Lucara Diamond names new CEO, invests in digital sales platform

Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.

Cecilia Jamasmie | February 26, 2018 | 3:37 am

Endeavour on track to pour first gold from Ity mine next year

Firm said the $412-million construction project to upgrade the Ivory Coast-based gold mine remained on-time and on-budget.

Cecilia Jamasmie | February 23, 2018 | 11:08 am

Tahoe lost $18 million last quarter on Escobal mine reopening delays

Adjusted loss was $17.7 million, which dramatically contrast with the $18.4 million profit logged a year ago, which reflects the impact of the ongoing shutdown of its flagship Escobal silver mine, in Guatemala.

Cecilia Jamasmie | February 23, 2018 | 8:46 am

Rio to build power plant at Oyu Tolgoi copper-gold mine in Mongolia

Move would add further costs to an ongoing $5.3 billion underground expansion of the massive mine.

Cecilia Jamasmie | February 23, 2018 | 3:34 am

Global gold output to rise 5.5% in 2021 – report

Barrick to hike gold output as Newmont gets too close to being world’s top producer

Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.

Cecilia Jamasmie | February 22, 2018 | 9:03 am

De Beers diamond output to peak this year thanks to Gahcho Kue

The unit of Anglo American intends to mine as much as 36 million carats this year, up from 33.5 million in 2017.

Cecilia Jamasmie | February 22, 2018 | 4:45 am

Anglo American ‘shows off’ — doubles profits, halves debt, pays highest divvy in a decade

Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.

Cecilia Jamasmie | February 22, 2018 | 3:40 am

Canada still the world's top mining destination, despite Saskatchewan fall

Canada the world’s overall top mining destination, despite Saskatchewan fall

That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.

Cecilia Jamasmie | February 22, 2018 | 2:00 am

Cash-rich global miners eye India as coal sector opens up for private firms

India’s decision to allow private and foreign companies to bid for coal mines without any end-use or price restrictions is likely to lure foreign mining giants, currently swimming in cash.

Cecilia Jamasmie | February 21, 2018 | 10:10 am