De Beers’ diamond sales plunge on slow Asian demand, restricted supply
Tough economic conditions in China and India cut rough diamond sales by De Beers by 80% from a year ago as the company continued to keep stones off the market,…
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Happy Creek gets permit to expand drilling at Fox tungsten project in BC
Happy Creek Minerals (TSXV: HPY) has received an amended exploration permit for its Fox tungsten project in south-central British Columbia, allowing for more drilling, trenching and trail construction through late…
Nominations open for 2024 Peter Munk and Eira Thomas awards
Young Mining Professionals (YMP), in partnership with The Northern Miner, is pleased to announce that the nominations for the Young Mining Professional of the Year Awards (YMP Awards) are now…
Hudbay to release more realistic Copper Mountain plan
Hudbay Minerals (TSX: HBM; NYSE: HB) plans to publish a new technical report and mine plan for its recently acquired Copper Mountain mine in B.C. that will pull back overly…
Jiangxi Copper boosts First Quantum stake on Cobre Panama hit
China’s Jiangxi Copper, First Quantum Minerals‘ (TSX: FM) largest shareholder, has increased its stake in the Canadian miner, which is still reeling from the heavy losses caused by uncertainty regarding…
Kinross Gold shares rise on Q3 earnings surge
Kinross Gold (TSX: K, NYSE: KGC) shares rose more than 5% on Thursday morning session after the Canadian miner reported strong earnings for the third quarter of 2023. Kinross recorded…
NexGen Rook I uranium project wins Saskatchewan OK
Saskatchewan granted NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) environmental approval for its Rook I uranium project in the province’s far north, the first such authorization in two decades,…
Neo Energy Metals falls in London debut despite strong uranium market
Uranium explorer and developer Neo Energy Metals (LSE: NEO) marked its first day on the London Stock Exchange on Thursday, with the stock down 18% in early morning trading. The…
Piedmont posts first revenue and profit as lithium prices slide
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) recorded its first revenues, generated from its 25%-owned North American Lithium mine in Quebec, during the third quarter. At the same time, lithium spot…
Atlas Lithium raises US$20M from investors led by former Allkem chairman
Brazil-focused Atlas Lithium (NASDAQ: ATLX) has landed US$20 million from a group of lithium investors led by Martin Rowley, the former chairman of lithium powerhouse Allkem (TSX: AKE; ASX: AKE),…
Rio Tinto, Codelco partner up to find more copper in Chile
Mining giant Rio Tinto (ASX: RIO; LSE: RIO) and Chilean state copper miner Codelco created on Wednesday the Nuevo Cobre (New Copper) joint venture to explore and potentially develop the…
Lucapa finds Angola mine’s second-largest diamond
Australia’s Lucapa Diamond (ASX: LOM) has unearthed a 235-carat type IIa diamond from its prolific Lulo mine, the second-largest recovered at the Angola operation since it opened in 2015. The find comes barely a…