February 26, 2020

Rio Tinto’s best earnings since 2011 clouded by virus risks

Company announced ordinary dividend of $6.2 billion in 2019 and total cash returns of $7.2 billion.

February 26, 2020

Nornickel warns of coronavirus risks, reports leap in profit

Russian giant reported 2019 net profit up 95% and expects uncertain times for nickel and copper markets.

February 25, 2020

Russian billionaire forges ahead on tokens for metals

Potanin has long signaled plans to start crypto tokens for metals.

February 25, 2020

Ontario teachers’ expands gold mining exposure with unusual deal

Investors showed their approval by pushing shares of New Gold up as much as 16% in Toronto.

February 25, 2020

Egypt seeks Midas touch with new gold-mining exploration tender

The first bid round since 2017 will be held from March 15 to July 15, with subsequent ones taking place every four months.

February 24, 2020

Deal activity drops over 5% in Canada’s mining industry in January

M&A was the leading category in the month in terms of volume.

February 24, 2020

Gold price surges as hedge funds wager $9bn on more gains

Biggest one day jump since Brexit vote as gold ETF purchases and hedge funds positioning reach record level.

February 24, 2020

Coronavirus is double shock for China’s giant aluminium sector

The London Metal Exchange aluminium price sank to a three-year low of $1,685 per tonne at the start of February.

February 24, 2020

Newcrest hails drill results at Havieron project

Australia’s largest gold producer is working on defining the potential deposit's scale and mining methods.

February 24, 2020

Funds sell copper as coronavirus hits physical supply chains

Hedge fund managers appear more focused on the current state of the physical copper market than the promise of a sharp economic rebound in China.