Don’t bet on platinum miners boosting supply on price surge
Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa.
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Antofagasta to stay put on dividend policy but will return cash to shareholders
The company will retain its dividend policy of paying out at least 35% of underlying net earnings, but will pay out excess funds from the proceeds of sales to shareholders,
Freeport plans no dividend hikes, M&A for 2 years to focus on Grasberg – CEO
Freeport-McMoRan plans no dividend raises, acquisitions or debt buybacks over the next two years.
World’s biggest platinum miner braces for tough wage talks
The largest union in the platinum industry wants its members to share the benefits of higher prices.
The pipeline Canada doesn’t know
World’s largest CO2 pipeline is being built in Alberta, but underground sequestering of carbon gets little love from governments.
Purepoint completes initial fieldwork at Hook Lake
The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district.
Rio Tinto to join World Bank’s green mining program
Rio Tinto plans to offer technical consulting advice, as well as contribute $1 million over five years to the program.
Indonesian gold miner Amman is said to consider $600m IPO
The company is reportedly working with advisers to list in Jakarta as early as the fourth quarter.
Best argument for gold standard is Trump himself
Today’s case for the gold standard is based on the view that these recent decades of good fiat money management are a historical outlier and cannot be sustained.