Rio Tinto’s Kennecott starts drilling at Frisco
Kennecott will spend an initial $6 million on exploration to gain a 55% interest in the project.
Latest Stories
US uranium output shrinks 89% in 2019
The new data comes about a month after the Trump Administration released its plans to rescue the US uranium mining industry.
Elephant platinum coins sell out in South Africa
Over 2,000 coins featuring an elephant were sold out to US and Asian investors after being minted in March.
Zambia partners with Array Metals to process gold
Africa’s second-largest copper producer, Zambia is trying to diversify its revenue base, and aims to produce 40,000 kg of gold in 2020.
Fresh study calls for moratorium on deep-sea mining
It warns that the impacts of nodule mining in the Pacific Ocean will be extensive, severe and last for generations.
Iron ore price surges on Brazil covid-19 crisis
Benchmark prices close in on $100 a tonne on Brazil supply fears — "You can't move dirt working from home."
Sprott backs Pure Gold with $10.7 million investment
Pure Gold's mine in Red Lake is on track for its first pour this year.
Sulphur squeeze spells trouble for Congo’s miners
Disruptions caused by covid-19 have pushed up prices for sulphur by about 10% this year in the DRC.
Odey says governments may make private gold ownership illegal
London-based hedge fund manager Crispin Odey is known for his eye-catching comments and bearish market outlook.
