Category: Mining

Mountain Province’s Sales Improve

Figure up 18% year on year to $31.3 million in second quarter.

Alrosa Skids to Loss as Weak Diamond Demand Persists

Miner posts deficit of $129.7 million in first half.

Petra to Sell Finsch Mine After Failing to Find a Restart Option

Any money assets yield will go toward repaying creditors.

De Beers Still Has ‘More Than One’ Bidder, Anglo Says

Seller hopes to finalize deal by year’s end.

De Beers Trims Losses Amid Price Stabilization, Cost Cuts

Company sale “advancing,” says Anglo American.

Gemfields Revenue Skyrockets in First Half

High-quality emerald production offset weak grades at ruby mine.

Anglo American Mulling $1B De Beers Sale – Report

Gareth Penny-led consortium would pay $750 million up front, Bloomberg says.

Weak Market and Product Mix Dent Petra Revenue

Sales value down 24% in fourth quarter and flat for full year.

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