Weekly Nugget
Can you guess what the new price of a gold bar is?
In this week's Nugget, we're digging into the latest mining news, data, and trends.
Sift through mining news in this week's nugget.
Here's Your Weekly Nugget!
📰 In The News
CEO Emily King to record ‘On the Rocks’ live at WIM USA 2025!
Emily King, Founder & CEO of Prospector will moderate and share her expertise on driving sustainability in mining, the challenges we face, and the innovative strategies pushing the industry forward.
Mining Stocks Massacre as Copper Price Craters by 9%
- Copper prices plunged over 9% on Friday, extending a steep decline sparked by U.S. tariffs and global trade tensions, with fears of a recession triggering a broad sell-off in metals and mining stocks.
- Analysts warn further price drops are likely as demand weakens and economic outlooks darken.
Mining Consolidation to Speed Up as Chinese Demand Growth Slows
- Mining companies are increasingly turning to joint ventures and asset sales amid slowing demand—especially from China—and rising costs that make large mergers less feasible.
- While full-scale M&A remains limited, industry leaders expect consolidation to grow as copper demand surges and companies seek scale and growth over shareholder payouts.
Diavik reveals 158-carat Yellow Diamond
- Rio Tinto has recovered a rare 158.2-carat yellow diamond from its Diavik mine in Canada's Northwest Territories—only the fifth yellow diamond over 100 carats found there in 22 years, as the mine nears its 2026 closure.
- The discovery adds to Diavik’s legacy as one of the North’s most remarkable and challenging diamond operations.
TIME Magazine Names Cornish Lithium Among the ‘World’s Top
Greentech Companies’
- Rio Tinto has recovered a rare 158.2-carat yellow diamond from its Diavik mine in Canada's Northwest Territories—only the fifth yellow diamond over 100 carats found there in 22 years, as the mine nears its 2026 closure.
- The discovery adds to Diavik’s legacy as one of the North’s most remarkable and challenging diamond operations.
- Learn more on Prospector
🎧 On the Rocks
In this masterclass episode, host Emily King sits down with Kevin McCoy, Planning Superintendent at South32's Hermosa project, to unpack the complex world of mine planning.
From integrating community feedback to leveraging cutting-edge technology, discover how today's mine planners balance technical requirements with environmental and social considerations.
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