World Bank, Germany, Rio and Anglo set up “climate smart” mining fund
The World Bank is targeting a total investment of $50 million, to be deployed over a 5-year timeframe.
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Gold Fields acquires 16% stake in Chakana Copper
One of the largest gold mining companies in the world has taken a shine to Chakana Copper and its Soledad project in Peru.
Stop feeding the Chinese ‘Belt and Road’ trojan horse
The “New Silk Road” is the term for an ambitious trade corridor first proposed by the Chinese regime under its current president, Xi Jinping, in 2013.
Mexico to recover bodies of miners killed in 2006 blast
President Andres Manuel Lopez Obrador has pledged to recover the 63 remaining bodies of miners killed in the Pasta de Conchos mine explosion in 2006.
INFOGRAPHIC: Metals and minerals used in renewable power generation
Global demand for strategic minerals like lithium, graphite and nickel will skyrocket by 965%, 383% and 108% respectively by 2050, according to the World Bank’s updated 2018 projections.
Australia iron ore exports rebound in April, but not enough
Australian exports were about 69.1 million tonnes in April, up 20% from 57.5 million tonnes in March.
How Russia contaminated $2.7B of oil exports to Europe
For 10 days, refiners and oil firms in Europe cut purchases of Russian oil by up to a million barrels a day after finding out crude from the Druzhba pipeline network was heavily contaminated.
World’s top uranium miner Cameco swings to loss in first quarter
The uranium producer logged a C$18.3 million loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago.
Iamgold CEO expects more buyout deals in gold industry
The industry's buyout frenzy was sparked earlier this year when Barrick Gold Corp and Newmont bought Randgold Resources and Goldcorp, respectively.
