Infomine

De Beers tracks first 100 diamonds through supply chain using blockchain

Anglo American’s De Beers said Thursday it had successfully tracked its first diamonds all the way from its mines to jewellery retailers using blockchain technology, in an effort to clear up the supply chain form synthetics and conflict stones. The world’s largest rough diamond producer by value, which began developing the tracking platform last year, […]

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Expansion of Canada’s first surface and underground diamond mine delayed

Information made public by the Canadian Broadcasting Corporation states that management at Dominion Diamond Mines is worried about the profitability of its Ekati mine, located in the Lac de Gras region of the Northwest Territories, approximately 300 kilometers northeast of Yellowknife. The CBC quotes an official who said that, given such concerns, construction of a

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Nutrien speeds up sale of $4bn-stake in Chilean lithium giant SQM

Canada’s Nutrien (TSX:NTR), the world’s largest potash miner, is closer than ever to completing the sale of its 32% stake in Chile’s Chemical and Mining Society (SQM), the world’s second largest lithium producer, and so fulfill a condition for the merger between Potash Corp. and Agrium, which created the company. “[The sale] is progressing well,”

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Shell sells stake in Canadian Natural Resources for $3.3 billion

Royal Dutch Shell (LON:RDSA) is selling its entire stake in Canadian Natural Resources (TSX:CNQ) for about $3.3 billion, as part of a planned exit from Canada’s oil sands sector. The Dutch giant, the world’s second largest publicly traded oil company, said it would use proceeds of the sale of almost 98 million shares — about

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Fura Gems finds giant emerald at historic Coscuez mine in Colombia

Canada-listed Fura Gems (TSX-V:FUR), a new gemstone mining and marketing company headed by the former COO of Gemfields (LON:GEM), has found a 25.97-carat rough emerald at its Coscuez emerald mine located in Boyacá, Colombia. The company says its a “rare and exceptional” emerald given its size, colour saturation and clarity. More to come… The post

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China lithium top player boosts investment in emerging Australian miner

Sichuan Yahua Industrial Group, one of China’s largest lithium hydroxide and carbonate producers, is injecting further funds into emerging Australian lithium producer Core Exploration (ASX:CXO) as Chinese companies continue to aggressively try securing supply of the key ingredient needed for making the batteries that power electric cars. Through its subsidiary Yahua International, Sichuan has given

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First ever Resources for Future Generations conference expected to attract upwards of 2,000 attendees

MINING.com editor Frik Els sat down with the chair of the upcoming Resources for Future Generations conference (RFG2018), John Thompson, to discuss trends in mining like responsible sourcing, as well as the conference’s drive towards educating consumers about resource issues. John Thompson is currently the Wold Family Professor in Environmental Balance for Human Sustainability at

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Alrosa to acquire one of the world’s largest diamond polishing firms

World’s top diamond producer by output Alrosa (MCX:ALRS), has got approval from its board to acquire Russian polisher Kristall, the country’s largest and one of the world’s biggest diamond cutting firms. Alrosa’s chief executive Sergei Ivanov has been asked to submit technical specifications for estimating the target’s price and so make an offer, Prime Business

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