Rio Tinto to develop $2.5bn lithium mine in Argentina

Argentinian authorities have issued an approval for a $2.5 billion Rincon lithium project to be developed by Rio Tinto under a new mining investment incentive regime.

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Anoop Mehta appointed IGI’s chairman and independent director

The International Gemological Institute (IGI) has appointed Anoop Mehta as chairman and independent director of its board. His term commenced on 6 June 2025.

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Northam Raises $318m through three-tranche note issuance

Platinum group metals (PGMs) producer Northam Platinum Holdings has successfully placed R5.7 billion ($318 million) in new domestic medium-term notes as part of its R15-billion ($836 million) funding programme.

Today

Brazilian artisanal miners discover 647-carat brown diamond

Artisanal miners in the mining town of Coromandel in Brazil have unearthed a second-largest diamond in the country’s history weighing 647 carats and valued at 16 million Brazilian real ($2.87 million).

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Gemfields secures $30m in fully underwritten rights Issue

Gemstone miner Gemfields has successfully raised $30 million through a fully underwritten rights issue, initially announced on April 11.

Today

Why gold is beating stocks at their own game

23 may 2025

By World Gold Council

(livewiremarkets.com) - As we entered 2025, expectations for the US economy were at their highest compared to the previous two years and there was widespread belief that strong growth and significant asset-price increases would continue in 2025.