Stillwater lays off 119 workers
In the last year, spot platinum prices have slumped by almost a third.
Latest Stories
Uranium has a new hot spot: Haywood’s Mick Carew
Mick Carew explains how a Brazilian phosphate company with a first-rate product might produce for portfolios.
Lucara’s on a roll: three new diamonds recovered at Botswana mine
Since the recovery of the first large diamond from Karowe in 2013, the firm has found 216 gems at the site.
Brazil’s consultancy standarizes on AVEVA software
AVEVA software implemented on key Oil & Gas projects to improve design efficiency and will be rolled out across multiple industries
K+S secures major potash supply deal from its Canadian Legacy mine
The agreement with Kansas-based Koch Fertilizer comes as the European firm attempts to fend off a takeover bid from Potash Corp.
Copper down to fresh six-year low after China market falls
The red metal dropped to $5,012 on trading on the London Metal Exchange, approaching the level of $5,000 it last hit in late 2008.
Glencore plans to shut Eland platinum mine in South Africa, union says
The company had said in June it lacked the inside edge to make owning the precious metal worthwhile.
Canada’s Eldorado Gold buys 15% stake in Integra Gold
Deal will give Integra up to a $27 million-cash injection, allowing it to move forward with its Quebec-based Lamaque gold project.
Yuan dips, diamond demand rises
At the end of last year, China became the world’s second largest diamond consuming market. More Chinese people not only buy diamonds as a luxury, but also hold them as an investment.
