De Beers merges two auctions as diamond sales disappoint
It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same period of 2022.
Africa
Newcrest Mining agrees to reunite with gold giant Newmont
Newmont (NYSE: NGT; TSX: NEM) and Newcrest Mining (TSX: NCM; ASX: NCM) are getting back together after being separated for more than 30 years. Newcrest, which started as an Australian…
Lucara loses lustre as diamond production, sales disappoint
Lucara Diamond (TSX: LUC; BSE: LUC) has reported lower production and sales figures during the March quarter as mine sequencing and persisting soft market conditions weighed on the bottom line,…
Silver price surge set to continue on lower mine supplies, growing green demand
Global mined silver production has fallen 10% below the record highs of the past decade and underpins the recent price rally and potential further gains, new Bank of America analysis…
AngloGold to move primary listing, head office out of South Africa
AngloGold Ashanti (NYSE: AU; JSE: ANG; ASX: AGG) is transferring its primary listing to New York from the Johannesburg Stock Exchange (JSE), further cutting its ties to South Africa, the…
Indonesia emerges as a cobalt powerhouse amid surge in demand
Demand for cobalt is set to more than double by 2030 to 388,000 tonnes as the electric vehicle (EV) sector shifts into overdrive, says a new Benchmark Mineral Intelligence report….
RANKED: The world’s longest-lived battery metals mines under construction
With growing demand for battery metals including nickel, lithium and graphite, The Northern Miner has teamed up with our data provider Mining Intelligence to rank the top battery metals projects…
Fortuna Silver to buy West Africa-focused Chesser Resources for US$60M
Canadian miner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is expanding its footprint in West Africa with the acquisition of Australian gold junior Chesser Resources (ASX: CHZ) for slightly over…
Barrick on the hunt for new mines, not deals, CEO says
Barrick Gold’s (TSX: ABX; NYSE: GOLD) chief executive Mark Bristow says he is searching for more gold and copper assets to add to the company’s portfolio, but not necessarily through…
RANKED: Top 10 longest-life precious metals mines under construction
Precious metals, long treasured for their lustre, beauty, stability and value, have diverse applications ranging from industrial and automotive to jewelry and investing. Demand for key precious metals, encompassing gold,…
RANKED: Top 10 new copper projects by mine life
Demand for copper, an economic indicator in itself because of its widespread use in wiring and plumbing, is expected to vastly expand as the world transitions to greener energy to…
Nevada regains top spot as most attractive mining jurisdiction
The state of Nevada is once again the world’s top-ranked jurisdiction for mining and exploration after yielded the spot last year to Western Australia, the Fraser Institute’s 2022 annual survey of…