Imperial Metals launches $49.6m rights offering
The proceeds will be used to fund work at the copper-gold Red Chris mine in British Columbia and repay short-term debt.
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Galantas stock explodes after securing funding for Northern Ireland gold project
Eric Sprott was the leading investor in the C$8 million placement.
First Quantum sells 30% of Ravensthorpe mine for $240m
Company agreed to sell stake in its nickel mine in Western Australia to South Korean steelmaker POSCO.
A paper company wants to make a wooden rival to car batteries
Nippon Paper Industries is targeting new breakthroughs in the use of cellulose nanofibers, with the aim of creating supercapacitors that could store and release energy with vastly improved performance.
Iron ore price retreats as steel slides and BHP shifts into gear at South Flank
BHP’s South Flank project in Western Australia will announce first production in the next few days, CEO Mike Henry said.
Copper price tanks after China said it will stabilise commodity market
China will step up adjustments on the trade and stockpiling of commodities and reinforce inspections on both the spot and futures markets, state broadcaster CCTV reported.
Gold price rises to 4-month high as investors fly to safety
Gold has been buoyed by the combination of falling real bond yields and a weakening dollar.
Rusal plans split to focus on green aluminum
Company is driving the development of so-called “green aluminum,” with automakers and other consumers charged a premium for metal with a smaller carbon footprint.
Billionaire miner ready to bet on Argentina as Chile risk grows
Across the Andes in San Juan, the Swedish-Canadian group is in talks with Argentine officials about a multibillion-dollar project.
