Karelian spots Victorian-era copper target in N. Ireland
Karelian Diamond Resources (LSE-A: KDR) says it has identified a “significant new copper target” within the recently awarded KDR4 licence area in Northern Ireland. The…
Diamond
Karelian clears hurdle for EU’s first diamond mine
Karelian Diamond Resources (LSE: KDR) has registered its Lahtojoki mining concession in the Finnish land registry, advancing its plan to develop what could become the…
Resigning Rio CEO asserts company unity
Rio Tinto’s (NYSE, LSE, ASX: RIO) departing CEO Jakob Stausholm says he hasn’t fallen out with chairman Dominic Barton despite Reuters citing unnamed company officials to…
Diamond mining industry cracks under pressure
The global diamond industry is rapidly collapsing, with plunging revenues, halted operations, and doubts about its relevance.
Shock exit: Rio Tinto CEO Stausholm to step down
Rio Tinto (ASX, LSE: RIO) announced on Thursday the unexpected exit of CEO Jakob Stausholm later this year, ending a nearly five-year tenure marked by…
Canada’s mineral output value fell in 2023, report finds
The economy of the future depends on minerals and metals from Canada, MAC asserts.
Rare 10-carat blue diamond could fetch $20M
A rare 10-carat blue fancy diamond could fetch up to $20 million (C$27.8 million) when it goes before bidders in Geneva on May 13, auction…
Gemfields to resume emerald mining in Zambia
Coloured precious stones miner Gemfields (LSE: GEM; JSE: GML) is to resume open-pit mining at its 75%-owned Kagem emerald mine in Zambia, ending a four-month…
Rio Tinto’s Diavik mine wins award for solar plant
Rio Tinto said its Diavik diamond mine in Canada’s Northwest Territories won an environmental award for its 3.5-megawatt solar power plant – about a year…
Petra Diamonds delays sale amid US tariffs uncertainty
Africa-focused Petra Diamonds (LSE: PDL) has postponed a scheduled sale of about 200,000 carats of diamonds from its Cullinan mine in South Africa, citing uncertainty…
Rare yellow diamond found at Rio Tinto’s Diavik mine
Rio Tinto (NYSE, ASX, LSE: RIO) has unearthed a 158.20-carat gem-quality yellow diamond at its Diavik mine in the Northwest Territories. The precious rock is…
Tariffs, uncertainty, driving nations to tighten grip on critical minerals
Verisk Maplecroft’s Resource Nationalism Index shows a record risk increase in 47 countries since 2020.