Venezuela sells $570m from gold reserve despite sanctions
Caracas sold about 9.7 tons of gold on May 10 and an additional 4 tons three days after, sources said.
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Canada injects $325K into ‘climate change adaptation’ for mining sector
Mining Association of Canada (MAC) will be in charge of developing program to give miners tools and knowledge needed to better plan for climate change.
Iron ore price tops $100 a tonne for the first time in 5 years
Increasing supply worries after Vale warns of another dam burst.
US agrees to lift steel, aluminum tariffs for Canada, Mexico
The reports come after U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau discussed the tariffs earlier on Friday.
Zambian president threatens Glencore, Vedanta with ‘divorce’
The threat marks an escalation in tensions between the mining industry in Africa’s second-biggest copper producer and the state, after an increase in royalties and plans to introduce new taxes.
British Columbia copper miners feeling pinch from carbon tax, power costs
BC Energy, Mines and Petroleum Resources Minister Michelle Mungall marked Mining Month last week by acknowledging that the industry provides 30,000 direct […]
StanChart is said to hire JPMorgan’s top mining banker in Asia
Michael Willoughby has been named co-head of metals and mining for the region at Standard Chartered and will be based in Singapore, sources said.
South African court clears way for Sibanye’s acquisition of Lonmin
The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.
Northern Superior discovers gold-bearing structures at massive TPK project in Ontario
The miner said the discoveries represent an important advance in defining bedrock-hosted high-grade gold mineralization, necessary to yield the unique world-class gold grain-in-till dispersal apron that the property hosts.
