China’s GEM is said to stop buying cobalt from Glencore
Last week Glencore warned that some buyers in China reneged on contracts after seeing prices plunge, forcing the company to renegotiate the commercial terms of the deals.
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Paulson’s success at Detour Gold could serve as ‘template’ for future activism
Paulson's campaign could have implications across the sector, where activism is historically low, returns have been disappointing, compensation is above-average and insider ownership is below-average.
Australian rail workers postpone coal haulage strikes as cyclone looms
Aurizon's 4 major railways in the Bowen Basin of Queensland, the world's largest coking coal export region, carry coal from mines owned by BHP Billiton , Glencore , Anglo American and Peabody Energy.
Barrick ups investment in Reunion Gold, hopes for big payoff in Guiana
The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Quebec-based miner unchanged.
Mineral Resources inks $1.15B lithium JV deal with Albemarle
The joint venture will allow the American lithium producer, the world’s No. 1, to expand its presence in Australia.
Firestone shares shoot up after finding 46-carat diamond in Lesotho
The gem-quality white stone was recovered undamaged, the miner said, and will be sold at the next tender in January.
Platinum price gets $6 billion shot in the arm
But short term pain will persist.
Delrey Metals acquires vanadium assets in British Columbia
The Blackie property is located in a historic mining district.
Wesdome upgrades Kiena resources, extends Deep A zone along plunge
Wesdome Gold Mines of Toronto has circulated an interim mineral resource for its 100% owned Kiena mine complex in Val d’Or.