Apple got $40 million in gold from recycled iPhones last year
Thanks to its innovative program that uses robots to recover the valuable parts from the millions of Apple devices discarded every year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Glencore’s Optimum coal now in hands of S. African’s President family
Tegeta Exploration & Resources Ltd., controlled by the Gupta family and South African President Jacob Zuma’s son, is the new owner of optimum coal.
Alrosa forecasts brighter times for diamond sector
The Russian firm, which together with De Beers controls almost two-thirds of the diamond market, is being prepped for privatization.
Spill at Teck’s plant in Canada now contained, no risks to human health
The now contained spill, which happened at Teck's Trail smelting and refining plant in British Columbia, lasted for about 15-20 minutes.
Dominion Diamond swings to loss, names new chairman
The miner lost $11.6 million in the fiscal 2016, compared to a profit of $170.3 million in 2015.
US coal giant Peabody Energy files for bankruptcy
Peabody's bankruptcy filing is one of the largest in the commodities sector since commodity prices began to fall in the middle of 2014.
Canada’s mining industry backs national carbon price
The country's largest mining companies recommend a broad-based carbon price applicable to all sectors of the economy.
Anglo Asian shares dive after reporting gold output drop
Gold production fell 17.6% to 14,172 ounces in the first quarter of the year due mainly to harsh winter conditions.
Gold to hit $3,000 by 2019 — expert at Dubai conference
“The big problem is that monetary policy is contagious and central bankers no longer have any bullets left," said precious metal expert Diego Parilla.
Higher gold prices prompt consortium to restart historic mine in India
The ancient Kolar gold mines produced some 25 million ounces over 150 years before being abandoned in 2001, as gold prices began to sink.
Panama moves to unlock copper from First Quantum mine
Commerce and Industries Minister may approve by Tuesday exports of already mined ore from Cobre Panama’s stockpiles.