Petra Diamonds completes restructuring
The diamond miner has concluded a reorganization, aimed at recapitalizing the business.
Latest Stories
Graphene-enhanced primer proves efficient for marine applications
Talga Group’s Talcoat is obtained from graphite extracted at the Vittangi project in Sweden.
Western Rare Earths gets drill permit for La Paz project in Arizona
The company believes the topography at La Paz lends itself to substantially increase the resource by deeper drilling in the lower plate.
Newmont to buy GT Gold for $311 million
The all-cash deal gives Newmont the Tatogga gold-copper project, located in the Tahltan Nation's territory in northwestern BC.
Workers at Los Pelambres copper mine reject contract offer
Of the union affiliates, 98.5% voted to reject the offer on a new contract for the next 36 months.
Trader buys $36 million of copper and gets painted rocks instead
The bizarre case highlights commodity traders’ vulnerability to fraud, even when security and inspection controls are in place.
Barrick’s Bristow and Blackrock’s Hambro discuss ‘profits with purpose’ at PDAC
“It's a fundamental shift – people are investing from a different, or an evolved perspective."
Copper price falls as China imports look “far from bullish”
Shares of major miners also fell in London trading, with BHP down 2.4%, Rio Tinto down 3.6%, Glencore -2.44%, and Antofagasta -1.25%.
China’s green push kicks off with a new $10bn coal project
The decision by Ningxia and its timing is evidence that coal will still play a major role in China’s energy mix for the foreseeable future.