Diamond major Alrosa earned $8.91-million in revenue from the sale of special size diamonds – diamonds larger than 10.8 ct – at its second auction in Dubai, this year. Fifty-six companies from Belgium, India, Israel, the United Arab Emirates, the US, H…
Alrosa earns $8.91m in Dubai diamond auction Read More »
Private equity firm Orion Mine Finance has entered into an agreement to sell 90-million of the shares of Canadian miner Stornoway Diamond Corp that it held for investment purposes.
Orion will sell the shares at C$0.04 a share, netting C$3.6-million.
Orion Mine Finance sells portion of Stornoway shares Read More »
Following several quarters of declines, the Canadian Mining Eye index increased by 5% in the first quarter of 2019.
The index, which tracks the mining sector performance of 100 TSX- and TSX-V-listed midtier and junior companies with market capitalisat…
Positive start to the year for Canadian miners Read More »
The Florence copper project of Taseko Mines have delivered a first harvest of 3 700 lb of copper cathode and assayed at more than 99.9% copper, the TSX-listed company reported on Thursday.
The first harvest comprised 32 sheets at 117 lb each.
Taseko’s Florence produces 99.9% copper cathode Read More »
UK-based Sirius Minerals has inked a ten-year supply and distribution agreement with a European agribusiness group for the polyhalite – a form of potash used in fertilisers – that its Woodsmith mine, in north Yorkshire, will produce.
BayWa Agri Supply…
Sirius announces 10-year European distribution agreement Read More »
Kumba hands over Siyathemba youth centre, parks to community
And, Orion clinches potent new-style empowerment deal
Gold producer Polymetal said on Thursday that trading in its shares on the Astana International Exchange (AIX) had started, with a total of 1 690 440 shares, amounting to $17-million, having been placed.
"The results of the secondary sale have exc…
Polymetal lists on Astana exchange Read More »
Mining Weekly editor Martin Creamer unpacks this week’s headlines: Orion reawakening geological giant in Northern Cape, Load-shedding may cut growth close to zero and, World’s No. 1 gold complex is taking shape.
Orion, load-shedding, Barrick/Newmont JV make headlines Read More »
Russia-focused gold company Petropavlovsk remains on target to meet its sales guidance of 450 000 oz to 500 000 oz for 2019, with an increasing contribution from the processing refractory concentrates expected.
The company produced 422 300 oz of gold …
Petropavlovsk on target for 2019 guidance Read More »
AltX-listed alternative and renewable energy business Renergen has, ahead of its planned listing on the ASX in May, announced a further increase in reserves at its subsidiary Tetra4’s Virginia project, in South Africa’s Free State province. The company…
Renergen publishes prospectus for proposed ASX listing Read More »
