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Diamond Mining News

15 articles about diamond mining

EGA achieves 25% restoration of reduction cells at Al Taweelah smelter

Emirates Global Aluminium (EGA) has announced the successful restoration of 25% of its reduction cells at the Al Taweelah smelter in Abu Dhabi, United Arab Emirates, following an emergency shutdown caused by an Iranian attack in March. With 315 of 1,262 cells now operational across all three potlines, the company is on track to achieve full production by the first quarter of 2027, demonstrating remarkable resilience and strategic operational management in the face of significant challenges.

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Weir targets mill circuit wear as miners push for higher throughput

Weir PLC has launched the WARMAN MCR² mill circuit pump, featuring eight patented technologies to address the increasing complexities of mineral processing. Introduced on August 27, 2026, the pump integrates advancements in hydraulics, wear management, serviceability, and condition monitoring, aiming to extend operating campaigns and enhance predictability in demanding mining environments without requiring significant infrastructure changes. This innovation is poised to help miners improve throughput and manage costs as they process more challenging ore bodies globally.

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OceanaGold to acquire Ausgold for $549m

OceanaGold is set to acquire Ausgold Limited for an equity value of approximately A$776 million ($549 million), a strategic move that will integrate Ausgold's advanced Katanning Gold Project in Western Australia into OceanaGold's portfolio. The acquisition, structured as a scheme of arrangement, is expected to conclude by December 2026, adding a high-quality, open-pit development asset projected to produce over 100,000 ounces of gold annually starting in 2029. This deal underscores a growing trend of consolidation among mid-tier gold producers seeking to expand their resource base in tier-one mining jurisdictions.

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Sandvik receives orders for underground fleet at Karowe mine

Sandvik has secured a significant order from Lucara Botswana to supply a 15-unit underground fleet, along with comprehensive parts and services, for the Karowe diamond mine. Booked in the second quarter of 2026, this strategic acquisition, supported by a specialized financing package, is critical for Lucara's Karowe Underground Project, aiming to extend the mine's operational life beyond 2038 and sustain its reputation for recovering exceptional large diamonds.

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Savannah signs new land deals for Barroso Lithium Project in Portugal

Savannah Resources has announced the signing of three pivotal land access agreements with communal land groups, known as baldios, for its Barroso Lithium Project in northern Portugal. These agreements, dated August 12, 2026, are crucial for securing the necessary footprint for project development and underscore a commitment to robust community engagement through provisions for local participation, reinvestment, and indexed compensation, significantly advancing Europe's prospective critical minerals supply.

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Cobalt supply: why battery recycling patents matter

As the global mining industry grapples with escalating cobalt supply risks, particularly for the burgeoning electric vehicle and renewable energy sectors, the strategic significance of battery recycling is reaching unprecedented levels. Insights from Russell Woolley, published on August 11, 2026, underscore that robust intellectual property protection through patents is becoming increasingly vital for innovations in battery material recycling, transforming it into a cornerstone for securing future cobalt supply chains. This shift emphasizes a critical evolution in resource management, where secondary sources are moving from supplementary to strategically essential.

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Why mining’s decarbonisation challenge starts with reliable connectivity

Reliable connectivity has emerged as a foundational element for the mining industry's ambitious decarbonization strategies, enabling critical advancements in electrification, automation, and real-time emissions monitoring. As companies target net-zero operational emissions by 2050, technologies like private 5G networks are proving essential for optimizing fleet management, enhancing energy efficiency across diverse operations, and building a scalable digital infrastructure to support future AI-driven initiatives. This strategic shift is exemplified by operations such as Boliden's Aitik copper mine, which has reported significant improvements in productivity and operational efficiency through advanced connectivity solutions.

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Energy Secretary Continues Progress to Strengthen Energy Reliability in Puerto Rico

<p><br />The U.S. Department of Energy (DOE) has renewed critical emergency orders for Puerto Rico, authorizing the Puerto Rico Electric Power Authority (PREPA) to maintain essential generation capacity and intensify vegetation management. Effective August 10, 2026, through November 7, 2026, these measures are designed to bolster the island’s electric grid against rising demand and the ongoing hurricane season, building upon previous interventions that have restored nearly 1,600 megawatts of generation capacity and significantly increased federal vegetation clearing projects. This sustained federal commitment underscores the vital importance of reliable energy infrastructure for industrial stability and economic development, offering key insights for the mining sector regarding infrastructure investment and material demand.</p> <p>

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Lycopodium wins $65.5m contract for Blackwater EP2 project

Lycopodium has secured a significant A$93 million ($65.5 million USD) Engineering, Procurement, and Construction Management (EPCM) contract for Artemis Gold’s Blackwater Mine Expanded phase two (EP2) project in central British Columbia, Canada. This contract marks a crucial step in Blackwater’s multiphase expansion program, aiming to increase the mine’s total throughput capacity to 21 million tonnes per annum, solidifying its position as a major gold and silver producer in a premier mining jurisdiction.

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SAGA Metals begins mobilisation for Wolverine rare earth project

SAGA Metals has initiated a significant mobilization effort at its Wolverine Heavy Rare Earth Element Project in central Labrador, Canada, preparing for a substantial 4,000–5,000-meter diamond drilling campaign. This program aims to build upon promising 2025 reverse circulation drilling results, which identified broad zones of near-surface rare earth element mineralization with high heavy rare earth oxide contributions. The systematic exploration is geared towards establishing a robust geological database essential for defining a maiden resource, strategically positioning SAGA Metals in the critical minerals sector.

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FPX Nickel begins 4,000m of diamond drilling at Advocate Property

FPX Nickel has commenced a significant 4,000-meter diamond drilling program at its Advocate Nickel Property in north-central Newfoundland, Canada, targeting the Birchy North and Wolverine zones for recoverable awaruite nickel mineralisation. This campaign, which began on August 5, 2026, represents a crucial milestone in FPX Nickel’s global generative alliance with JOGMEC and aims to confirm the presence of high-grade awaruite deposits comparable to its flagship Baptiste project. The exploration builds upon extensive geophysical surveys and surface sampling, positioning Advocate as a potentially important source of this unique, low-carbon nickel.

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MaxMine launches AI assistant for mining industry

MaxMine has introduced MAXI, an innovative AI assistant specifically designed for fleet management systems in the mining industry, launching on August 3, 2026. This development aims to significantly improve data accessibility and operational efficiency for site supervisors by providing real-time insights and automating shift reporting. Early trials at Queensland mine sites with Batchfire Resources have demonstrated MAXI's potential to enhance safety, accountability, and communication between operators and supervisors through practical short interval control.

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Allied Gold and Zijin Gold end arrangement agreement

Allied Gold and Zijin Gold International Company have terminated their C$5.5 billion definitive agreement for Zijin's acquisition of Allied Gold, citing unmet conditions and external factors impacting large cross-border transactions. Despite this, Zijin will proceed with a strategic investment of approximately 1.99 billion yuan (US$295 million) in Allied Gold, securing a roughly 9.2% equity stake to support Allied Gold's key growth initiatives in Africa, including the Kurmuk project and Sadiola expansion. This strategic pivot highlights the evolving landscape of global mining M&A and the preference for collaborative investment over full takeovers amidst regulatory complexities.

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Lake Victoria Gold launches phase three land valuation at Imwelo

Lake Victoria Gold, through its subsidiary Tembo Gold (T), is set to commence the phase three land valuation and compensation program at its Imwelo Gold Project in Tanzania on August 1, 2026. This crucial step, covering approximately 73 acres in the Imwelo A Hamlet, is essential for expanding mine infrastructure, including accommodation camps and workshop facilities, bringing the total secured land to 526 acres. This systematic land acquisition underscores the company's disciplined execution and commitment to responsible community engagement as the project transitions from permitting to its construction and production phases.

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Buscar Company expands Treasure Canyon mining claims

Buscar Company, through its subsidiary Eon Discovery, has significantly expanded its Treasure Canyon Project in Plumas County, California, by staking 44 new lode mining claims, increasing its land position from approximately 200 acres to nearly 1,098.71 acres. This strategic acquisition aims to cover the interpreted strike extensions of five gold-bearing quartz vein systems, providing a robust footprint for the company's impending 10,000-foot diamond drilling program targeting gold and potential copper-gold mineralization. The move reflects a systematic approach to exploration in a historically rich mining district, with the company anticipating key permitting and financing milestones to advance the project.

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