‘Miner’s revenge’ is coming with electric cars, Friedland says
Surging demand for metals like copper, and cobalt for use in EVs promises to overturn balance of power between mining companies and their customers.
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South Africa’s Tharisa sets out 2020 growth vision
Miner announced record output of chrome and platinum group metals, also said it was seeking to diversify into EV materials.
Copper miners, smelters at stalemate over processing charges
China's smelters and international miners have not agreed to terms for next year's treatment and refining charges, likely prolonging negotiations into 2018.
Chile’s Codelco plans environmental impact pricing for copper
Under the new terms, Codelco's copper cathodes will be certified in eight ways that take environmental footprint of production into consideration.
Pink diamond gets $32 million, Patek sets Asian record
The oval stone, set in a ring embellished with smaller diamonds, sold after a three-minute contest. It was estimated to sell for as much as $42 million.
Indonesia expects 2018 deal with Freeport on giant copper mine
Indonesia expects to conclude deal with Freeport-McMoRan Inc. by February that will see the U.S. miner shed its majority ownership of Grasberg mine.
Rubicon Minerals consolidates McCuaig, adding to its substantial exploration properties in Red Lake, Ontario, Canada
The Company currently has a 60% interest in McCuaig and, upon closing of the transaction, will have a 100% interest.
Two women to lead Australian iron ore mining company
As soon as the new year kicks off, Fortescue Metals Group will be led by new CEO Elizabeth Gaines and her right hand Julie Shuttleworth.
Lumina Gold raises $20M to advance projects in Ecuador
Originally planned to raise $15M.
