Lucara recovers 549 carat white diamond
Lucara Diamond (TSX: LUC) has recovered a 549 carat diamond from its Karowe mine in Botswana. The mine — one of the world’s most prolific producers of large and high-value…
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Shares of lithium miners off to the races
Shares in lithium producers soared on Tuesday with the sector getting caught up in the investor enthusiasm for electric vehicle pioneer Tesla. Tesla’s stock value has doubled since December, and…
BHP to supply desalinated water to Escondida
BHP’s (NYSE: BHP; LON: BHP) Escondida copper mine in Chile, the world’s largest, will stop drawing fresh water from the Atacama salt flat, using instead desalinated water brought from its…
Private capital raised for mining falls to eight-year low
Fundraising for mining and metals investment slowed dramatically in 2019, falling to an eight-year low, according to a new report by private capital tracker Preqin. Only four unlisted funds closed…
The Northern Miner Podcast – episode 172: Hans Lundberg, pioneer of geophysics in Canada
This episode features the induction of the late Hans Lundberg to the Canadian Mining Hall of Fame. The ceremony took place at the Metro Convention Centre in Toronto on Jan….
Miners should adopt ‘next-generation’ values to battle reputation crisis, Anglo American boss says
Despite mining’s contribution to almost every aspect of modern life, the industry is still seen as one that takes more than it gives, which has brought it to the reputation…
Social investors and lower emissions to shape mining’s short-term future, Deloitte reports
The mining and metals sector is facing greater scrutiny from communities in host countries, consumers and society at large, demanding transparent, ethical supply chains, as well as a lower carbon…
Haywood bullish on uranium sector fundamentals
While uranium spot prices were down 14% in 2019, supply and demand fundamentals for uranium are the “most bullish in years,” and the sector “offers its most compelling value proposition…
Commentary: Five things to watch for in battery metals this year
In a January research note on battery raw materials, consultants Wood Mackenzie outlined the main themes to look for in 2020: The following is an edited version of the article….
Iron price falls on coronavirus
Benchmark iron ore prices fell on Jan. 29 as China — responsible for more than 70% of the world’s seaborne iron ore trade — struggles to control the deadly coronavirus…
China’s MMG suspends copper shipments from Las Bambas
Chinese miner MMG has once again halted copper shipments from its Las Bambas operation, one of Peru’s largest copper producers, following a road blockade by a local community protesting against…
Equinox-Leagold merger creates US$1.75B gold miner
Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC) said on Wednesday that shareholders of both companies have approved their merger, creating an America-focused gold miner with a market capitalization…