PolyMet completes $195 million rights offering, with Glencore upping stake
The proceeds will be used to fund the company's portion of the NewRange JV with Teck.
Latest Stories
Endeavour Silver production up 18% in first quarter
Results were driven mainly by a 27% output increase at the Guanacevi mine and to a 1% jump at the Bolañitos mine, also in Mexico.
Copper price down, pressured by stronger dollar
US jobs data underscored a tight labour market, firming up expectations that the Fed will raise interest rates again.
Brazil Potash presses on with sensitive Amazon project
Legal challenges are mounting to the miner's plans for extracting the fertilizer ingredient from beneath the Amazon rainforest.
Five key charts to watch in global commodities this week
The Biden administration is expected this week to propose the toughest-ever curbs on pollution from new cars and light trucks.
Gold-based drugs hold potential as new antibiotics
New research has identified 19 gold-based compounds with the potential to treat multidrug-resistant superbugs.
Sumitomo Metal Mining to produce lithium from 2028
The Japanese company will also enter discussions with a major overseas resource developer, the newspaper reported.
Teck Resources calls Glencore bid a “non-starter”
Chief executive Jonathan Price warns that Glencore's proposed takeover would destroy value for the company’s shareholders.
Who are behind the gold and silver buying — part 1
Precious metals are back in the spotlight in 2023 as signs of economic slowdown continue to surface and cause uneasiness among investors, in turn driving up the appeal of safe havens.
