Petra Diamonds might breach debt covenants
The company says that labour disruptions in South Africa and the confiscation of a parcel of diamonds by the Tanzanian government are to blame.
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Tensions between the U.S. and North Korea drive gold prices up
Gold prices finished higher last Friday and followed the upward trend on Monday, with December gold GCZ7, +0.67% rising to $1,283 an ounce.
Argentinian senator expresses opposition to Canadian miner’s uranium exploration
Magdalena Odarda says Blue Sky Uranium's exploration is taking place at sites of paleontological significance.
Scientists use gold to improve microlaser technology
The devices are used to improve cybersecurity, GPS systems and the detection of toxic chemicals.
Sherritt International fined $1 million for coal mine spills in Canada
Sherritt pleaded guilty in the Provincial Court of Alberta to three counts of contravening the Fisheries Act.
K+S shares sink as salt firm’s shake-up turns sour
Company will combine its salt and potash businesses to make savings and target customers more effectively.
Emmanuel Macron’s new wealth tax to be imposed on expensive jewellery
A September proposal to replace the tax on high-end assets with just a real estate tax was met with public uproar.
Canadian magnesium explorer gains nearly 1,000% on asset sale
Investors in a Calgary-based junior will no doubt be clinking wine glasses and giving some extra thanks this Canadian Thanksgiving weekend.
New program in Queensland aims to attract 3,000 new mining jobs
The Queensland Government is getting behind a pilot program that, together with an industry group, is hoping to bring thousands of mining equipment and services positions to the Bowen Basin within the next decade.