BHP said to owe $215m in underpaid iron ore royalties to Western Australia
State claims BHP used its wholly-owned Singapore marketing hub subsidiary to understate the price of iron ore sold Japan and China buyers.
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Australia’s MOD rebuffs Sandfire’s $63m takeover bid, but willing to negotiate
MOD also said it would raise about A$15 million via a share placement and rights issue, with the majority of the proceeds to be used to advance the T3 copper project in Botswana towards production.
Pancontinental expands in Ontario’s Montcalm Greenstone Belt
Pancon now controls more than 157 square kilometres west of Timmins.
Berkshire’s lithium venture may supply U.S. automakers, including Tesla -FT
Warren Buffett's Berkshire Hathaway Inc has signed an agreement to allow extraction of lithium from its geothermal wells in California.
Gold stocks remain in a downtrend
Take a look at the charts of any gold stock index (GDX, GDXJ, HUI) and it’s clear they are in a downtrend.
Combayo residents to protest against Minera Yanacocha in northern Peru
According to local media, people are blaming the miner for polluting the Mashcón river and its tributaries.
Chile’s mining development corporation has a new boss
Robert Mayne-Nicholls has worked in companies such as Codelco, Antofagasta and Barrick Gold.
Gold, silver and platinum now printed directly onto fabrics
Up till now, metals were printed onto fabrics by coating the fabric with plastic.
Record $93B private capital flows into natural resources
But only sliver of funds raised destined for mining and metals