Scotiabank takes $168 million hit as it shuts historic gold unit
The bank has been caught up in regulatory scrutiny of its precious metals trading.
Latest Stories
Sierra Metals waiting on gov’t consent to restart Yauricocha mine
The extension of national lockdown in Peru could delay the mine restart until June 30.
Iron ore defies covid-19 gloom with bullish supply
Softer export numbers from Australia and Brazil suggest that June may see a bit of a pullback in China’s imports.
Taseko starts Yellowhead copper project talks
It will discuss plans to kick off regulatory approval process for Yellowhead with the local First Nation.
USA Rare Earth finishes Phase 1 testing for Texas project
USA Rare Earth plans to establish a domestic rare earths supply chain.
Sienna to acquire EMX’s Ni-Cu-Co-PGE project in Finland
Both Sienna and EMX are focusing their efforts in northern Europe.
Minerals Council of Australia proposes roadmap for post-covid-19 recovery
The industry group requested that the federal government adopts a series of reforms to boost the mining sector.
New Century eyes Vale’s New Caledonia mine
The zinc miner plans to buy 95% of Vale's assets on the Pacific island.
Gold giant Australia is firing back up a record exploration boom
Gold miners in Australia are set to leapfrog China next year to become the top producer.
