Glencore’s risk appetite dwindles, fueling focus on safer regions
The company is quickly expanding into a part of the world that would have been improbable just a few years ago: Minnesota.
Latest Stories
Alrosa seeks to brighten up its fluorescent diamond sales
Diamond miners are seeking new approaches to battle falling demand and competition from diamonds manufactured in laboratories.
Pure Gold starts construction of Madsen mine
The Madsen Red Lake mine is said to be the highest grade development-stage gold project.
Platinum giants say union declares dispute in wage talks
The producers have rebuffed AMCU’s initial demands for a 48% wage increase, which some say would lead to job losses and mine closures.
Russia’s gold stash now worth more than $100 billion
Russia’s long-running bet on gold is looking better every month.
First Cobalt favors quick restart of Canadian refinery
Glencore agreed last month to fund a feasibility study to restart and potentially expand the refinery.
Copper finely poised between negative macro and robust micro — opinion
Copper last week hit a year-to-date low of $5,518/tonne in the London market as the macroeconomic picture becomes ever gloomier.
Benz evaluating exploration program for Eastmain Mine in Quebec
The Eastmain Mine gold project is owned by Eastmain Resources but Benz entered into an option agreement to acquire a 100% interest in the former producing operation.
Orano to start drilling at Close Lake uranium project in Saskatchewan
The campaign is set to be of approximately 3,000 metres in up to four holes at an estimated cost of $1.1 million.
