Newmont ups gold output and profit in Q3 thanks to Newcrest acquisition

Newmont Corporation has announced its third quarter 2024 results, increasing its attributable gold production by almost 30% to 1.67 million ounces, from 1.29 million ounces in Q3 2023.

Today

Gold Fields finalizes acquisition of Osisko and its Windfall gold project

Gold Fields has received all regulatory approvals and support from shareholders to complete the acquisition of Osisko Mining and its main asset, the Windfall gold project in Québec.

Today

New Botswana president wants De Beers diamond sales pact finalised soon

Botswana’s new president, Duma Boko, wants to end talks for a new sales agreement with diamond giant De Beers as soon as possible, according to media reports.

Yesterday

Drilling begins at the Mukai copper project in Zambia

Tertiary Minerals says First Quantum Minerals has commenced drilling at its Mukai copper project in Zambia following receiving all necessary consents.

Yesterday

Global central bank gold holdings seen going higher - LBMA

At a panel discussion which took place during the 2024 LBMA Precious Metals Conference, representatives of three central banks said that gold’s role as a reserve asset in global foreign reserves will continue to grow.

Yesterday

De Beers eyes tech markets for synthetic diamonds future

09 november 2018

(Reuters/yahoo.com) - Anglo American unit De Beers is going after lucrative, but elusive high-tech markets in quantum computing, as it aims to expand its lab-grown diamond business beyond drilling and cutting. Element Six, De Beers' synthetic diamond arm, is building a $94 million factory in Portland, Oregon, an expansion that comes as scientists from Moscow to London push to develop diamonds for futuristic applications.