UPDATE: One of only four 1,000 carat-plus diamonds ever found dug up in Botswana
Debswana Diamond, a joint venture between De Beers and the government of Botswana, has found a 1,098-carat stone, one of only four rocks over 1,000…
Africa
Ganfeng Lithium to buy 50% of Mali mine for $130 million
Ganfeng also wants at least half of Goulamina’s first-phase annual output, estimated in 455,000 tonnes of spodumene.
US markets down, June 7-11
The Dow Jones Industrial Average slipped 0.80% to finish the week at 34,479.60 and the S&P 500 dropped 0.41% to 4,247.44. Spot gold fell by US$14.20…
Zijin, Citic to buy copper from Ivanhoe’s Kamoa-Kakula mine
Canada’s Ivanhoe Mines (TSX: IVN) has inked deals with China’s Zijin Mining’s subsidiary and trader Citic Metal to sell each 50% of the copper production from…
Newcore shares surge on updated Enchi PEA
The Toronto-quoted shares of Canadian project developer Newcore Gold (TSXV: NCAU, US-OTC: NCAUF) surged nearly 15% this morning following an updated preliminary economic assessment (PEA)…
Castillo Copper raises A$11.7M for copper projects in Australia and Zambia
Castillo Copper (ASX: CCZ; LSE: CCZ) plans to drill its flagship Mt. Oxide project in Australia’s Mt. Isa copper belt and its Luanshya and Mkushi…
Near-term catalysts in the works for Newcore Gold as Enchi’s district-scale potential beckons
Recent drill results from Newcore Gold’s (TSXV: NCAU; OTCQX: NCAUF) Enchi project in Ghana underlines the company’s district-scale exploration opportunity in Africa’s top gold producing…
TSX up, May 24-28
The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and…
DRC concentrate export ban may tighten global copper, cobalt supply
The Democratic Republic of Congo has reinstated an export ban on copper and cobalt concentrates, but will allow mining companies that hold waivers to continue…
Danakali to use filtered sea water at Colluli potash mine
Australia’s Danakali (ASX: DNK; LSE:DNK) says filtered seawater is a reliable, unlimited and economic option to use in the sulphate of potash (SoP) production process…
Biggest copper project in decades begins production
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has begun producing copper concentrate at its Kamoa-Kakula project in the Democratic Republic of the Congo (DRC) months ahead…
With gold M&A heating up, could Orezone’s Bomboré project be ripe for the picking?
Construction of Bomboré is underway after Orezone secured a $189M finance package.