Tanzania wants large miners to refine, trade 20% of gold locally
Miners that will likely be affected by the move include Barrick and AngloGold.
Latest Stories
Trump mulls using defense powers to fund rare earth projects
Officials are discussing using the Defense Production Act to tap financing, loans and other means for rare earths element-related projects.
Flooding at Ivanhoe copper mine was self-induced, study suggests
The setback has cast uncertainty on a project touted as one of few across the mining world to be built ahead of schedule.
No takers for Nova Scotia uranium blocks post-ban lift
Nova Scotia, having recently lifted its decades-long ban on uranium exploration, says it has not received any bids for the recently announced request for proposals.
Copper clash shows cracks in decades-old pricing system
Teck Resources and Sumitomo are locked in a commercial dispute over a major copper supply deal.
Mali hearing on Barrick’s Loulo-Gounkoto gold complex adjourned to June 16
Outside of court, negotiations between the two sides continue, according to Reuters.
Amaroq raises £45 million to fund Greenland expansion
EIFO, Denmark’s state-backed export and investment fund, was among the notable participants.
Gold price surges to one-month high on Middle East tensions
Spot gold is closing in on the $3,400 mark for the first time since early May.
Cassiar adds 7M new indicated tonnes to Taurus resource
The company has converted almost 20% of inferred tonnages to indicated over the first estimate from three years ago.
