The sale of diamonds through tenders and auctions is opaque and inefficient and should be revamped for producers to earn more and to survive the current price slump, a leading gem trader said on Thursday. Oded Mansori, co-founder and managing partner of Belgian gem...
The proposed merger of Teck Resources and Anglo American is drawing opposition from Indigenous leaders in British Columbia, who warn the deal cannot go ahead without consultation. The Osoyoos Indian Band said Thursday that the transaction risked repeating a long...
Canada’s Surge Copper said on Thursday it had closed a C$4.5-million private placement with African Rainbow Minerals (ARM), boosting the South African mining group’s stake in the company to 19.9%. ARM purchased 25.8-million common shares at C$0.175 each, Surge said....
Independent Queensland coal miner QCoal has begun consultation with workers at the Cook Colliery, near Blackwater in the Bowen basin, after flagging the potential closure of one of the mine’s two underground units. The colliery, operated by contractor Core Crew on...
Just ten years ago, the coal industry was one of Ukraine’s largest industries. However, with the beginning of Russia’s armed aggression against Ukraine in 2014, the decay of mining towns in temporarily-occupied territories, accumulating industry debts, and the...
