Alrosa suspends Natural Diamond Council membership
The affected by sanctions Russian diamond miner said it was doing “everything” needed to mitigate the impacts of the conflict on its clients and partners.
Articles by Cecilia Jamasmie
Deep-South says Namibia Ministry misses deadline to defend licence refusal
Deep-South Resources (TSXV: DSM) seems to have has scored a win in its battle to renew the company’s prospecting licence for the Haib copper project in Namibia, after the country’s…
Perseus Mining becomes sole owner of Orca Gold in $198M deal
Australian gold producer Perseus Mining (TSX: PRU; ASX: PRU) is buying the shares it doesn’t already own in Africa-focused Orca Gold (TSXV: ORG) in an all-stock deal worth $198 million…
BHP invests $100M in South America-focused Filo Mining
BHP (NYSE: BHP; LSE: BHP; ASX: BHP), which has been expanding its copper footprint, will invest $100 million (US$79 million) in Filo Mining (TSX: FIL). The Canadian junior is developing…
Strong diamond demand boosts Lucara revenue, Petra sales
Petra Diamonds (LSE: PDL) and Lucara Diamond (TSX: LUC) added evidence today that the global market has returned to pre-pandemic levels after posting a sharp increase in sales and revenue…
Shares of Russia-focused miners collapse on Ukraine invasion
Shares in mining companies with operations in Russia were among the first to feel the impact of Moscow’s wide-ranging attack on Ukraine on Thursday, while oil topped US$105 a barrel…
Anglo American posts record profit, more than triples payout
Anglo American (LSE: AAL) joined a growing list of miners that have delivered record profits this week, with full year earnings of US$20.6 billion and a US$2.1-billion final dividend, on…
South32 completes Sierra Gorda stake buy
South32 (LSE: S32; ASX: S32; JSE: S32) has completed the acquisition of a 45% stake in the Sierra Gorda copper mine in Chile from Japan’s Sumitomo Metal Mining and Sumitomo…
Antofagasta profit, dividend hit records on soaring copper prices
Antofagasta (LSE: ANTO) saw profit surge to its highest ever last year on soaring copper and molybdenum prices, allowing it to pay the biggest dividend in the Chilean miner’s 134-year…
Brazil’s Minas Gerais state to sell stake in lithium miner
Brazil’s minerals and metals-rich state of Minas Gerais is looking to sell its 33.3% stake in Companhia Brasileira de Lítio (CBL), the country’s only producer of lithium carbonate and hydroxide. The state’s…
Hecla Mining silver reserves at second-highest level in 130 years
Silver producer Hecla Mining (NYSE: HL) said that its proven and probable reserves of the precious metal grew to 200 million ounces in 2021 — the second highest level in…
Barrick Gold near Pueblo Viejo tailings decision
Barrick Gold (TSX: ABX; NYSE: GOLD) is close to reaching an agreement with the government of the Dominican Republic on where to build a new tailings storage facility (TSF) for…