China admits 40% of magnetic rare earths supply is illegal
World's dominant supplier of rare earth elements reveals a huge portion of supply used in magnets is illegally mined; much larger than initially anticipated
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Greenland explorer tearing it up after assays
Vancouver-based junior jumps 7% after assays from prospect on 3,600km2 coastal property returns strong copper-nickel-cobalt and platinum group results.
Vancouver junior jumps after bulking up West Africa project
Preliminary assessment of one-year old blind gold discovery at True Gold's Karma property adds $118m in after-tax free cash flow to Burkina Faso project.
WDMF and Turkish Jewellery Exporters Association sign MoU, launch World Diamond Magazine at Istanbul Jewellery Show
"In practical terms, this means that the WDM's first pilot programme for accredited retail members, i.e. Authorized Diamond Dealers (ADDs) will begin in Turkey, one of the most exciting, and rapidly growing luxury product consumer markets..
African Potash stock up on fresh potash finding in Congo
The miner intersected multiple potash seams at the second exploration drill hole at its Lac Dinga potash project.
Citibank acquires Deutsche commodities trading book
Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.
Chile’s Codelco to seal $1 billion deal with the UK
The giant copper miner is also planning to sell about $8 billion of bonds over the next five years to help finance a nearly $30bn investment program aimed to revamp its aging mines.
The Lundin’s look to Chile for copper’s next run
The firm is developing a trio of staggeringly huge copper deposits on the Chilean-Argentine border that contain a total of over 28 billion pounds of copper and 19 million ounces of gold resources (only two of the deposits have resource estimates on them).
