Nigeria’s first gold refinery scheduled to be ready next year
The refinery will initially be able to produce 3 metric tons of gold each month, and 1 ton of silver.
Latest Stories
Giant 552-carat yellow diamond unearthed in Canada’s arctic
The stone was found at Dominion Diamond and Rio Tinto's Diavik mine.
Imperial Metals hires BMO to speed up restructuring — sources
The company produces copper and gold at its Red Chris, Mount Polley and Huckleberry mines and lead and zinc at half-owned Ruddock Creek mine, all in British Columbia.
China’s GEM is said to stop buying cobalt from Glencore
Last week Glencore warned that some buyers in China reneged on contracts after seeing prices plunge, forcing the company to renegotiate the commercial terms of the deals.
Paulson’s success at Detour Gold could serve as ‘template’ for future activism
Paulson's campaign could have implications across the sector, where activism is historically low, returns have been disappointing, compensation is above-average and insider ownership is below-average.
Australian rail workers postpone coal haulage strikes as cyclone looms
Aurizon's 4 major railways in the Bowen Basin of Queensland, the world's largest coking coal export region, carry coal from mines owned by BHP Billiton , Glencore , Anglo American and Peabody Energy.
Barrick ups investment in Reunion Gold, hopes for big payoff in Guiana
The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Quebec-based miner unchanged.
Mineral Resources inks $1.15B lithium JV deal with Albemarle
The joint venture will allow the American lithium producer, the world’s No. 1, to expand its presence in Australia.
Firestone shares shoot up after finding 46-carat diamond in Lesotho
The gem-quality white stone was recovered undamaged, the miner said, and will be sold at the next tender in January.
