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 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 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...
The US Energy Department announced on Monday it was awarding orders totaling $2.7-billion to three companies to boost domestic uranium enrichment over the next ten years in a broader effort to reduce US dependence on Russian supply. American Centrifuge Operating,...
Indonesia’s mining ministry said miners could produce 25% of their proposed 2026 output in the first quarter while the government processes their annual production quota plans, local media Bisnis.com reported on Monday, citing a ministerial letter. All miners in...