De Beers sells first traceable diamonds under GemFair
Anglo American’s De Beers, the world’s largest rough diamond producer by value, has sold the first roughs produced under the GemFair program, aimed at removing conflict diamonds from the market…
Articles by Cecilia Jamasmie
Newmont axes gold output targets at Boddington in Australia
Revision comes as a result of several challenges during commissioning the mine’s first Autonomous Haulage System (AHS) fleet.
BHP inks nickel supply deal with Toyota-Panasonic battery venture
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has inked a deal to supply nickel sulphate from Western Australia to a battery-making joint venture between Toyota Motor and Panasonic called Prime…
Lithium-ion battery recycling market to reach US$31B per year by 2040 — report
In a new report, IDTechEx forecasts that by 2040, the global lithium-ion battery recycling market will be worth US$31 billion annually. According to the market analyst, China is already the…
BHP opens Australia’s first nickel sulphate plant
BHP (NYSE: BHP; LSE: BHP; LSE: BHP) announced that it has produced the first nickel sulphate crystals from its plant in Kwinana, outside Perth in Australia, part of the miner’s…
Endeavour Mining outlines ambitious five-year exploration plan
Endeavour Mining (TSX: EDV; LSE: EDV), West Africa’s top gold producer, has unveiled an ambitious five-year plan to add between 15 and 20 million indicated ounces of gold through exploration over the next five years. The company, which began trading in London in June,…
Albemarle to buy Chinese lithium firm for US$200 million
Albemarle (NYSE: ALB), the world’s top lithium producer, says it will buy China-based Guangxi Tianyuan New Energy Materials for about US$200 million, as part of its plans to boost lithium conversion capacity. …
Rio Tinto disputes report saying mismanagement caused Oyu Tolgoi’s woes
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is challenging the findings of an independent review into US$1.4 billion in cost overruns and delays at the Oyu Tolgoi mine in Mongolia, restating the project’s…
McEwen Copper provides update on Los Azules in Argentina
The McEwen Copper division, 81% owned by McEwen Mining (TSX: MUX; NYSE: MUX) is advancing work on the Los Azules project in Argentina’s San Juan province, having closed the first…
Anglo Asian Mining grows copper footprint in Azerbaijan
Anglo Asian Mining (LSE: AAZ), Azerbaijan’s leading gold mining company, has been awarded three new copper concessions in the country, which the company thinks could turn it into a mid-tier copper-gold producer. The miner said it is evaluating how…
Agnico Eagle, Kirkland Lake create new gold giant in US$10B merger
The combined company, the gold industry’s highest-quality senior producer, will have 48 million ounces of the metal in reserves.
Peru minister says US$1.4B Tia Maria mine a “no go”
Peru’s economy and finance minister has cast further doubt about Southern Copper’s (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed mine in the southern Islay…