Greece to sell coal-fired plants, mines as part of bailout deal
Athens will begin testing the waters for such sale in November, with the goal of wrapping up the sale by June 2018.
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Gold prices hit fresh three-week low
t's been a rough set of trading sessions for the yellow metal, with gold ending last week at $1,268, a full $21 lower than the previous week.
South32 buys stake in Canada’s Arizona Mining for $81 million
The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.
Australian officials slam banks decision to refuse backing country’s largest coal project
The lenders’ move follow a decision by Australia’s second-largest bank Westpac to only fund new projects in existing, rather than new, coal basins as part of its new climate policy.
Illegal Chinese gold miners blamed for pollution, violence in Ghana
Government officials’ comments add bitterness to the already resentful locals, following wave of negative coverage of Chinese mining practices in the Ghanian media.
Sherritt surrenders equity share at Ambatovy to cut $1.4B in debt
Canada-based nickel miner Sherritt (TSX:S) has struck a deal with its partners at the Ambatovy nickel operation in Madagascar, allowing the company to eliminate $1.4 billion in debt.
Freak copper price jump has analysts scratching their heads
The copper price had its best day in a month, but commodity analysts were at a loss to explain why.
Record outflows from gold ETFs as price plumbs 3-week low
It's been a rough set of trading sessions for the yellow metal.
Harnessing bacteria to turn gold grains into nuggets
A bacteria that re-concentrates gold grains into nuggets is being targeted by researchers for its potential to optimise gold extraction processes from ore, old tailings or recycled electronics.
