Gold heads for month low as U.S. senate passes Trump’s tax cuts
Metal for immediate delivery traded 0.5 pct lower at $1,274.20 an oz. as of 10:48 a.m. New York time. A close at that level will be the lowest since Nov. 3.
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Vale to use cash flow to pay dividends, reduce debt -CEO
"The first thing we are going to do with the cash is pay debt, and then we are going to make this company's shareholders happy as never before," said Chief Executive Officer Fabio Schvartsman.
De Beers steps up efforts to remove ‘conflict diamonds’ from the market
Diamond giant is investing in an open platform that will allow tracing a rock throughout the entire value chain — from mine to buyer.
Rio Tinto aims for “intelligent” Australian iron ore mine
This intelligent mine would cost around $2.2 billion to develop and incorporate technologies such as robotics, driverless trains and trucks on a single site.
Rio Tinto appoints one of its own as the company’s new chairman
After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.
Gold company’s stock jumps 1300% after switching to bitcoin
Bitcoin has been kicking the stuffing out of most mining stocks lately, as the cryptocurrency continues to climb to new heights.
Who will fund Adani’s Carmichael coal mine? Not China
The shovels are in the ground at the Carmichael coal mine in Queensland but the bankers have yet to open their wallets.
EPA passes on rule covering U.S. hardrock miners’ cleanup costs
The agency won't act on a proposal to require hardrock mining companies to show they can afford to clean up their sites.
First Cobalt merges with CobalTech
The company is redeveloping the Keely-Frontier mine, a high-grade mine that produced over 3.3 million pounds of cobalt.