British Columbia capitalizes on advantage in mining
The province has bumped up the budget of the Ministry of Energy, Mines and Petroleum Resources by $20 million to reduce permitting backlogs.
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New York pension to coal firms: Evolve or we’ll divest
The fund is reviewing 27 miners that earn at least 10% of revenue from mining thermal coal.
Gold price: India suffers demand shock
Indian gold supply for domestic consumption fell 62% in second half of 2019, Refinitiv reports.
What every mining CEO needs to know about climate change
A new report by McKinsey found 30 to 50% of production of three top commodities is concentrated in areas where water stress is already high.
Atalaya hits snag in Proyecto Touro permitting, stock declines
Shares of Atalaya Mining dropped by 8% at market open Wednesday.
Gold ETFs hit seven-year high and it’s not just the virus
The latest influx into bullion-backed ETFs follows four straight years of inflows.
Governor of Yakutia says Mir diamond mine to reopen in 2024
While Alrosa and regional authorities say the reopening is under study.
Investors urge drillers, miners not to take advantage of Trump environmental rollbacks
The push by the investors comes amid increasing attention by investors to climate and environmental issues.
Palladium’s biggest miner says market is in a bubble
Nornickel observed significant tightness in the London and Zurich palladium ingot market in January.