Infomine

By Valentina Ruiz Leotaud Precious gemstones miner Gemfields denounced this week that there has been a significant influx of firearm-bearing illegal miners and handlers at its majority-controlled emerald bulk-sampling operations in southern Ethiopia. The 200-square-kilometre emerald exploration licence is owned by Web Gemstone Mining plc, an Ethiopian company in which Gemfields holds a 75 per […]

By Valentina Ruiz Leotaud A copper band found in Coastal Georgia revealed that ancient Native Americans engaged in extensive trade networks spanning far greater distances than what has been previously thought. Discovered by a group of anthropologists, the band is slightly wider than a bracelet. It was located alongside the cremated remains of at least

By Frik Els SQM this week sold its 50%-share in an Argentinian brine joint venture, leaving the world’s number two producer of lithium with a single project outside its core Chilean operations. The $12.8 billion Santiago based company can afford to let assets go – its pipeline is choc full already. Production startup for the

By Cecilia Jamasmie Precious gemstones miner Gemfields revealed Friday the Zambia’s Revenue Authority (ZRA) had served the company with two search warrants for its Kagem emerald mine, as part of a probe into alleged tax evasion. The two search warrants were served during an unannounced visit to Gemfield’s Kagem mine. During an unannounced visit on

By Cecilia Jamasmie Turkey’s move to hike tariffs on US imports this week threatens the country’s coal supply since a weakened lira will likely make the commodity a very expensive one, even as its price in US dollar terms declines, a report by Wood Mackenzie shows. According to the Scottish research and consultancy group, high

By Cecilia Jamasmie Baffinland Iron Mines Corporation submitted Thursday its final Environmental Impact Statement for the second phase of its Mary River Project, on north Baffin Island, to the Nunavut Impact Review Board (NIRB). Among other topics, the document proposes replacing the road connecting the mine to a port with a railway, to reduce dust

By Cecilia Jamasmie As electric vehicles (EV) adoption continues to rise, demand for lithium — a key ingredient in the rechargeable batteries that power electric cars as well as electronics — is shooting up, and juniors are racing to bring its projects online. But while most companies developing lithium mines are focused in Chile, Argentina,

By Cecilia Jamasmie Shares in Kaz Minerals (LON: KAZ) jumped Thursday after the copper miner declared its first dividend since 2012 and said it planned to expand its footprint in Russia, following the acquisition earlier this month of a project from Roman Abramovich, the owner of Chelsea soccer club. The Kazakhstan-focused company said it would

By Michael Allan McCrae A 59-year-old truck driver was killed this spring while attempting to scan his identity card and enter a sand dredge facility located in Texas. The United States Department of Labor and Mine Safety released a report earlier this week on how Manuel G. Rodriguez fell out of his truck and was

By Frik Els Copper managed to eke out small gains in after hours trade on Wednesday after falling by nearly 5% earlier in the day over concerns of a emerging market contagion from the currency crisis in Turkey and worries about the robustness of the Chinese economy. But late-breaking news that a strike had been