Petra Diamonds mulls selling Tanzania’s Williamson mine
South Africa’s Petra Diamonds (LSE: PDL) is considering selling its Williamson mine in Tanzania, even as it continues to work on bringing the operation back online in the second half…
Europe
Robust metals price outlook softens in 2022 – reports
The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’ with a new Moody’s Investors Service report finding that despite most metals prices exceeding historical marks, that…
De Beers sales show steady rebound in diamond market
De Beers, the world’s largest diamond producer by value, said today that it had sold about US$515 million worth of rough diamonds during its latest event, making it the biggest sale…
LME launches digital sustainability passport for aluminum and other metals
The digital credential, known as the LMEpassport, stores electronic Certificates of Analysis (CoAs) or quality assurance documents based on a metal’s size, shape, purity and other characteristics.
The View from England: Burning lessons for mining
The ‘Burners’ amongst you will not need reminding that the Burning Man festival takes place in Nevada’s Black Rock Desert every year during the week leading up to the U.S….
Higher metal prices to push exploration budgets up in 2022, says S&P Global
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference….
Gem Diamonds sells Botswana unit for US$4 million
Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million. Okwa Diamond’s main target…
Volvo buys world’s first fossil-free steel
The first fossil-free steel in the world has been delivered by Swedish steelmaker SSAB Oxelösund to its first customer, Volvo Group. The product was manufactured in northern Sweden, using the…
BHP fired 48 workers in two years for sexual harassment
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) revealed this week that it has fired 48 employees since 2019 for sexual harassment at its remote fly-in, fly-out (FIFO) mines in Western…
SSR advances Ardich deposit near Copler gold mine towards first reserve estimate
Drilling at SSR Mining‘s (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) Ardich gold deposit in Turkey has returned strong results as the company plans an initial reserve estimate slated for next…
The View from England: Europe’s galactic mining goals
An asteroid is heading towards Earth, but it is good news for miners and Luxembourg stands ready to help. On August 11, NASA’s Planetary Defense Coordination Office provided an update…
Orvana stock tanks on El Valle rockfall
The Toronto-quoted equity of Orvana Minerals (TSX: ORV) lost nearly 16% in Monday trading following a rockfall at the legacy open-pit wall at El Valle, in Spain. The incident impacted…