Trump administration opens up Minnesota wilderness area to copper mining
The U.S. Interior Department on Wednesday renewed two mineral leases near the Boundary Waters Wilderness area in Minnesota.
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Lithium Americas names new CEO, quarterly loss shrinks
Lithium Americas posted a first-quarter net loss of $4.5 million, compared with $4.6 million in the year-ago period.
Azimut Exploration, SOQUEM strike alliance
The alliance comprises nine gold and copper-gold major properties totalling 7,149 claims with a surface area of 3,277 sq. km.
Positive heap leach test results lift Marathon Gold’s shares
The latest results are more favorable than the 59% gold recovery used in a preliminary economic assessment completed in October 2018.
Trump likes fossil fuels but investors don’t
As lucrative as the overall stock market has been for investors during the past two years, clean-technology shares have done even better.
Army puts backers off multibillion-dollar Zimbabwe platinum mine
A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers.
Aurubis confirms bleak profit outlook on lean markets, shutdowns
Europe's largest copper producer expects operating pre-tax earnings in its 2018/19 fiscal year to fall significantly by more than 15% compared with the previous year.
Platinum firms gear up for tough South Africa wage talks
A rise in producer profits is likely to provoke higher wage demands from labour unions including the militant AMCU.
Lonmin likely to cut fewer jobs due to revenue boost – CEO
Higher prices for a basket of Lonmin's metals and a weaker South African rand helped the London-listed miner to an annual pre-tax profit in 2018, its first since 2013.
