Teck parts ways with president and COO Harry Conger after massive cost overruns at QB2
Teck chief executive Jonathan Price is taking over as president, while the company searches for a permanent COO replacement.
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Hecla invests $7.2 million in Dolly Varden Silver, ups share to 15%-plus
Dolly Varden owns 100% of the Kitsault Valley silver-gold project, located in the southern tip of BC’s Golden Triangle.
G7 plan to ban Russian diamonds to further dim industry sparkle
But even before it is in force, producers say Western customers have been shunning gemstones from Russia.
Finland discovers rare earth minerals at the Sokli deposit
Sokli is the world’s largest carbonatite deposit and could produce 10% of the REE needed annually in Europe.
Fortuna Silver wins another court decision in Mexico, has San Jose EIA reinstated
In its ruling on Monday, the Federal Administrative Court dismissed the allegations contained in the annulment resolution.
Glencore cuts 2023 nickel guidance as strikes hit production
The company has lowered its guidance for full-year nickel production by 9% to approximately 102,000 metric tons.
Gem Diamonds finds 117-carat diamond at Letseng
The discovery of the white Type IIa rough diamond is a much-needed positive news for the miner, which reported last month a $1 million loss.
Hedge funds pile into uranium stocks set for ‘dramatic’ rise
Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.
Traders abandon China’s ‘copper king’ as metals woes spread
More than a dozen employees have left Shanghai-based copper traders affiliated with Chinese conglomerate Amer International Group Co. in the past few weeks.
