Less than half the gold sent to big refiners comes from mines
LBMA says the majority comes from recycled gold such as jewellery, bars and coins returned to the market to be melted and refashioned.
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Rio Tinto to develop bonded area operations for blending iron ore at Dalian port
Dalian port has blended over 46 million tonnes of iron ore within its bonded area since 2016 when it first started the operation, the most among Chinese ports.
Communities to decide Ecuador mining projects’ fate
Referendums to ban large and medium scale projects can only be about future mining rights and won’t be retroactively applied to concessions granted prior to public vote, top court has ruled.
Texas Minerals consortium to produce rare earths from coal waste
The consortium’s goal is to install a pilot plant at a Jeddo Coal Company site in Pennsylvania capable of producing 1-3 tonnes of rare earth oxides from coal byproducts.
GE to exit new coal projects
The energy giant said that the measure may involve divestitures, site closings, job losses and impacts to publicly held subsidiaries.
Hochschild Mining presses reset on Peruvian operations
Its San José mine in Argentina is slated to reach full production in the fourth quarter.
Great Bear starts metallurgical testing at Dixie
To date, over 80% of the holes drilled into the LP fault, Dixie Limb and Hinge zones returned visible gold, with the mineralization in the form of free gold, and not bound to or within sulphides.
Eskay drills near-surface VMS mineralization at TV target in BC
The section includes higher-grade intervals, such as 1.2 metres of 182 g/t silver and 5.46 g/t gold (7.99 g/t gold-equivalent).
UEC increases public offering to $15 million, stock tanks
Shares of Uranium Energy Corp. plunged 18.6% at market close Monday.