Dominion Diamond unveils plan to avoid bankruptcy
It involves selling its assets for about $177 million, which could pave the way to restart its idled Ekati mine.
Latest Stories
A gold vault in London is key to $62 billion ETF success
SPDR Gold Shares has taken in nearly $12 billion in 2020, ranking it third for worldwide ETF inflows behind two equity-focused funds.
Fortescue Metals ups stake in Candente Copper
Fortescue now owns almost 20% of Candente, which is advancing a large scale open-pit copper project in Peru.
Coal market faces fresh speculation
Two influential publications within China have raised the specter of the country tightening imports from Australia.
Pentagon halts rare earths funding for Lynas – sources
Decision is a step backward for president Donald Trump’s plan to redevelop the U.S. rare earths supply chain.
InoBat acquires massive factory to make client-customised EV batteries
The facility is expected to be the first in the world to produce batteries to specifications of the vehicle manufacturer, rather than selling from a catalogue.
AngloGold Ashanti to buy Nevada Silicon project
The South African miner will pay a total of $3 million for the property.
Kinross workers end strike at Mauritania mine
The shutdown, which began on May 5, is not expected to affect 2020 production.
Cypress releases positive PFS for Nevada lithium project
Project could produce 27,400 tonnes lithium carbonate equivalent per year, according to a prefeasibility study.
