Fortescue profit spikes on iron ore price jump, but dividend seen conservative
The miner declared an interim dividend of A$0.76 per share, up from A$0.19 per share last year.
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Excellon expands high-grade zones at Mexico silver properties, stock jumps
Last year, Excellon produced 2 million oz. of silver-equivalent.
Sandvik’s OptiMine to optimize operations at Kemi mine
Sandvik’s OptiMine will replace several existing systems and integrate them into one solution.
Rick Rule: Buying this may be the best opportunity in exploration
Prospect generators are a great resource to reduce financial risk of developing a project.
Zimbabwe threatens to withdraw mining licences over unpaid fees
Those who owe money are being given until April 30 to pay up, failing which the mining title will be lost.
Chile says copper price to recover soon from coronavirus impact
China is the world's top copper consumer, and Chile is the red metal's top producer.
Retail margins could be boosting man-made diamond sales
Despite the growth in the availability, it is estimated that still only 1 in 5 diamond retailers in the U.S. carry man-made diamonds.
ALROSA sells 6-carat pink diamond
As part of a traceability initiative, a short film is automatically generated on ALROSA’s digital platform based on information about each diamond available.
Rio to build $98-million solar plant at Koodaideri
The plan includes a lithium-ion battery energy storage system that would help power the miner’s entire Pilbara power network.