MMG’s half-year loss doubles as covid-19 hits prices
Company posted a half-yearly loss attributable to shareholders of $158 million, compared to an $81 million loss reported last year.
Latest Stories
Kazatomprom to maintain uranium output cuts through 2022
Company will extend its current 20% output cut through 2022 to help the market for the metal recover.
China plans to boost cobalt reserves as virus spurs supply risks
Cobalt prices have climbed 10% in the past month amid concerns that shipments could be affected by anti-virus measures in parts of Africa.
Alaska Republicans back Northern Dynasty Pebble mine
The party resolution, dated August 9, states it “unequivocally” supports the responsible development of the proposed copper-gold mine.
Alaska uranium site cleanup may open door for Ucore’s REE project approval
The US Forest Service approved environmental renewal activities on the former Ross Adams uranium mine site.
Braveheart to acquire Cu-Ni-PGE project in Ontario
The Calgary-based miner is looking to diversify its portfolio.
Sierra Leone freezes assets of Steinmetz diamond unit
The country's High Court interim order affects the assets of Octea, a subsidiary of BSGR, and is linked to a lawsuit over alleged environmental damage.
Jetti Resources’ quest for copper mining’s holy grail
New technology makes it possible to extract copper from low-grade primary sulfides like chalcopyrite, CEO says.
Buffett’s indicator tells him to buy gold
It now appears Buffett is scared too, of where current US stock markets are heading, and is buying gold as insurance.
