Gold price up as Fed begins historic ETF purchase program The US central bank has begun its long-awaited corporate bond program to stimulate the economy. Jackson Chen | May 12, 2020 | 10:14 am
Lucapa finds 171-carat diamond at Angola mine It's the 15th diamond over 100 carat recovered to date from the prolific Lulo mine. Cecilia Jamasmie | May 12, 2020 | 9:31 am
BHP sticks with spending strategy, Rio eyes M&A Prices for iron ore have been relatively resilient and helped boost profits in both firms. Reuters | May 12, 2020 | 9:08 am
As demand implodes, zinc supply chain starts to adjust The LME zinc price has bounced by 20% from its March low of $1,685 a tonne to $2,020. Reuters | May 12, 2020 | 9:02 am
Ted Cruz seeks to end US dependence on China for rare earths The bill would create tax incentives for companies to buy rare earth elements within the US. Bloomberg News | May 12, 2020 | 8:51 am
Miners buck M&A slump with pandemic gold deals More than $16 billion of mergers, acquisitions and investments in other sectors have been terminated in last month. Bloomberg News | May 12, 2020 | 8:45 am
Alrosa’s anemic April sales a new sign of market agony The world’s top diamond producer by output saw sales dive 95% in April compared to the same month of 2019. Cecilia Jamasmie | May 12, 2020 | 7:04 am
Eurobattery Minerals to acquire Hautalampi nickel-cobalt-copper project in Finland The Swedish company will pay €8.6 million for the project located at the same site as the famous Keretti copper mine. MINING.COM Staff Writer | May 12, 2020 | 6:15 am
Australian mining sector makes record tax, royalty payments – report Company taxes and royalties paid by Australia’s minerals sector increased by $8 billion in 2018-19 to a record $39.3 billion. MINING.COM Staff Writer | May 12, 2020 | 6:10 am