Rich mineral deposits must be accessible before they can be properly developed. In some cases that means building large-scale and expensive road and power networks across the vastness of Canada….
Africa-focused miner Gem Diamonds (LSE: GEMD) has found yet another big precious stone at its prolific Letšeng mine in Lesotho, the third greater than 100-carat diamond mined in September. The…
Years ago, I noticed a plaque hanging on the wall in a private equity group in London’s Mayfair that read: “The Roman Empire wasn’t built by holding committee meetings; it…
Since early 2022, the price of polished natural diamonds has fallen roughly 40%. The industry is being buffeted by negative economic headwinds, an excess of mine supply and too much…
Australia’s Winsome Resources (ASX: WR1) has bought itself an extra three months to decide whether it will acquire the Renard diamond mine and plant in northern Quebec, paying $2 million…
Lucapa Diamond (ASX: LOM) announced Monday the recovery of the fifth stone larger than 100 carats found this year, a 176-carat Type IIa diamond from the Lulo alluvial mine in…
Star Diamond (TSE: DIAM) has upped resources at its Star-Orion South diamond project in Saskatchewan, after former joint venture partner Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) returned its…
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE: AAL) and become the world’s…
Jonathan Goodman has had it with rosy economic studies from junior miners that fail to live up to expectations. “Have you ever seen a feasibility study or a pre-feasibility study…
Tough economic conditions in China and India cut rough diamond sales by De Beers by 80% from a year ago as the company continued to keep stones off the market,…
GeologicAI, a Canadian tech company with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) as a client and the backing of the Bill Gates-funded Breakthrough Energy Ventures, is part of a…
Lucara Diamond (TSX: LUC) announced Monday the company will appoint William Lamb as president and chief executive officer and a director, replacing Eira Thomas. Thomas co-founded Lucara in 2007, with…
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