Rio Tinto and Star Diamond make peace
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and Canadian junior Star Diamond (TSX: DIAM) have reached an agreement to end a long drawn out…
Rio Tinto
Turquoise Hill okays Oyu Tolgoi US$75M bridging budget
Turquoise Hill Resources (TSX, NYSE: TRQ) has approved a bridging budget of US$75 million that allows the parties involved in the vast Oyu Tolgoi copper-gold mine…
Six Canadian-listed diamond companies poised to prosper as market recovers
Whether they’re producers, developers or explorers, Canadian-listed diamond companies are a tough lot. Those that have survived the disruptions of the pandemic — and the…
Rio Tinto CEO, Mongolian PM talk Oyu Tolgoi’s future
Rio Tinto (ASX, LON, NYSE: RIO) CEO Jakob Stausholm met this week with Mongolia’s Prime Minister Luvsannamsrain Oyun-Erdene in the hope of ironing out issues…
Rio Tinto now the sole owner of the Diavik diamond mine
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is now the sole owner of the iconic Diavik diamond mine in Canada’s Northwest Territories after buying the 40%…
Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap…
President Pedro Castillo supports Bear Creek Mining’s Corani project in Peru
Shares of Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) surged on news that Peru’s new president, Pedro Castillo, and representatives of local communities, support the…
Alrosa says global diamond sector “fully recovered” from pandemic hit
Alrosa, the world’s top diamond miner by output, says the industry has “fully recovered” from the Covid-19 pandemic as a structural production decline paired with…
World’s largest miners commit to net zero emissions by 2050
A group of the world’s biggest mining companies have pledged to reach net zero greenhouse gas emissions by 2050 or sooner, in line with the…
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…
Azimut’s Patwon appears to be widening at depth
Quebec-focused project generator Azimut Exploration (TSXV: AZM) expects the mineralized intrusion underpinning the Patwon discovery of 2019 to widen and increase in grade at depth,…
Rio Tinto hit with fresh tax bill in Australia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has been hit with a A$379 million (US$277.7 million) bill as part of an ongoing dispute with the…