RioZim demands $92m from the Reserve Bank of Zimbabwe
The Zimbabwean miner claims it has failed to receive $48m due in payments from the central bank for its sales in dollars, suffering losses of $44m due to lost production.
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Walker River Resources starts drilling at Lapon Canyon gold project in Nevada
The project consists of 96 claims that occupy 1,940 acres.
Silicon eyed as way to boost electric car battery potential
About 500,000 electric vehicles (EVs) were sold globally in 2016, a figure that is expected to jump sevenfold by 2022 - U.S. Energy Information Administration
Global oil demand under growing threat from electric cars, cleaner fuel
Analysis shows oil consumption growing in coming decades, due to rising petrochemicals, trucking and aviation demand but meeting this growth in the near term means that approvals of conventional oil projects need to double.
Osisko cuts 84 g/t over 5.3 metres at Windfall Lake
They don’t call it “Windfall” Lake for nothing.
IDM expands Red Mountain program with third drill
The company has increased its drill program by 5,400 metres; it will now drill 13,000 metres across 54 holes.
Marathon Gold advances Marathon deposit with more drilling, updated PEA
The Marathon deposit has the potential to develop an underground mine but for now management believes it’s more cost-effective to find open-pit resources at US$10 per ounce rather than more costly underground resources.
S.African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal
South Africa's Sibanye has proposed to buy Lonmin for about 285 million pounds ($365 million) to create the world's No. 2 platinum producer.
Zinc market enters period of peak tightness: Andy Home
Given the tightness in zinc metal availability, smelter supply currently trumps mine supply.