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Category: Mining
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Mining
Lucapa Unearths 176ct. Rough from Lulo Mine
Stone is fifth over 100 carats this year, and eighth-largest from deposit.
July 30, 2024
Leah Meirovich
Mining
Weak Rough Prices Hit Ekati Sales
Lower volume also affected revenue.
July 29, 2024
Suzanne Watkin
Mining
Weak Demand Drives Down Mountain Province Revenue
Average price falls 39% to $74 per carat in second quarter.
July 28, 2024
Leah Meirovich
Mining
De Beers Slashes Production Outlook
First-half sales and profit drop amid weak diamond market.
July 25, 2024
Joshua Freedman
Mining
De Beers Sells Iron-Ore Royalty for Up to $150M
Offloading of Australian deposit is part of effort to streamline business.
July 22, 2024
Joshua Freedman
Mining
De Beers Ponders Production Cut Amid Inventory Glut
Move will help miner better manage working capital and preserve cash in weak market, it said.
July 18, 2024
Leah Meirovich
Mining
Grizzly Banks $32.5M from Latest Emerald Auction
94% of lots offered at Dubai sale found buyers.
July 17, 2024
Suzanne Watkin
Mining
Petra’s Sales Improve Amid Increase in Rough Offered
Ramp-up at Williamson mine and postponement of earlier tender boosted availability of goods.
July 17, 2024
Leah Meirovich
Mining
Temporary Shutdown Dents Rio Tinto Output
Miner paused production after workers died in plane crash.
July 16, 2024
Leah Meirovich
Mining
Star Diamond Buys Buffalo Hills Diamond Project
Miner pays $804,000 in stock to acquire 50% share it didn't already own.
July 16, 2024
Suzanne Watkin
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Featured
Small-Diamond Recovery Accelerates in June
0.30 ct. RAPI up 4.2%, a bigger gain than in May.
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