VW plans to tap electric car batteries to compete with power firms Volkswagen's expansion in electric cars will open up new business opportunities in storing and managing energy. Reuters | March 12, 2020 | 1:27 pm
Teck targets 33% carbon reduction by 2030 The move comes just weeks after Teck walked away from plans to build the $15 billion Frontier oilsands mine. Amanda Stutt | March 12, 2020 | 1:26 pm
Wheaton hikes dividend on record gold output Company has declared its first quarterly dividend for 2020 of $0.10 per share, an 11% increase over last period. Jackson Chen | March 12, 2020 | 12:49 pm
Gold price drops more than $80 an ounce Gold price loses immunity to global financial markets carnage, recording one of the worst one day falls in futures trading history. Frik Els | March 12, 2020 | 11:40 am
Rio Tinto to pay ex-CEO’s deferred bonus with interest UK investigated payments to a consultant when Sam Walsh was the head of Rio's iron ore group. Reuters | March 12, 2020 | 11:36 am
Indonesia targets 11% increase in processed nickel output in 2020 Indonesia targets to produce this year 2.02 million tonnes of processed nickel, such as nickel pig iron and ferronickel. Reuters | March 12, 2020 | 10:39 am
Disruption: The new normal What was surprising about PDAC 2020 was how many people actually showed up, even with Covid-19 ripping around the world. Trish Saywell - The Northern Miner | March 12, 2020 | 10:33 am
Alrosa relaxes payment terms for diamond contracts amid coronavirus The world's largest producer of rough diamonds in carat terms fell in February as the risks related to the spread of the virus hit demand for gemstones. Reuters | March 12, 2020 | 10:33 am
Japan can’t quit its coal habit, nine years after Fukushima Nine years after the worst nuclear disaster since Chernobyl, the street lined by the trees is still uninhabitable. Bloomberg News | March 12, 2020 | 10:22 am