Scotiabank to scrap half its metals business- sources
ScotiaMocatta is curtailing lending to the physical metals supply chain and would refocus on major corporate clients.
Latest Stories
Thomson Reuters publishes GFMS Platinum Group Metals Survey 2018
Are the dark days for platinum set to last?
Cupric Canyon to start construction of Botswana copper mine in October
Sparsely-populated Botswana is the world's top diamond producer by value.
Brazil’s President to change mining regulations as early as next week
Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.
Canada’s Quebec halts crypto mining projects, may raise fees
Quebec's energy ministry said it ordered Hydro Quebec to hold off on new digital currency mining operations until regulators set new roles for the industry.
Australia’s Fortescue takes stake in Atlas Iron, may block buyout
Fortescue said it had agreed to buy a 15 percent stake in Atlas at A$0.04 per share, or A$55.7 million.
Sibanye CEO says seismic events a fact of life for South Africa mines
Sibanye has faced strong criticism from unions, local media and the government after the earthquake at its Driefontein gold mine that killed the miners.
Caterpillar produces 1000th 797 ultra-class mining truck
The 797F model is Caterpillar’s largest truck and the largest mechanical-drive mining truck in the world.
Rio Tinto signs JV exploration deal with China’s Minmetals
The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .