Cobalt, Africa setbacks shrink Glencore’s first-half profit
Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016.
Latest Stories
Miners find out the hard way why cobalt is called the goblin
After a 50% drop in prices this year, cobalt has turned toxic for Glencore.
Revelo looking to create JV at Arrieros copper project
The Canadian miner separated its 14,000-hectare Arrieros project from the 30,000-hectare Montezuma project in Chile.
Rapaport calls for a reduction in rough diamond prices
The firm says that the weak July the diamond industry experienced was caused by high rough diamond supply at inflated prices.
Lucapa finds Mothae mine’s “best” diamond yet
The diamond received a D color rating, meaning it’s colourless and extremely rare.
Alamos Gold says ‘political agenda’ behind massive protest against its Turkish project
Opposition has grown on news that the miner allegedly exceeded the number of trees cut allowed by the government.
M3 Metals takes a second look at Block 103
Block 103 has an inferred resource of 7.2 billion tonnes grading 29.2% total iron in the Greenbush zone.
Hecla finds more high-grade lenses at Casa Berardi
The company has up to six underground drills turning at its Casa Berardi gold project 95 km north of La Sarre.
Spodumene supply surge sinks lithium prices
Australian producers hit as 33% year-to-date spodumene price decline accelerates with little prospect of short term relief.
