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

Science column: The diamond deposit in your backyard

23 march 2017
(postindependent.com) - Under grubby soils of northern Colorado lies the nation's biggest diamond deposit. Its crystalline bounty was almost found by accident. In the late 1960s, Colorado State University geologists were studying some rather unusual, crumbly rocks northwest of Fort Collins. These drab-green exposures were notable because burrowing animals liked to tunnel through them and because only certain types of trees and bushes thrived atop them. The rocks also contained a variety of "indicator" minerals that tend to form under high temperature, high pressure conditions that prevail deep in the earth. The geologists mapped the distribution of these rocks and found they originally formed in a series of funnel-shaped volcanic pipes. The worn-down tops of the "kimberlite" pipes – named after Kimberly, South Africa, where they are abundant – are visible from outer space. They extend from southern Wyoming all the way down to the People's Republic of Boulder.
A decade or so after their discovery, a student was grinding down samples of these rocks so they could be examined under the microscope. They made an astounding observation. Rather than the rocks being ground down by the polishing grits and plate, the rocks were etching grooves into the polishing plate. The likely culprit? The hardest mineral in the world. Analysis of the wafer-thin rock samples by the professor down the hall provided confirmation. Diamonds!