Petra defers another diamond tender amid weak demand
Petra Diamonds (LSE: PDL) has again postponed the sale of rough stones, holding on to the diamonds from its South African operations that would have been offered during the August/September…
Articles by Cecilia Jamasmie
Westgold-Karora merger creates top five Australian gold miner
Australia’s Westgold Resources (ASX: WGX) and Canada’s Karora Resources (TSX: KRR) completed their planned merger on Friday, creating a dual listed miner that sits among Australia’s top five producers. The combined…
BHP turns to mediation to avoid strike at Escondida
BHP (ASX: BHP; LSE: BHP; NYSE: BHP) plans to request the Chilean government mediate in talks with union leaders at Escondida to avert a strike at the operation, the world’s…
Liontown kicks off lithium production in Western Australia
Billionaire Gina Rinehart-backed Liontown Resources (ASX: LTR) has begun producing lithium at its flagship Kathleen Valley project in Western Australia. The first spodumene concentrate, the most common lithium containing hard rock, follows the…
Rio Tinto open to major acquisitions to meet copper goals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it would contemplate a significant copper acquisition if it added exceptional value, but noted that buying quality assets in…
BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Eldorado inks deal to earn 80% of Newfoundland project
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an option deal with TRU Precious Metals (TSX: TRU) to acquire a major stake in the junior’s Golden Rose gold-copper project, in…
Horizon Minerals to become Australia’s newest gold producer
Horizon Minerals (ASX: HRZ) is going ahead with development of the Boorara gold mine in Western Australia, located only 10 km east of Northern Star Resources’ Super Pit gold mine,…
BHP’s Spence copper mine in Chile now fully autonomous
BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) Spence copper mine in Chile has celebrated three months of being the company’s first fully autonomous operation, a status reached in April after…
Gemfields auction revenue falls as market softens
Coloured gemstones miner Gemfields (LSE: GEM; JSE: GML) fetched US$121 million in revenue from auctions in the six-month period to June 30, a 17% decline from a year ago as…
Australia rejects Rio Tinto unit’s uranium mine lease renewal
Decision ends a decades-long dispute over Jabikula, one of the world’s largest untapped deposits of high-grade uranium.
Sibanye delays results release as it recovers from cyberattack
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) will delay the release of its operating and financial results for the period ended June 30 after recent disruptions to its IT systems. On July…