‘Skinny’ South32 disappoints on debut
Market valuation at lower end of expectations on worries over dearth of reserves. BHP stock falls 6%.
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Platinum price at 6-week high on deficit predictions
New report highlights falling mine supply outside of Southern Africa and increased jewelry demand from China.
China Gold cranks gold, copper production in Q1
A doubling of mill processing capacity at the CSH Gold Mine in Inner Mongolia is credited for a 51 percent increase in gold production at China Gold International Resources Corp. (TSX:CGG) in the first quarter.
Rio said to sell $1B worth of aluminum assets
Rio Tinto (ASX:RIO) is reportedly selling its Pacific Aluminum business - a group of smelters in Australia and New Zealand - in a deal potentially valued at $1 billion.
Barrick backs out of Nevada exploration JV
Barrick Gold (NYSE, TSX:ABX) has exited a joint venture agreement to develop a property in Nevada, citing budgetary constraints.
Eaton presents smart mobile valve
The machine features onboard electronics and sophisticated software algorithms that provide more flexible configuration and more immediate communication.
Canada to cut 30% of emissions by 2030, including oil sands
While the ambitious target doesn’t include specifics for the oil sands, they are included in the plan, says the government.
S. Africa chamber of mines refutes Govt. data, says members meet black ownership targets
Saying that just over 20% of miners had met the black economic empowerment criteria is to tun a blind eye to the progress members have made so far, claims the ming group.
At least 28 Nigerian children killed by lead poisoning from illegal gold mining
Doctors found the victims had levels of lead in their blood that were 17 to 22 times higher than what it is internationally accepted.
