Sibanye braced for profit hit from lower prices, US output
Company expects its half-year profit to fall by as much as 53% due to weaker PGM prices and lower output from its US operations.
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Mining People: Lucara Diamond, Jubilee Gold, Vedanta, Leeward, Perpetua, Austin Gold
Key moves in the mining sector.
Summit Nanotech, Power Minerals planning JV to accelerate lithium production in Argentina
Summit and Power signed a binding term sheet leading toward a JV to accelerate lithium production at the Salar de Incahuasi in Argentina.
Dynasty Gold denies allegations of using forced labour in China
The company says that the mineral exploration program at the heart of CORE's allegations was conducted by a joint venture, in which the company was a funding partner.
Aya Gold & Silver expands drilling program in Morocco
The company has more than doubled its planned drilling at the Boumadine polymetallic project.
Australia’s Aboriginal groups gaining bigger voice in new energy deals
Aboriginal groups have so far had limited say in mega-projects rolled out across Indigenous lands.
LME’s proposal on coarse nickel powder needs more work on packaging
The idea about the powder is part of a program to address low inventory levels and boost liquidity in electronic trading.
Red Pine drills up to 34.64 g/t Au at Wawa
The presence of near-surface gold mineralization is further confirmed with diamond drilling over a strike length of 150 metres.
China’s low copper inventory data belie sufficient supply
Chinese copper stocks readily available in the spot market totalled 82,600 tonnes on Aug. 14, up 17.5% year-on-year.
