Scotiabank to offload gold trading unit
Chinese buyers are rumoured to be the key targets of the sale.
Latest Stories
Vale puts stake in New Caledonian nickel unit up for sale
Move is part of a wider review of low performing assets after new Chief Executive Fabio Schvartsman took charge in June.
This new method for getting gold from e-waste may be just what miners need
Canadian start-up EnviroLeach has created a new environment-friendly chemical process with the potential to transform precious metal extraction in the mining and electronic waste (e-waste) sectors.
Canada’s oil sands survive, but can’t thrive in a $50 oil world
Canada’s oil sands producers are stuck in a rut.
Atlas Copco up on higher third-quarter orders, bullish demand forecast
The Swedish firm is fine-tuning details for a group split that will see its mining, infrastructure and natural resources business trade as a new company in 2018.
First Majestic Silver output climbs
The Mexico-focused miner produced 4 million ounces of silver in the third quarter of 2017 from its six operating silver mines.
Environmental group’s office raided to collect for Enbridge
After sending court bailiffs to seize property from Stand.earth, Enbridge backed off, saying it will not seize property after all.
Gold price bull Marc Faber booted from boards for racist remarks
But ex-Sprott, Ivanhoe, Novagold board member stands by comments: “If stating some historical facts makes me a racist, then I suppose that I am a racist.”
SEC charges Rio Tinto, former top executives with fraud
Lawsuit against ex-CEO Tom Albanese, CFO Guy Elliott centers on $3.7 billion acquisition of Mozambique coal assets in 2011 later sold for just $50m.
