Infomine

By Cecilia Jamasmie Spence Diamonds doesn’t believe that mined stones are a “superior choice” for all consumers. Their approach is to provide customers with the best possible educational and shopping experience, including all options that may be appropriate for them. (Image courtesy of Spence Diamonds.) Lab-grown diamonds, made for decades as an inexpensive alternative to […]

By Cecilia Jamasmie China’s No.1 lithium producer Tianqi has won a favourable court ruling in Chile that paves the way for the company to become the second-largest shareholder in Sociedad Química y Minera de Chile (SQM), the world’s second largest producer of the metal used in electric-vehicle batteries. Chile’s antitrust court signed off Thursday on

By Cecilia Jamasmie Despite calls for increased transparency along the cobalt supply chain to avoid alleged human rights violations in the Democratic Republic of Congo, the activity continues to escalate, with as many as 100,000 diggers, sorters and washers believed to be involved in the trade. Cobalt, a by-product of copper or nickel, is used

By Cecilia Jamasmie Vale (NYSE:VALE), the world’s No.1 iron ore miner, is set to approve a $1 billion expansion of its vast Salobo copper-gold mine, located in Carajás, Brazil, later this month, according to people with knowledge of the matter. The project — known as the Salobo 3 — is expected to take about three

By Cecilia Jamasmie Shares in Australian explorer Anson Resources (ASX:ASN) went ballistic on Wednesday after it announced it had produced its first lithium hydroxide product from its Paradox project in Utah, United States. The product, said Perth-based company, was manufactured during precipitation test work carried out by Lilac Solutions on a 1,000-litre bulk sample extracted

By Cecilia Jamasmie Samarco, BHP and Vale’s joint venture in Brazil, has reached a final compensation deal with local prosecutors over the 2015 collapse of a dam, which killed 19 people and became the country’s worst ever environmental disaster. The definitive agreement comes almost three years after the deadly incident that has already cost Samarco

By Amanda Stutt The newest ‘stars’ of the Arctic have been unveiled at the Diavik diamond mine in Canada’s Northwest Territories. Rio Tinto and JV partner Dominion Diamond Mines have revealed three of the finest large rough diamonds from their Canadian diamond mine. Collectively known as The Diavik Stars of the Arctic, the three rough

By Michael Allan McCrae The Century Zinc Mine, which was officially re-opended last month, made revenue of A$27.2M from zinc concentrate sales in September. A$9.8M was earned from production of 7,000t of zinc concentrate to date and A$17.4M from the forward sale of 13,000t of October production. Century says its first concentrate shipment to China

By Cecilia Jamasmie South Africa’s mining industry faced a series of challenges in the first half of this year as precious metals did not emerge from the lows hit in 2016, but rather continued to struggle, PricewaterhouseCoopers said on Tuesday. Despite the negative effect of gold and platinum prices ups and downs, capital expenditure (capex)

By Cecilia Jamasmie Rare earths producer Lynas Corporation (ASX:LYC) is asking Malaysia to clarify whether a review will be conducted into the company’s refinery as speculated in local media in recent weeks. In an open letter seeking information and fair treatment from the Asian nation, chief executive and managing director, Amanda Lacaze, said Tuesday that