Infomine

Wall Street is aghast at Elon Musk’s dismissive attitude toward analysts’ probing following a quarter of record (but less than expected) losses for Tesla, but the electric vehicle maker did provide some answers to questions that’s been vexing the mining industry. Benchmark Mineral Intelligence, a provider of price information and research on battery supply chains, […]

Australia’s Lucapa Diamond (ASX:LOM) has discovered yet another large diamond at its prolific Lulo mine in Angola — a 46-carat pink stone, the largest coloured gem-quality rock ever recovered there. The company said the gem-quality coloured diamond eclipsed both the 43-carat yellow gem found in January and the almost 39-carat pink dug up in September

Yamana Gold (TSX:YRI)(NYSE:AUY) announced today that gold production exceeded its plan for the first quarter of 2018. In a media statement, management detailed that gold equivalent ounce production from Yamana mines for the first quarter was 211,246, including 199,555 ounces of gold and 899,261 ounces of silver. Total attributable gold production was 248,088 ounces of

Mining giant Rio Tinto (ASX, LON, NYSE: RIO) plans to double its fleet of autonomous production drill rigs this year at its iron ore mines in the Pilbara region of Western Australia, where driverless trucks already haul over a quarter of both ore and waste material. Four additional drills, retrofitted with autonomous drilling system technology,

South African gold producers are expected to sing this week a settlement in a lawsuit over fatal lung disease and tuberculosis miners contracted while working for them, ending this way the country’s largest ever class action against mining companies. Speaking to Reuters, lawyer Richard Spoor, who represents about half a million workers and their families,

Canada’s StrikePoint Gold (TSX-V: SKP) (OTCQB: STKXF) said Wednesday it has agreed to buy fellow junior Skeena Resources’ (TSX-V: SKE) historic Porter Idaho silver property located near Stewart, in British Columbia’s prolific Golden Triangle. As part of the deal, Skeena will receive Cdn$1.75 million in cash plus another Cdn$1.75 million in StrikePoint common shares at

Chaarat Gold Holdings (LON:CGH) disclosed Tuesday its unsolicited bid for Centerra Gold’s (TSX:CG) Kumtor mine in Kyrgyzstan valued the operation, the Asian country’s largest gold mine, at $800 million (about Cdn $1.025 billion at today’s exchange rate). The miner, which is developing the Chaarat project in Kyrgyzstan, said the proposed acquisition of Kumtor included $400

Supply constraints affecting cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars, could slow production rates of such power storage units in the near term, Moody’s Investors Service has warned. “Declining ore grades for copper, continued lack of investment in new mines and the time required to bring new

Botswana Diamonds (LON:BOD) is expanding its operations from its base country to neighbouring Zimbabwe by teaming up with Vast Resources (LON:VAST) to jointly explore for diamonds in that country. The memorandum of understanding signed Tuesday sees the two companies exchanging past exploration information on areas prospective for diamonds in Zimbabwe. It also says the parties