Cameco to lose $1.3bn as Japan’s TEPCO cancels uranium contract
Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, Cameco said.
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Randgold resumes Tongon mine operations after deal with workers
Employees who had staged an illegal sit-in at the mine returned to work Wednesday after management and authorities reached a deal with them, the company said.
Here’s what miners should expect and do in 2017
While companies face different outlooks and challenges depending on the commodity they mine and their size, Deloitte says they should all should be looking for the answer to one common question — “Going forward, where should we play and how can we win?"
Workers vote to strike at Escondida, world’s largest copper mine
Strike could begin as early as Friday, but will likely be postponed for a five-day government mediation to attempt a resolution.
Deutsche Bank won’t finance any coal projects any longer
It has decided not to finance any greenfield thermal coal mining or coal-fired plants and it will also reduce its existing exposure to the sector.
Moon Express ready for first private lunar trip after raising another $20M
The private space exploration firm has enough money to hit the moon by the end of 2017.
Gold soars past $1,200 on Trump’s immigration ban, comments on Germany
Spot gold climbed 0.4% to $1,200.00 per ounce in early trade, while April Comex bullion was last up $10.20 an ounce at $1,206.30.
Lucapa adds Motahe project in Lesotho to portfolio, shares jump
The project, which has existing infrastructure, a camp and a diamond processing plant in place, is located just 5km from Letšeng, the highest dollars-per-carat kimberlite diamond mine in the world.
New rare earth miner lists in London, raises $10 million for Burundi project
Rainbow Rare Earths plans to restart the Gakara mine, which operated for 30 years until 1978, and that still holds high grade of the coveted elements.
Freeport may resume copper exports from Indonesia in ‘a day or two’ — authorities
Government is considering to extend the miner a temporary permit, valid for up to six months, which would pave the way for Freeport to resume exports from Grasberg.
Newmont eyes 5M-ounce boost from Lihir gold mine
Management noted progress in growth projects, including regulatory approvals for Red Chris, and Cadia resuming production.