Giant new iron ore mine may aid China’s push to cool prices
Iron ore futures are trading below $200 a ton after China’s cabinet called for tougher oversight of commodity markets.
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Azimut cuts 40 metres of 6.4 g/t gold at Elmer near James Bay
Azimut considers Patwon to be one of the largest gold finds in the James Bay region since Éléonore was discovered in 2004.
Mako nears commercial gold production in Nicaragua
The San Albino gold project in northern Nicaragua may reach commercial production at the end of the quarter.
Copper price rebounds, commodity demand signals “firing on all cylinders”
Recent weakening "still consistent with noise,” TD Securities analysts say.
The bitcoin crash of 2021 compared to past sell-offs
While bitcoin has been one of the world’s best performing assets over the past 10 years, the cryptocurrency has had its fair share of volatility and price corrections.
Nouveau Monde gets nod for NYSE listing, trading begins May 24
Shares of Nouveau Monde surged 9.4% on the TSXV.
Copper cupboard remains bare as discoveries dwindle — S&P study
South America was the top location for copper discoveries in the past 10 years.
Covid-19 lops 8% off mining capex spend in 2020 — report
Mining capital spending forecast of $176 billion is up 18% from 2020 and 2019 spends.
Swiss trader accused of laundering mafia money with diamonds
A Swiss trader stands trial on Thursday accused of knowingly buying diamonds worth $750,000 on behalf of Italian criminals to help them launder the proceeds of a $35 million tax scam.
