Glencore’s risk appetite dwindles, fueling focus on safer regions The company is quickly expanding into a part of the world that would have been improbable just a few years ago: Minnesota. Reuters | September 9, 2019 | 12:02 pm
Caterpillar introduces first Cat® Down-the-Hole Hammer and Bits for blasthole drilling The new Cat DTH Hammer is 152 mm (6 in.) in diameter and is the first to be introduced in the new DTH line. Caterpillar | September 9, 2019 | 11:25 am
Alrosa seeks to brighten up its fluorescent diamond sales Diamond miners are seeking new approaches to battle falling demand and competition from diamonds manufactured in laboratories. Reuters | September 9, 2019 | 10:44 am
Pure Gold starts construction of Madsen mine The Madsen Red Lake mine is said to be the highest grade development-stage gold project. Jackson Chen | September 9, 2019 | 10:28 am
Platinum giants say union declares dispute in wage talks The producers have rebuffed AMCU’s initial demands for a 48% wage increase, which some say would lead to job losses and mine closures. Bloomberg News | September 9, 2019 | 10:14 am
Russia’s gold stash now worth more than $100 billion Russia’s long-running bet on gold is looking better every month. Bloomberg News | September 9, 2019 | 10:03 am
First Cobalt favors quick restart of Canadian refinery Glencore agreed last month to fund a feasibility study to restart and potentially expand the refinery. Reuters | September 9, 2019 | 9:07 am
Copper finely poised between negative macro and robust micro — opinion Copper last week hit a year-to-date low of $5,518/tonne in the London market as the macroeconomic picture becomes ever gloomier. Reuters | September 9, 2019 | 8:54 am
Benz evaluating exploration program for Eastmain Mine in Quebec The Eastmain Mine gold project is owned by Eastmain Resources but Benz entered into an option agreement to acquire a 100% interest in the former producing operation. MINING.COM Staff Writer | September 9, 2019 | 6:20 am