Diversified major Rio Tinto and Canadian junior Star Diamonds on Thursday announced a comprehensive resolution of their disputes, ending a protracted tussle over a joint venture (JV) project east of Prince Albert, Saskatchewan. The companies have agreed to revised JV arrangements that they said best position the JV to advance
Tag: DMCC
Karelian Diamond Resources, which is exploring the Lahtojoki deposit on Finland’s eastern coast for diamonds, has announced the discovery of pink diamonds there, IDEX Online reports. Credit: Rio Tinto The Lahtojoki deposit “aims to develop as Europe’s first diamond mine outside Russia,” according to the report. In its
With the continuation of the Covid-19 global pandemic, Canada-based junior miner Diamcor’s focus for the three months ended September 30 remained on maintaining reduced costs, the resumption of operations on an appropriate basis and the finalisation of Phase 1 of the company’s announced preparations for increased processing volumes in the
Harnessing mining’s potential requires urgent implementation of global best practices, without losing sight of what is best for the country. The post What do next year’s changes to the mining tax regime actually mean for Zambians? appeared first on Miningreview.com.
London-listed Petra Diamonds’ share consolidation became effective on November 29 following shareholder approval at the company’s annual general meeting on November 19. Admission of the company’s new ordinary shares to the premium listing segment of the official list of the Financial Conduct Authority and to trading on the LSE main
The pandemic has catalysed businesses to increase reliance on Industry 4.0, and particularly IIOT, in order to maintain business continuity. The post Pandemic spurs on IIoT in mining appeared first on Miningreview.com.
