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Lucara reaffirms Karowe extended mine life

Lucara reaffirms Karowe extended mine life

Canadian miner Lucara Diamond Corporation finds in an updated technical report that the underground project at its Karowe diamond mine, in Botswana, has the potential to recover 4.5-million carats over a ten-year mine life. The company set out to update the...
MinRex, Electrum to merge

MinRex, Electrum to merge

MinRex Resources has entered into a definitive arrangement agreement with TSX-V-listed Electrum Discovery to acquire 100% of its issued and outstanding shares through a statutory plan of arrangement under the Business Corporations Act of British Columbia (BCBCA). The...
Copper surges to fresh record

Copper surges to fresh record

Copper extended a powerful rally after bursting through $13 000 a ton for the first time, as traders and investors bet on a tighter global market. Three-month futures surged as much as 2% to a record above $13 253 a ton in London on Tuesday, surpassing the peak set on...