News
Lundin achieves record quarterly gold output at its flagship Ecuador mine
Vancouver-based Lundin Gold has reported that in the third quarter of 2026, gold production at its Fruta del Norte mine in southeast Ecuador hit a new quarterly record.
Today
Richemont, Signet in talks to join De Beers consortium – report
Luxury group Richemont and US retailer Signet Jewelers are in advanced talks to join the Global Diamond Consortium (GDC) bidding for De Beers, according to five people familiar with the matter, Bloomberg reports.
16 october 2026
Rio Tinto begins Q4 of 2026 with strong operational performance
The Anglo-Australian mining group Rio Tinto has reported its third-quarter 2026 results, highlighting strong operational performance.
16 october 2026
Silver market deficit to widen in 2026 - report
In the latest World Silver Survey prepared by the Silver Institute and Metals Focus, the global silver market deficit is forecast to widen for the sixth consecutive year to 46.3 million ounces.
16 october 2026
Tharisa signs PGM offtake deal with Valterra Platinum, expands chrome collaboration
South Africa’s Tharisa has entered a binding arrangement for the sale of PGM concentrate to Rustenburg Platinum Mines, a subsidiary of Valterra Platinum, effective 1 January 2027.
16 october 2026
Future diamond mine prospects far from bright
(Business Vancouver) - Canada is now home to the largest diamond mine under construction in the world. Located in Gahcho Kué, Northwest Territories, the mine is expected to add $6.7 billion to the Canadian economy. It’s a joint venture between De Beers Canada (51%) and Mountain Province Diamonds (TSX:MPV) (49%). While the project might be considered a sign of a resurgent mining sector, the industry is not completely out of the woods. Exploration companies are concerned about finding future diamond deposits. It can take up to 20 years for diamonds to move from the mine to market, and some firms are worried they might not be able to consistently find new reserves over the next two decades.
