Red Chris resource from Newcrest confirms block cave potential
Measured and indicated resources contain a total of 13 million gold ounces and 3.7 million tonnes of copper.
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Fund bets $7.4bn on sustaining platinum price rally
After being in the doldrums for a decade, South Africa’s platinum miners are increasing payouts as they reap windfall profits from near-record prices.
Anglogold plays down merger prospects amid deal talk
Sibanye-Stillwater CEO Neal Froneman this month floated the idea of a merger with peers AngloGold and Gold Fields.
Paying 10% dollar yield, obscure Vale bond is now talk of Brazil
The securities, of which the payout is based on Vale’s dollar revenue, has more than doubled in value over the past 12 months.
Gold price bounces back, but set for another monthly loss
Gold is also on track for its worst quarterly performance since December 2016.
Ok Tedi resumes operations after covid-19 shutdown
Ramp-up to full production is expected to take up to two weeks.
Greenland to hold election watched closely by global mining industry
Greenland holds an election next week that could decide the fate of vast deposits of rare earth metals.
Vale sells New Caledonia nickel assets to Trafigura
Vale said it will have a supply contract with the Trafigura-led consortium to off-take part of the nickel produced there.
New fuel from plastic waste aims to replace fossil fuels in marine industry
Clean Planet Energy plans to use non-recyclable waste plastics to produce two fuels expected to reduce CO2 emissions from the marine industry by 75%.
