Zimplats FY profit tumbles after higher deferred tax charge
Platinum miner Zimplats on Friday reported a 94 percent drop in after-tax profit to $2.6 million after incurring a higher deferred tax charge.
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Chile’s Codelco produced 875,000 tonnes copper in first half of 2018 – CEO
The company expects to produce approximately 1.7 mln tonnes of copper in the whole of 2018.
Beijing summons aluminium foil makers for talks on Mexico anti-dumping probe
The move threatens to jolt China's exports of aluminium, which have been booming in recent months. Mexico "is a big market" for Chinese aluminium foil.
Dalradian shareholders back Orion Mine’s $230m takeover bid
The Toronto-based miner, which is developing a large untapped gold deposit in a remote part of Northern Ireland, will seek final approval of the transaction by the Ontario Superior Court of Justice early next week, with the deal expected to close on or about Sep.7, 2018.
China’s Zijin wins race for Serbia’s largest copper mine
RTB Bor copper mining and smelting complex was crucial for the country before the collapse of communist Yugoslavia. However, it later became a burden on the country’s struggling economy because of malpractices and international sanctions.
FedEx’d gems fueled India’s biggest bank fraud, report says
Modi and associates fraudulently borrowed approximately $4 billion
Nevada Copper shares jump on construction decision
Toronto-listed company's board okays construction of Pumpkin Hollow underground mine.
Canadian cobalt company says thieves stole 76 tonne hoard
Cobalt 27 stockpile worth $5 million stolen from Rotterdam warehouse.
Why battery miners are swarming Europe’s biggest rock collection
Being home to Europe’s biggest rock collection has finally come in handy for Sweden