Europe

Gem Diamonds finds from iconic Lesotho mine drop, shares slump

Company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.

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Ford says carmakers may need to invest in cobalt mines soon

Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.

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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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