Canadian Nordion loses three year dispute with Atomic Energy
Shares of nuclear medicine company Nordion dove close to 40%, down $3.93 at $6.53 in Toronto on Monday.
Cecilia Jamasmie , Editor-in-Chief
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Diavik mine to axe jobs in the eve of open pit closure
Massive layoffs are expected before the end of the month at Diavik, in Canada's Northwest Territories, as the diamond mine is set to close its open-pit section.
Unrest returns to South African gold mine
Labour unrest spread in South Africa on Monday when 15,000 workers stopped operations at a Gold Fields (JSE, NYSE, NASDAQ Dubai: GFI) mine while few workers reported for duty in the fourth week of a stoppage at Lonmin (LON:JSE) , the world’s third largest platinum mine.
Petra Diamonds selling non-core South African mines
London-listed Petra Diamonds shares were on the rise again Monday after the company revealed Friday it had started selling three of its non-core mines.
De Beers, Peregrine Diamonds joint venture for Chidliak is a go
De Beers has the exclusive right to enter into a joint venture agreement with Peregrine for the Chidliak diamond project located on Baffin Island, Nunavut, Canada.
Low diamond prices forces suspension of Nunavut mine
The reason that drove the company to stop looking for diamonds in its high-grade stockpiles last week was the “continuing weak world diamond prices."
Continental Coal shares soar
Shares rose almost 20% in London on Monday over the news that the junior miner is poised to sell its South African thermal coal mining assets.
Afghanistan’s trillion-dollar mineral assets imperilled by corruption
Mining companies would give their eye teeth to exploit Afghanistan’s recently discovered $1 trillion of untapped mineral wealth, but analysts warn that corruption, war and lack of infrastructure are likely to keep delaying a mining boom in the country.
Partial truce reached at South Africa’s Lonmin mine
Platinum miner Lonmin's (LON:JSE) has signed an agreement to end a nearly four-week platinum-mine strike and return to Marikana mine by Monday, but key parties didn't participate, undermining the government-backed attempt put an end to a violent labour dispute that has left 44 people dead.
INFOGRAPHIC: Uses and demand for gold
The creative department at Visual Capitalist has come up with another infographic on gold. In this, the last of a three-part series, they show us how gold is used across the globe.
US lawmaker questions Ivanhoe Atlantic’s China ties
Moolenaar challenges US support for Ivanhoe Atlantic as he warns of Chinese influence over critical mineral routes.
