Petra Diamonds revenue takes hit from Tanzania crackdown
Petra Diamonds Ltd's first quarter revenue fell by 17 percent after Tanzanian government last month seized consignment of diamonds from its Williamson mine.
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Hedge fund sues Barclays Bank for £650M over alleged copper market rigging
Red Kite, the largest metals hedge fund in the world run by UK Conservative Party donor Michael Farmer, is alleging that Barclays Bank attempted to rig the copper market through insider dealings with the London Metal Exchange.
Cenovus sells Palliser oilfield for $1.3 billion
Cenovus Energy (TSX, NYSE:CVE) last week unloaded another key asset.
China’s Jinchuan eyes new nickel, cobalt project to tap electric vehicle boom
China’s top nickel producer, will next year start building a new project in Guangxi that will produce raw materials for electric vehicle (EV) batteries, its chairman said, looking to tap the sector’s “explosive” demand.
The massive impact of EVs on commodities in one chart
What would happen if you flipped a switch, and suddenly every new car that came off assembly lines was electric?
Rio Tinto wants out of Grasberg now
New report says Rio talking to Indonesian groups to sell interest in giant copper, gold mine – Freeport still at loggerheads with Jakarta about stake sale.
Bacanora secures environmental permit for Sonora project in Mexico
Permit lets Bacanora go-ahead with its 35,000tpa (tons per annum) lithium carbonate operation in Mexico.
Shares in Quebec junior surge on Michigan reserves update
Highland Copper jumps 18% after announcing a 46% increase in resources at its Copperwood copper and silver project in Michigan's Upper Peninsula.
Invest in platinum, palladium, or rhodium?
David Morgan uncovers supply and demand fundamentals on mining, cost of production, utility, and ratios in Proven and Probable interview.
