Australia’s Wesfarmers hints takeover battle for Lynas not over
Comments foreshadow an intense takeover battle for the only proven producer of rare earth elements outside China.
Latest Stories
Told-you-so rout hammers palladium in worst week since 2016
The metal hit an all-time high on March 21 after a massive rally that spurred predictions a reversal was inevitable.
Russia is stocking up on gold as Putin ditches U.S. dollars
Within the span of a decade, the country quadrupled its bullion reserves, and 2018 marked the most ambitious year yet.
Chile’s Codelco copper output drops in 2018, profits plunge
Pizarro said 18 labor negotiations at Codelco's mines affected its bottom line but that productivity increases kept costs in line with industry averages.
Maverix to buy most of the silver from Ascendant’s Honduran mine
The Vancouver-based company will make an advance payment of $7.5 million for the right to purchase 22.5% of the silver produced from El Mochito mine.
American Manganese to help US government recover lithium-ion battery materials
The miner is the only private sector company taking part in the project to recover critical materials.
Polish detectorists looking for ‘Nazi Gold Train” finds another kind of treasure
Piotr Koper, who spent years hunting for the elusive train rumoured to be laden with gold and gems, has found two dozen priceless Renaissance portraits.
Petra Diamonds shares jump on 425-carat discovery at Cullinan
The discovery comes less than a month after Petra found a 100.83 carat gem-quality diamond at the same mine.
Europe aims to take its place on the global EV battery production stage
Europe has a dedicated €600 million stream of projects on raw materials. A lot of it is about innovation in the technologies used in mines.