Gold market mulling blockchain for $200 billion of supply
Gold is going digital.
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Anglo expects expansion licence for Minas Rio in Brazil by Friday
Receiving the necessary licences would allow the company to continue operating in the state of Minas Gerais, where the iron ore mine is located, for at least another 15 years.
Vancouver junior surges 60% after Africa cobalt deal
Newly renamed M2 Cobalt snags seven licences in Uganda covering 1,500 square kilometres as investors bet cobalt price rally will continue.
Antofagasta sees 2018 costs to reach $1bn on Pelambres expansion, equipment
Chile-focused miner also expects costs to rise on tailings dam expenditure.
Barrick grabs stake in Royal Road Minerals in $1.3 million deal
Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.
Rio Tinto and two former top execs must face fraud charges — SEC
SEC will push ahead with the prosecution of the company, former chief executive Tom Albanese and ex-chief financial officer Guy Elliott over alleged attempts to cover up multi-billion losses on a coal investment in Africa.
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.
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%.
