LME to launch monthly 'implied pricing' for base metals
The London Metal Exchange (LME), the world’s biggest and oldest market for industrial metals, is implementing an “implied pricing” functionality, ...
Month: July 2018
Nevsun passes on Lundin’s $1.4 billion fresh takeover bid
Base metals producer Nevsun Resources (TSX:NSU) has once again dismissed a takeover offer by Lundin Mining (TSX:LUN), as it believes ...
Noront Resources won't be building its $1B Ferrochrome plant in Sudbury or Thunder Bay
The four cities vying for Noront Resources' Ferrochrome Production Facility has been reduced to just two candidates: Timmins and Sault ...
Fura Gems grabs more ruby assets in Mozambique
Canada-listed Fura Gems (TSX-V:FUR), a new gemstone mining and marketing company headed by the former COO of Gemfields, is expanding ...
Sound waves reveal enormous diamond cache deep in Earth's interior
Sound waves reveal a surprisingly large diamond cache deep in Earth's interior, researchers report. Source: Science Daily
Vale’s iron ore output hit fresh record high despite trucker strike
Brazil’s Vale (NYSE:VALE), the world’s No.1 iron ore miner, said Monday that production of the steelmaking material and pellets hit a fresh record high ...
Randgold’s Tongon mine in Ivory Coast hit by strike
Randgold Resources’ (LON:RSS) said Monday a workers’ strike at its at Tongon gold mine in the Ivory Coast had brought production to ...
Wheaton buys all gold, some palladium from Sibanye US mines
Canada’s Wheaton Precious Metals (TSX:WPM), the world's No.1 silver streaming company, said Monday it was buying all of the gold ...
Chilean government wants conflict at Escondida to be over
The Chilean government asked both workers and management at BHP’s (ASX, NYSE:BHP) Escondida copper mine, the world’s largest, to put ...
Argentina releases mining census, made $1321 million in 2016
It's been a decade since the Argentinian government last polled its mining sector but this week some results from a ...