FPX Nickel raises $9m for Baptiste awaruite project development in British Columbia
The company will use the proceeds of the offering primarily to complete a prefeasibility study.
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Iron ore price rises on China property support
Government will allow developers to sell additional shares to acquire real estate assets to help stabilize the economy.
New Australia coal projects to increase methane emissions by 19%
If 15 planned coal mining projects in Australia enter operation they would boost the country’s methane emissions from the dirtiest fossil fuel by nearly a fifth, according to an analysis.
Dubai’s ENOC denies gold-for-oil barter talks with Ghana
Ghana, Africa’s second-largest gold producer, last week ordered large mining companies to sell 20% of the metal they refine to the central bank.
Russian tycoon to face new probe over Billionaire Bay villas
Russian billionaire Suleiman Kerimov and his family, which until earlier this year held a majority stake in Polyus, are set to face a fresh probe in France.
Gold price rises on dollar pullback, hopes of slower Fed rate hike
Investor focus will be on Fed Chair Jerome Powell’s speech at a Brookings Institution event on Wednesday.
Aluminum price climbs as tight supply outweighs China demand worries
The resumption of plants forced to go offline due to power issues in China has been slower than expected.
HighGold reports best intersection drilled at JT deposit in Alaska; stock rises
Drill hole JT22-152 returned 120.5 metres at 18.76 g/t gold, 0.55% copper, 3.86% zinc, 0.93% lead and 6 g/t silver (for 22.1 g/t AuEq).
United Tractors seeks gold, nickel in move to cut coal sales
Company is in “full throttle” for new metals and renewable assets as the Indonesian company aims to cut its reliance on coal to half the total income by 2030.
