Gemfields says rubies making headway in Chinese market
Rubies are becoming the favourite coloured stones among Chinese consumers, with about 61% of the population considering them a “desirable” item and about 55% buying rubies in the past year,…
Articles by Cecilia Jamasmie
De Beers to spend US$1B on Botswana mine expansion
De Beers, the world’s largest diamond producer by value, said on Wednesday it’s going ahead with a planned US$1 billion investment to extend the life of its flagship Jwaneng mine…
Norway approves deep sea mining in Arctic Ocean
Norway’s parliament approved on Tuesday commercial plans to open the Arctic Ocean to seabed mineral exploration, despite environmental groups and the fishing industry’s warnings that the move would risk the…
Avino gets community OK to develop La Preciosa silver mine
Canada’s Avino Silver & Gold Mines (TSX: ASM; NYSE; ASM) has signed a long-term land-use agreement with a local community surrounding La Preciosa mine in Durango, western Mexico. La Preciosa…
Alcoa to halt production at Kwinana refinery
Aluminum producer Alcoa (NYSE: AA) confirmed on Tuesday that it plans to stop production at its loss-making Kwinana refinery in Western Australia after more than 60 years of operation. The refinery will cease…
Lithium junior Kali Metals soars on ASX debut, defying market trend
Shares in lithium explorer Kali Metals (ASX: KM1) jumped as much as 86% on its first day of trading on the Australian Stock Exchange, following an initial public offering in…
First Quantum said to be in talks with Jiangxi over Zambian mines
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its flagship copper mine in Panama, is said to be in talks to sell a stake…
Core Lithium halts mining on ‘tough’ market conditions
Australia’s Core Lithium (ASX: CXO) has halted production at its Finniss operations and flagged a significant write-down on the value of its assets as the effect of the battery metal’s…
Omnia Metals expands footprint in Canada with Dixie buy
Australia’s Omnia Metals Group (ASX: OM1) is expanding its exploration footprint in Canada with the acquisition of local junior Dixie Gold (TSXV: DG). The deal hands the A$3.8-million market cap…
Barrick, Antofagasta to spend US$95M exploring for copper in Chile
Canada’s Barrick Gold (TSX: ABX; NYSE: GOLD) and Chilean miner Antofagasta (LSE: ANTO) have partnered up to explore for copper and other metals in the Alto del Carmen area of…
Top lithium miners eye partnerships with Chile’s government under new law
Some top lithium miners including China’s Tianqi Lithium Corp., South Korea’s LG Energy Solution and French critical mineral producer Eramet SA have met with Chilean government representatives in the past…
Ivanhoe ships first copper through Angola via railway
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said its first shipment of copper concentrate from its Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC) had arrived by rail to…