Rio Tinto sells last diamonds from iconic Argyle
Mining at Argyle, which accounted for 90% of worldwide pink diamond production, ended in November 2020.
News
Vital Metals buying rare earths properties from Quebec Precious Metals
Australian Vital Metals (ASX: VML) and Quebec Precious Metals (QPM) (TSXV: OPM; OTC: CJCFF) have signed a binding term sheet for Vital to acquire QPM’s 68% interest in the Kipawa…
Pilbara Minerals shares hit another high on first lithium sales
Pilbara Minerals (ASX: PLS) has reported the results of its first lithium spodumene concentrate auction held via its Battery Material Exchange, demonstrating strong demand for spot spodumene concentrates. The product…
Gran Colombia Announces Closing of Offering of US$300 Million
Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) has completed its previously announced offering of US$300 million in 6.875% senior unsecured notes that are due in 2026. South America-focussed Gran Colombia…
Expansion of Lucara’s Karowe mine to take longer and cost more
Canada’s Lucara Diamond (TSX: LUC) has adjusted the cost and timeline of the underground expansion of its Karowe mine in Botswana, one of the world’s most prolific sources of large, high value type IIA diamonds. The company now expects to achieve 75%…
Centerra’ financially strong’ three months following Kumtor nationalization
Centerra Gold (TSX: CG) remains “financially strong” with solid performance and a healthy outlook at its other operations three months following the Kyrgyzstan government’s seizure of the Kumtor mine, says…
Talisker reports drill results from Bralorne gold project
Talisker Resources (TSX: TSK; US-OTC: TSKFF) has reported very long mineralized intervals from drilling at its 100%-owned Bralorne gold project, where it is preparing an initial resource estimate due out…
Nutrien shares rise on upbeat FY21 earnings guidance, YTD performance
Nutrien’s (NYSE: NTR) shares are trading in the black on Tuesday after the company released strong June-quarter operating and financial results and guided for full-year earnings per share well above…
The Northern Miner Podcast – episode 251: Cameco blames Q2 loss on ‘oversupplied’ uranium market, but sees ‘better days ahead’
This week’s episode features Cameco’s Q2 conference call with CEO Tim Gitzel, who discusses the company’s ongoing challenges with low uranium prices. Despite optimistic forecasts for a uranium supply crunch,…
Canada’s first rare earth miner in trading halt on expansion rumours
Vital Metals is said to be in final talks to acquire two RREE projects in Quebec, one of which is considered to be the world’s fourth largest dysprosium deposit.
Aluminum, copper, zinc usage from solar energy sector expected to double by 2040 – report
A new report by Wood Mackenzie predicts that the usage of aluminum, copper, and zinc in the solar power sector will double by 2040, thus prompting an increase in demand. …
Feds give thumb’s down to Grassy Mountain met coal project
Following a rejection of the Grassy Mountain metallurgical coal project in Alberta from a joint review panel last month, Benga Mining has now received a second “no” – this one…