Category: Mining

Lucapa Sales Dip Due to Timing of Lulo Tender

Revenue down 43% in third quarter.

Weak Rough Prices Dent Petra Sales

Revenue down 4% in first fiscal quarter.

De Beers Output Slumps Amid Venetia Mine Transition

Production down 23% year on year in third quarter.

Rio Tinto Output Slows as Mine Dries Up

Company has ceased production at one underground pipe and portion of open pit.

Gem Diamonds Recovers 102ct. Rough from Letšeng

Stone is only second over 100 carats miner has unearthed this year.

Mountain Province Revenue Slides as Prices Fall

Miner also held back stock from sale due to challenging market.

Petra’s Rough Prices Slip at Early Tender

Like-for-like prices were 16% to 18% lower than at previous sale.

Lucapa Names Nick Selby Managing Director

Former operations head took over as interim CEO following Stephen Wetherall’s departure.

Gemfields Cancels Upcoming Emerald Auction

Miner cites lack of high-quality supply as reason for nixing sale.

Rough Sales for Ekati Mine Rise Despite Market Slowdown

Revenue for third quarter up 11% year on year so far, says owner Burgundy Diamond Mines.

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