Canada-based miner Lucara Diamond Corp has recovered a 123 ct gem-quality top white Type II diamond at its Karowe mine, in Botswana. The diamond was recovered from direct milling ore sourced from the eastern magmatic/pyroclastic kimberlite (EM/PK(S)) u…
Lucara recovers 123 ct diamond Read More »
JSE-listed Merafe Resources on Wednesday advised shareholders that the European benchmark ferrochrome price for the fourth quarter had been settled at $1.02/lb. This represents a decrease of 1.9% on the price of $1.04/lb set for the third quarter of th…
Ferrochrome price set for marginal decline in fourth quarter Read More »
The shareholders of TSX-V-listed Golden Arrow have voted in favour of selling the company’s 25% interest in Puna Operation, Argentina, to joint venture partner SSR Mining for C$44.4-million.
Of the votes cast by proxy with respect to the transaction,…
Golden Arrow shareholders back sale of Puna Operations Read More »
The hydrogen economy could happen; And, Master Drilling remains focused on regional growth strategy
African construction materials and industrial minerals supplier Afrimat expects its earnings per share (EPS) for the six months to August 31 to increase by between 80% and 100% to between 168.5c and 187.2c, compared with the EPS of 93.6c reported for t…
Afrimat’s interim earnings to increase Read More »
JSE- and BSX-listed Gemfields expects to report a net profit of $12.4-million for the six months ended June 30, compared with the net profit of $16-million achieved in the six months ended June 30, 2018. Earnings a share and headline earnings a share f…
Gemfields to report lower interim profit Read More »
Global gold major Barrick on Tuesday reported a new discovery hole about 2 km from the best-ever drilling intercept at its Fourmile project, in Nevada, and said this pointed to the delivery of at least one more Tier 1 mine through the combination of Fo…
Barrick says new discovery points to another Tier 1 Nevada mine Read More »
Russian diamond miner Alrosa is considering the acquisition of Russia’s largest producer and exporter of polished diamonds, Kristall, which is valued at 1.89-billion ruble.
Kristall processes more than 200 000 ct/y of rough diamonds, with 90% of diamo…
Alrosa mulls acquisition of diamond factory Read More »
Dual-listed Bluejay Mining has formally lodged its exploitation licence application for the Dundas ilmenite project with the mineral licence and safety authority of Greenland. The exploitation licence covers the onshore portion of Dundas and once appro…
Bluejay lodges exploitation application for Dundas Read More »
Investment firm Waterton Global Resource Management has announced the receipt of the environment impact statement for its Gemfield project, near Las Vegas, Nevada, making the project one of only a handful of fully permitted, shovel-ready gold mines in …
Waterton plans new US gold mine Read More »
