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% share held by Dominion Diamond…
News
The Top 10 diamond stories of 2021
The diamond sector may be a volatile industry, as its dramatic ups and downs during the pandemic have demonstrated. But readers have remained interested in diamond news this year —…
Ivanhoe awards Kamoa direct-to-blister plant contract to China Nerin Engineering
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has awarded a 500,000 tonnes per annum direct-to-blister copper smelting plant contract for the Kamoa-Kakula Complex to China Nerin Engineering. The smelter will be…
Edumine: Understanding the mining industry
The dawn of a new commodity boom is on the horizon. Base metal prices are rallying and miners are on a global quest for metals to fuel the shift into…
Glencore to divest interest in Ernest Henry mine with sale to Australia’s Evolution Mining
Swiss commodity giant Glencore (LSE: GLEN) is selling its stake in the Ernest Henry copper-gold mine in Queensland, Australia to Evolution Mining (ASX: EVN) for A$1 billion ($916.5 million) in…
Newcrest’s growth strategy is Americas focused, not just in Canada
Australia-based Newcrest Mining (ASX: NCM; TSX: NCM; PNGX: NCM) is building critical mass in Canada with the second significant acquisition announced as the mining major sets its sights on organic…
Wolfden boosts resources at Pickett Mtn base metals project in Maine
Wolfden Resources (TSXV:WLF) has released new resource numbers for its Pickett Mountain base metal project in Penobscot Cty., Maine. Both indicated and inferred resources have been significantly increased by 22%…
Zijin Mining plans to produce copper at its Buritica gold mine
Zijin Mining, China’s No.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold…
Flooding disrupts Teck logistics
Canada’s largest diversified miner Teck Resources (TSX: TECK.A; TSX: TECK.B; NYSE: TECK), says the unprecedented rain and flooding in British Columbia has disrupted the supply chain between west coast terminals…
SolGold taps former BHP executive as new CEO
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) has named former BHP executive Darryl Cuzzubbo as the company’s new boss, as the junior works to improve relations between the board and its…
NorthWest Copper extends Kwanika high-grade zone
NorthWest Copper (TSXV: NWST; US-OTC: NWCCF) has released the latest results from five drill holes into the high-grade copper-gold porphyry deposit of the Kwanika project, further extending the high-grade core….
ScoZinc reports prefeasibility study for Scotia mine
ScoZinc Mining (TSXV: SZM) has released a prefeasibility study for its Scotia zinc-lead mine at Gays River, Nova Scotia. Using an 8% discount rate, the prefeasibility study gives the project…