November 4, 2020

Billionaire Gina Rinehart’s wealth swells with Hancock’s A$4bn profit

Hancock Prospecting reported a A$4 billion ($2.9bn) net profit after tax for financial 2020, a 56% improvement from the A$2.6 billion logged last year.

November 4, 2020

Copper trading volumes rebound as speculators return

Copper volumes on world exchanges are climbing again as a buoyant economic recovery from covid-19 in top metals consumer China spurred speculators to pile back into the market.

November 4, 2020

Gold price retreats as US voting stretches on

Spot gold fell 0.4% after voting tallies showed a tight race in the US presidential election.

November 4, 2020

Angola to launch diamond exchange in Luanda in 2021

The government has identified key steps it needs to take before opening the planned diamond exchange by the end of next year.

November 3, 2020

Rainbow, Bosveld to develop SA rare earths project

The Phalaborwa rare earths project contains about 35 million tonnes of gypsum resulting from historic phosphate hard rock mining.

November 3, 2020

Nevada Copper says more funding needed for ramp-up

Shares of Nevada Copper plunged 18.7% following the latest operational update.

November 3, 2020

LME’s “green aluminum” plans opposed by industry

For first time in its 143-year history, the LME is pushing a platform for greener metal.

November 3, 2020

Rio Tinto closes Argyle diamond mine after 37 years

The mine was the world's largest by volume and the main global source of high-quality pink diamonds.

November 2, 2020

Northstar expands position at Kirkland Lake, stock up

The miner has more than doubled its landholding in the area, which contains the Macassa SMC complex.

November 2, 2020

Plateau Energy responds to $600 million funding talks

It was reported earlier that the company has secured funding for Peru's only lithium project.