Morgan Stanley restarts its base metals business
The move comes as rising volumes and volatility in industrial metals have boosted revenues for investment banks after years of lacklustre market conditions.
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BHP plans ‘baby steps’ return to commodities trading to cut transaction risk
BHP's previous commodities trading stretches back to when it merged with British peer Billiton in 2001.
IBM’s new battery design taps seawater as alternative mineral source
IBM said its technology has proven to outperform lithium-ion batteries in cost, charging time, and energy efficiency.
Gold Field’s Salares Norte project in Chile granted environmental permit
The construction decision is expected during the first half of 2020.
Greatland finds shallow gold mineralisation at Tasmanian project
The company says results from a recent drilling campaign highlight the potential for a robust, near-surface gold system.
UrbanGold encouraged by initial results at Troilus
The Ottawa-based company just wrapped-up a drilling campaign totalling 369 metres.
De Beers final diamond sale of the year gives some hope to depressed market
It fetched $425 million for its diamond in December, a slight improvement from the $400 million it obtained in the previous sale.
Zimbabwe faces mining asset seizure over canceled joint ventures
News comes at a difficult time for Zimbabwe, with its economy forecast to contract 6.5% this year because of crippling foreign-currency, fuel, wheat and power shortages.
Takeover talks between gold miners Endeavour and Centamin hit a snag
The Egypt-focused company has accused Endeavour of not providing key information to assess the value of a potential business combination.