Trading houses caught in crossfire of Russian oil contamination
Trading houses Vitol, Glencore and Trafigura are caught in the crossfire between Russian oil producers and Western buyers.
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Rusal’s political comeback powered by “green” aluminium
In April, Rusal landed a major equity and supply deal with Braidy Industries, which is building the first greenfield aluminium rolling mill in the United States in 37 years.
Kinross mulls options to resume long-term operations in Chile
The Canadian miner may soon make a decision about returning to long-term production in Chile.
Polished diamond prices drop in April — report
According to Rapaport, the price of 1-carat diamonds slid by 1% year-to-date and the price of 3-carat diamonds fell by 6.1% year-to-date.
Rio Tinto and Caterpillar to build intelligent mine in Western Australia
Once completed, the mine will have an annual capacity of 43 million tonnes, underpinning output of the Pilbara Blend, Rio Tinto’s flagship iron ore product.
Barrick Gold to sell $1.5B in assets, but open to acquisitions
The goal is for the sale process to be well advanced by mid-2020.
Record earnings, free cash flow for Kirkland Lake Gold in Q1
The company's revenue grew 54% to a record $304.9 million.
Kinross Gold reports strong Q1 results — on track to meet 2019 guidance
Production cost per ounce was $682, a win for Kinross, with 2019 guidance set for $730 per ounce.
In the land where coal is king, mine jobs outweigh climate fears
Coal is Australia’s second-largest income generator after iron ore, and many lawmakers welcome efforts to boost an industry that brings in A$60 billion ($42 billion) a year.
