Nornickel 2020 profit sinks 39% as $2bn set aside to cover fuel spill fine Company has been fined $2-billion for the damage caused by the spill last year in Russia's worst environmental disaster in the Arctic. Reuters | February 16, 2021 | 9:42 am
Petra Diamonds raises doubt on ability to continue as a going concern The company said it was relying on the successful completion of its restructuring to continue as a going concern. Reuters | February 16, 2021 | 9:32 am
Cornish Metals closes £8.2m financing, starts trading on AIM Proceeds of the equity financing will be used to fast-track drilling at the United Downs copper-tin project. MINING.COM Staff Writer | February 16, 2021 | 9:26 am
Fortescue COO, executives step down amid Iron Bridge review Greg Lilleyman and two other executives have resigned as part of a review of its Iron Bridge Magnetite project in Western Australia. Reuters | February 16, 2021 | 9:23 am
Ivanplats to fund up to $420m for palladium, platinum mine The project in Limpopo province is also assessing mining of rhodium, nickel, copper and gold. Reuters | February 16, 2021 | 9:13 am
Gold, silver funds see biggest weekly outflows in three months Investors net sold $1.4 billion in precious metal funds in the week ended Feb. 10. Reuters | February 16, 2021 | 9:01 am
China eyes rare earth export curbs for US defense – FT "The government wants to know if the US may have trouble making F-35 fighter jets if China imposes an export ban," the FT reported. MINING.COM Staff Writer | February 16, 2021 | 8:47 am
Kodiak preps 30,000-metre drill program at MPD copper-gold project in BC The company drilled 6,698 metres in nine holes last year at the Gate zone. Canadian Mining Journal Staff | February 16, 2021 | 8:25 am
Is platinum’s explosive rally the start of a bull run? Metal has broken out of more than a decade of price weakness to reach its highest since 2014. Reuters | February 16, 2021 | 8:24 am