By Ryan Hogg
(fortune.com) - Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it’s trying to restructure.
The Ekati diamond mine in Canada will be shut down by court order after its owner, Burgundy Diamond Mines, failed to find a buyer for the asset.
Yesterday
Zijin has started exporting lithium concentrate from its Manono project in the Democratic Republic of Congo, according to Reuters.
Yesterday
The demand for Norilsk Nickel metals in the global market is stable, but the situation with logistics and sales will remain difficult, said president of the company Vladimir Potanin during a meeting with Russia’s president Vladimir Putin.
Yesterday
Chrome is a growing value contributor to Sibanye-Stillwater's South African platinum group metals portfolio, delivering margins, resilience and project support, Mining Weekly has reported.
Yesterday
RT-Engineering, a holding company of the Rostec state corporation, has completed the main stage of construction at the Chernogorsk Mining and Processing Plant, which will become a major new center for mining and processing of ores containing platinum...
Yesterday
By Ryan Hogg
(fortune.com) - Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it’s trying to restructure.