mine currently under construction.
July 7, 2016 Argentina to support local uranium production — report U3O8 Corp., a Canadian-based company focused on the development of deposits of uranium and associated commodities, reports on significant developments in nuclear energy in the South American country.
July 6, 2016 Dominion Diamond to go ahead with Ekati mine expansion Developing the Jay pipe will help keeping the mine in production until 2033.
July 6, 2016 Chinese fund eyes Glencore gold mine in Kazakhstan China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.
July 6, 2016 Gold hits fresh two-year high as UBS declares the start of new bull run Analysts say the metal likely to reach $1,400 shortly and settle in the second half of this year, averaging $1,340 an ounce.
Australia’s Iluka flags impairment of minerals sands unit The non-cash impairment charge for the segment is expected to be around A$350 million. January 28, 2026 | 03:14 pm
