Home / International News

International News

De Beers acquire Peregrine Diamonds

De Beers Canada has entered into an agreement to acquire 100 per cent of the outstanding securities of Peregrine Diamonds, owner of the high quality Chidliak diamond resource located in Canada’s Nunavut Territory. The Chidliak resource was discovered in 2008 and is located approximately 120 kilometres northeast of Iqaluit on …

Read More »

Rio’s automated trucks break record

Rio Tinto’s fleets of autonomous haul trucks have achieved a significant milestone at the company’s world-class operations in Australia by moving their one-billionth tonne of material. The haul trucks fitted with Autonomous Haulage System (AHS) technology have now moved more than one billion tonnes of both ore and waste material …

Read More »

Latin America, Africa to redefine global mining

Technavio, global technology research and advisory company says the mining industry is expected to witness gradual growth during 2017 to 2021. The company attributes the development to increase in demand from minerals and metals, mostly from emerging economies. Researchers at Technavio believes that the untapped markets such as Latin America …

Read More »

Botswana’s tennis ball size diamond sold

Africa focused miner Lucara Diamond has sold the historic 1,109 carat Lesedi La Rona recovered from the Karowe mine in Botswana in November 2015. Lucara Diamond said the piece has been sold for US$53 million (US$47,777 per carat) to Graff Diamonds. “We are thrilled and honoured to become the new …

Read More »

Canadian miner sells diamond interest in Botswana

Toronto Stock Exchange listed Peregrine has sold its diamond interest in Botswana to UK’s Diamond Exploration Strategies (DES). The company announced that it has entered into an agreement to transfer all of the shares of Diamexstrat Botswana, a 100%-owned subsidiary of Peregrine engaged in diamond exploration and development in Botswana …

Read More »

Lucara completes two capital projects in Botswana

Canadian junior diamond miner, Lucara Diamond has completed Mega Diamond Recovery (MDR) and the Sub-middles XRT capital projects within budget and ahead of schedule at its Karowe Mine in Botswana The new MDR circuit treats material in the size range between 50mm and 120mm and is located directly post the …

Read More »

TAKRAF appoints agent in Botswana

Tenova TAKRAF Africa strengthens its Botswana ties with the appointment of a local agent. Global mining, materials handling, minerals processing and equipment supplier, Tenova TAKRAF Africa has appointed Etuba Engineering, as its agent in Botswana. The appointment is expected to support the TAKRAF Africa’s ability to respond to the unique …

Read More »

First Quantum seals Panama copper project deal

First Quantum Minerals Limited (FQML) has acquired a 10 percent ownership interest and shareholder loans in Minira Panama SA (MPSA) which holds the concession for the Cobre Panama project. The concession is located 120 kilometres west of Panama City and 20 kilometres from the Caribbean Sea coast, in the district …

Read More »

Husqvarna builds first solar powered facility in US

Husqvarna Group is building its first solar power generating facility at its current injection molding site in Nashville, Arkansas, USA. The new facility is expected to reduce the CO2 footprint by approximately 1,000 tons in the first year of operation and approximately 25,000 tons over the expected 25 year life …

Read More »

De Beers hikes marketing budget to strengthen sales

International diamond company De Beers Group has announced plans to invest more than US$140 million in marketing this year. The budget is the biggest spend since 2008, as the group focus on generating further consumer demand for diamond jewellery in the leading markets globally. The greatest spend is targeted in …

Read More »