Australia’s Galaxy Resources to sell tenements in Argentina to POSCO for $280 mln
The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.
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Avanco axes Brazil copper mine production over truck drivers strike
The company had warned last week that operations at the open pit mine would be affected by the strike, as fuel and consumables failed to be delivered to site, while road blocks on highways prevented sending output to port.
Newmont sells its royalty portfolio to Maverix Metals for $17 million, stake in the junior
Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common shares.
World’s largest diamond miner De Beers to sell synthetic stones
After vowing for over a century it would never sell stones made in laboratories, De Beers will start doing so in September.
Hedge funds have never been this bearish on platinum price
Large scale speculators in platinum futures go shortest ever as Europe industrial policy chief says "diesel cars are finished".
Mexico violence hits Canadian silver miner’s operations
Pan American Silver Corp became the latest company to curtail operations in Mexico due to rising violence and crime.
Early stage projects are located in mining-friendly jurisdictions
Worldwide there are over 30,000 exploration projects.
Billionaire’s battered miner may face investor, political unrest
A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index.
Alaska wants cold crabs and colder gas to narrow China trade gap
A planned LNG project alone would shrink the trade gap between U.S. and China by up to $10 billion a year says Governor Bill Walker.
