Freeport, Indonesia work out Grasberg deal
US copper giant to be given temporary exemption under new mining rules to resume copper exports from Grasberg mine.
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Caterpillar will move headquarters to Chicago
Previously-announced Peoria complex will not be built.
Deutsche Bank won’t finance any coal projects any longer
It has decided not to finance any greenfield thermal coal mining or coal-fired plants and it will also reduce its existing exposure to the sector.
Moon Express ready for first private lunar trip after raising another $20M
The private space exploration firm has enough money to hit the moon by the end of 2017.
Gold soars past $1,200 on Trump’s immigration ban, comments on Germany
Spot gold climbed 0.4% to $1,200.00 per ounce in early trade, while April Comex bullion was last up $10.20 an ounce at $1,206.30.
Lucapa adds Motahe project in Lesotho to portfolio, shares jump
The project, which has existing infrastructure, a camp and a diamond processing plant in place, is located just 5km from Letšeng, the highest dollars-per-carat kimberlite diamond mine in the world.
Time to step up: resource sectors need Canada’s media now more than ever
Fake news was around long before Donald Trump made it a thing—and it was hitting hard at Canada's most important industries
US mines produced an estimated $74.6 billion in minerals last year
The country, however, was 100% import reliant on 20 mineral commodities, including rare earths, manganese and niobium, which are among a suite of materials often designated as “critical” or “strategic.”
Hedge funds have never been this bullish about copper price
Chile closes ports servicing some of the world's biggest copper mines due to rough seas while Escondida strike looms.
