BHP, Vale get extension to settle $48 billion Samarco claim
BHP Billiton Ltd and Vale SA have secured a 150-day extension from a Brazilian court to negotiate a settlement of a $48 […]
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Nevada Copper names new VP-COO, updates Pumpkin Hollow project
The company's new strategy includes a pre-feasibility study that envisions a high-grade underground mine and puts on hold development plans for the project’s larger open-pit deposit.
Rio Tinto’s M&A madness
Some companies are good at takeovers. Rio Tinto Group isn't one of them.
Canadian diamond discoveries could close pending supply gap
With global diamond demand forecast to grow at approx 3.5% annually over next five years, a supply gap down the line seems inevitable if forecasts hold.
Russia’s VTB Capital aims to double gold sales to China in 2018
Russia's gold-trading banks trying to increase presence in Asian markets, especially since demand for Russian gold in European trading hubs slow since 2014.
Russia miner Nornickel sees capex rising by 2019-2020
The company plans to increase capital expenditure to an average of $2.3 billion to $2.5 billion a year in 2019 and 2020 from about $2 billion in 2018.
Norilsk Nickel to increase 2017 palladium purchases
Head of Global Sales and Marketing Markus Meurer said purchases in 2017 would rise to as much as 600,000 oz of palladium, compared to 160,764 oz last year.
Top Glencore executive quits Katanga board after accounting lapse
Katanga, which operates cobalt and copper mines in the DRC, said Aristotelis Mistakidis, Liam Gallagher and Tim Henderson had tendered their resignations.
Vale says still looking to sell stake in New Caledonia nickel mine
The miner denied it had decided to suspend the sale of a stake in its loss-making New Caledonia nickel mine (VNC), and added that its plan to find a partner is still a go.
