Russia scraps plans to set climate-change goals for businesses
It’s a particular challenge for Russia’s economy, which is heavily dependent on oil and gas production and mining.
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Codelco boosts copper output by 7.5% in September, annual production lags
The state miner saw its production in the first nine months of 2019 drop 6.7% versus the previous year.
Iamgold reports ‘solid’ third quarter results, names new president
Operating cash flow increased by 28% over the previous quarter and 354% over the prior-year period.
Barrick’s dividend boost looks like a harbinger for the gold industry
There are certainly reasons for investors to be hopeful.
Glencore strikes deal with Katanga over $5.8 billion rights issue
Glencore, which owns approximately 86.3% of Katanga, had agreed to swap $5.8 billion in debt for equity, which will raise its stake further in the firm.
BHP’s Australian shareholders vote to stay in coal lobby groups
Only 27% of votes cast at the company’s annual meeting in Sydney were in favour of cutting ties with industry organizations in favour of fossil fuels.
Bluestone increases M&I resources at Guatemalan gold project
The Vancouver-based miner announced a new high-grade mineral resource estimate for its Cerro Blanco property.
Australian, South Korean companies join forces to recycle battery metals
Envirostream to supply SungEel with recycled mixed metal dust containing cobalt, nickel and lithium.
Congo challenges Canadian miner Banro’s declaration of force majeure
The gold producer invoked the legal clause that frees a company from meeting contractual obligations in September.
