Galaxy Resources bottom-line hit by Mt Cattlin lithium mine charge
Net loss for the six months ended June 30 was $171.9 million, compared with a profit of $11.5 million a year earlier.
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Lynas annual profit jumps 50%, eyes further growth
The Australian rare earths producer reported net profit of A$80.0 million for the year, up from A$53.1 million a year ago.
Junior financing evaporates as cobalt, lithium prices slump
Equity capital raised by lithium and cobalt explorers and developers down 95% in Q2 compared to last year.
Silver scramble erupts on gold gains as investors play catch-up
Silver has surged 12% this month and touched a two-year high on Wednesday.
De Beers gem sales keep falling as buyers allowed to say no
De Beers sold just $280 million of diamonds this month, 44% less than a year earlier.
Pacton Gold obtains drilling permit for Red Lake
Pacton will begin a 10,000-meter drilling program this fall.
Amazon gold and army suspicion fuel Bolsonaro’s rainforest rage
Bolsonaro's father was among the wildcat miners who descended on the Amazonian gold mine of Serra Pelada in the 1980s.
Fake-branded bars slip dirty gold into world markets
Gold bars fraudulently stamped with the logos of major refineries are in the global market to launder smuggled or illegal gold.
Scotland’s first commercial gold mine to open in early 2020
Access to ore is still expected by December and the company plans to stockpile ore in the period leading to the beginning of operations.
