Mining News and Commentary

Firestone Diamonds output down on technical issue at Lesotho mine

The company, which operates the Liqhobong diamond mine in Lesotho, said it recovered 224,947 carats in the three months through December, down from 240,733 carats in the first quarter.

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Lithium Energy Products wants to buy fluorite operation in Utah

The mine is part of the assets the Vancouver-based miner is getting as part of its acquisition of all of American Strategic Minerals’ assets.

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Vale forced to halt operations at Brucutu, largest mine in Minas Gerais

Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Brazil’s second largest mine, behind Vale’s Carajás.

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Barrick, Reunion Gold to jointly go after key assets in South America

Strategic alliance expands Barrick’s exploration footprint in the Guiana Shield, a significantly under-explored region and one of the most prospective in the world for large scale gold discoveries.

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Vedanta says Anglo American stake buy meets Gov’t criteria

Shares in the company lost a fifth of their value on Friday as investors were sceptical of its foreign subsidiary Cairn India Holdings’ $200 million investment in the diversified miner.

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