Gold price: ETF holdings jump to near 5-year high
Hedge funds have also been building exposure to gold, doubling bullish bets on futures markets to 20m ounces in just three weeks.
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France’s Areva rebrands to Orano in dire uranium market
French uranium mining group Areva closing the book on a years-long restructuring but still facing an uncertain future, with uranium prices at decade lows.
Pretium shares tank after Brucejack ramp up disappoints
Vancouver producer announces lower gold production, recoveries at its only mine six months into ramp-up – stock is down 26%.
Russia to invest $250 million in uranium exploration, production in Argentina
Agreement includes Russia’s state nuclear agency Rosatom commitment to build a nuclear power station in the South American country.
These are some of the top mining assets on the block
Big mining companies, restored to health following the 2015-16 price crash, are seeking to rationalize their portfolios and acquire assets in line with heightened focus on the best quality minerals and anticipated demand for battery materials.
Alrosa inks long-term diamond supply deals with 67 clients
Miner aims at selling around 40 million carats of diamonds in 2018 provided market conditions are favourable.
Zimbabwe mulls scrapping majority black ownership on diamond, platinum sectors
President Emmerson Mnangagwa, who took the post in November, has ordered an examination of both industries that may lead to the abolition of the 51% local ownership rule on them.
Rising mineral prices trigger artisanal and small-scale mining ‘explosion’ — report
An estimated 40.5 million people were directly engaged in ASM last year, up from 30 million in 2014, 13 million in 1999 and only 6 million in 1993.
Aurubis buys Codelco’s shares in Deutsche Giessdraht
The parties have agreed not to release the transaction price.
