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Burgundy abandons Ellendale plans
By: Esmarie Iannucci 20th March 2023 ASX-listed Burgundy Diamond Mines has abandoned its plans to acquire the Ellendale and Blina diamond projects, in Western Australia, from fellow listed Gibb River Diamonds. Burgundy in 2021 struck a two-year option agreement with Gibb River Diamonds to earn full ownership of the project for... →
On-The-Air (17/03/2023) 
By: Martin Creamer 17th March 2023 This week Martin Creamer discusses base metals, exploration and solar power. →
Copper Mountain appoints new president and CEO
By: Creamer Media Reporter 17th March 2023 Toronto-listed Copper Mountain Mining has appointed Patrick Merrin as president and CEO with effect from April 24. Merrin has extensive experience in the mining industry including ten years of senior executive operational and technical experience. →
“Building Trust to Decarbonize the World” The 2023 CIM Convention + Expo
17th March 2023 Keynote and Plenaries unveiled Early-bird registration for the CIM Convention + EXPO 2023 (April 30 to May 3, Montreal) will end midnight, March 25. →
Can SA address deficiencies in securing global exploration spend?
By: Tasneem Bulbulia 17th March 2023 Although global exploration spend in mining is increasing, South Africa, despite boasting a plethora of mineral resources, is not capitalising on this, especially compared with similarly mineral-rich African countries. However, if constraints are addressed and certain avenues explored, the... →
Can SA address deficiencies in securing global exploration spend?
By: Tasneem Bulbulia 17th March 2023 Although global exploration spend in mining is increasing, South Africa, despite boasting a plethora of mineral resources, is not capitalising on this, especially compared with similarly mineral-rich African countries. However, if constraints are addressed and certain avenues explored, the... →
Gem delivers solid financial, operational performance despite challenges
By: Tasneem Bulbulia 16th March 2023 London-listed Gem Diamonds delivered a solid financial performance for the financial year ended December 31, despite the volatile global economic environment following Russia’s invasion of Ukraine, which resulted in high levels of inflation and interest rates and significantly higher diesel... →
Petra’s latest tender cycle seen as confirming improving diamond price trend 
By: Martin Creamer 15th March 2023 Diamond mining and marketing company Petra has sold $72.1-million worth of rough diamonds in its fourth tender cycle, which is 12.5% up on the third tender's like-for-like prices and which is viewed as confirming an improving diamond price trend. Petra CEO Richard Duffy ascribed the positive... →
Mining output declined for a twelfth consecutive month in January
By: Creamer Media Reporter 14th March 2023 Mining production experienced its twelfth consecutive month of year-on-year decline in January, recording a decrease of 1.9%, Statistics South Africa reports. The largest negative contributors were platinum group metals (PGMs), with output 15.2% lower year-on-year and contributing -3.5 percentage... →
Burgundy strikes gem of a deal in Canada
By: Esmarie Iannucci 14th March 2023 ASX-listed Burgundy Diamonds has struck a $136-million deal to acquire the Ekati diamond mine, in Canada’s Northwest Territories. Burgundy on Tuesday announced that it had entered into an agreement with Artic Canadian Holdings to acquire all of the common shares of the company, as well as all of... →
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