News

Lucara Diamond (TSE:LUC) said it recovered a 1,111 carat gem-quality diamond from its Karowe Mine in Botswana. The stone, which Lucara claims is the world's second largest gem quality diamond ever recovered, measures 65mm x 56mm x 40mm in...

William Lamb, CEO of Lucara Diamond Corp. (TSX:LUC), got an urgent call from his chief operating officer, Paul Day, in Botswana at 1:29 am. Monday morning. Lamb called him back at 4 a.m. “He said, ‘Are you sitting down?’”...

Gold Fields deciding Ghana’s mine fate, as bullion prices diveGold Fields said that South Deep mine, bought for $3 billion in 2006, is on course to break even by the end of 2016. Gold Fields (NYSE, JSE:GFI), the world’s...

Lonmin’s Marikana mine concentrator plant. Lonmin (LON:LMI) shareholders decided Thursday to approve a deeply-discounted $407 million share issue, as the struggling platinum miner seeks cash to stay afloat. Hurting from strikes, rising costs and weak platinum prices, the South...

Education is a clear priority for Angkor Gold. Each academic semester 240 students are involved in programs assisted by the company. BANTEAY, Cambodia: Accessing this village eight hours north of Phnom Penh is daunting on the best of days,...

Competition for existing water supplies, combined with rising regulatory and social scrutiny of mine water management plans, brings prospects of higher project costs and longer development timetables By Russell A Carter, managing editor, E&MJ A recent study claims that about...

Ongoing drilling by Geopacific Resources at the Kou Sa Copper-Gold Project in Cambodia has returned thick, high-grade down-dip extensions to existing mineralized zones and has identified a potential feeder zone. Prospect 160 is one of the most advanced areas...