Wyloo seeks takeover of nickel explorer Mincor Resources
Wyloo offered to buy all the shares of nickel miner Mincor it does not already own for an implied equity value of $504 million.
Latest Stories
Vital Metals announces board and management changes
John Dorward has resigned as a director of the company immediately and as CEO with three months’ notice.
Former director of Tesla Australia sentenced for insider trading
The Australian Securities and Investments Commission found that Kurt Schlosser purchased shares in Piedmont after being informed of details of a five-year spodumene concentrate supply agreement.
First Majestic stock plunges as it shuts down Jerritt Canyon gold mine in Nevada
The Jerritt Canyon operation was expected to produce between 119,000-133,000 oz. of gold this year.
JPMorgan owned the LME ‘nickel’ that was actually bags of stones
It’s not clear whether the bags ever contained nickel, and whether the issue is a result of error, theft or fraud.
Barrick commits $30 million to expansion of education infrastructure in Tanzania
The Barrick-Twiga Future Forward Education Program's objective is to build 1,090 classrooms, 1,640 ablution blocks and 270 dormitories across 161 schools nationwide.
Thor Explorations more than doubles resource at Senegal gold project
The updated estimate’s 1.78 million oz. of contained gold is a 144% increase compared with an initial resource in November 2021.
Trafigura sees fresh copper price records within a year
The world’s biggest copper trader believes the metal could even surpass $12,000 a tonne within 12 months.
Gold price backs off after surpassing $2,000, nearing record high
"Gold's volatility reflects that the market is digesting the recent shotgun wedding between Credit Suisse and UBS and the possible contagion."
