South African Shell-BP refinery purchase raises clean-up concern State-owned Central Energy Fund has agreed to buy the 180,000-barrel-a-day Sapref plant for a symbolic price of one rand. Bloomberg News | May 27, 2024 | 2:13 pm
Workplace Safety North, Ontario Mine Rescue appoint new CEO Mike Parent stepped into the interim role in September 2023. Staff Writer | May 27, 2024 | 1:24 pm
Vulcan rejects Mexico’s ‘illegal expropriation’ of its investments The company has been engaged in a years-long conflict with Mexico's government after officials ordered a halt to limestone quarrying at Vulcan's mining unit in 2022. Reuters | May 27, 2024 | 12:00 pm
McEwen outlines growing production pipeline with Grey Fox plans The current resource estimate for Grey Fox is 1.2 million oz. gold indicated and 236,000 oz. gold inferred. Staff Writer | May 27, 2024 | 10:30 am
Cameco closes $366 million debt offering The net proceeds will be used to retire Cameco’s outstanding 4.19% senior unsecured debentures. Staff Writer | May 27, 2024 | 10:18 am
CITIC Metal to sell up to 2% stake in Ivanhoe Mines The Chinese commodity trader is Ivanhoe's largest shareholder. Staff Writer | May 27, 2024 | 9:56 am
Arizona Lithium starts production drilling at Prairie project in Saskatchewan The start of drilling marks the launch of Canada's first commercial lithium production plant, the miner said. Staff Writer | May 27, 2024 | 9:21 am
Gold price rebounds ahead of US inflation data After setting a new record high of $2,449.89 last week, bullion has shed more than $100 since. Staff Writer | May 27, 2024 | 8:37 am
Funds are most bullish on gold in four years as prices hit record Hedge funds and other large speculators boosted their net-long position in Comex futures and options by 21,030 contracts in the week through May 21. Bloomberg News | May 27, 2024 | 8:21 am