Kazatomprom uranium sales lag behind production
The world’s top uranium producer, Kazatomprom (LSE: KAP), reported a 10% increase in production in its first quarter results, while sales were down by more than a half compared to…
Russia and Central Asia
Barrick’s Mali mine feeds Russian war machine, advocacy group says
Barrick Gold (TSX: ABX; NYSE: GOLD) faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ties to Russia. The operator of the Loulo-Gounkoto…
Cameco shares drop on ‘disappointing’ first quarter loss
Cameco (TSX: CCO; NYSE: CCJ) shares fell 7% Tuesday after first quarter results showed net losses of $7 million. The uranium major’s adjusted net earnings fell 51% to $56 million, a…
MAC, Copper Mark team up to enhance transparency, credibility
The Mining Association of Canada (MAC) and The Copper Mark are collaborating on a pilot project seeking to enhance the assurance processes of both Towards Sustainable Mining (TSM) and the…
The Mine that Fell Asleep in the Goldfields awakens young minds
In the hardscrabble world of mining, where data is king and machinery reigns supreme, first-time author Catherine Lalut wields not a drill but a quill with the children’s book The…
Video: Wheaton Precious’s Smallwood on ‘most active deal-making year’
Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) is celebrating one of its most active deal-making years, clinching eight transactions with over US$1 billion in commitments over roughly the…
Technology becoming a hot commodity among miners, says law firm
The mining sector’s recent shift towards adopting technology to tackle rising costs is turning digital intellectual property into a valuable commodity in its own right, says global law firm White…
China’s clean-tech surge shakes markets and tests Western green resolve
Against China’s production boom, Western countries are trying to figure out how to build their clean-tech industries without being undercut by cheaper Chinese products. They’re stuck between wanting to secure…
Macquarie flags nickel deficit as Indonesian permit delays drag growth
The global nickel market risks a surprise deficit this year amid slowing processing timelines for new Indonesian nickel mine permits, the Macquarie Group said in a report Thursday. This bottleneck…
UK-based Getech, East Star partner up to explore for Kazakhstan copper
U.K.-based geospatial technology firm Getech (LSE: GTC) has announced a joint venture East Star Resources (LSE: EST) to pursue copper exploration opportunities in Kazakhstan. As part of the new joint…
Diamond producers warn of pitfalls in G7’s Russia gem ban
The World Federation of Diamond Bourses (WFDB) issued an open letter on Wednesday calling on the G7 nations and the European Union to rethink the potentially “irreparable” market outcomes of…
What to expect in 2024 after diamond sector’s price plunge
It’s been a tough ride for the diamonds sector since rough prices hit an all-time high in the first quarter of 2022. Last year rough prices fell 15-20% according to…