October 29, 2020

NASA finds rare metal asteroid worth more than global economy

The heavy-metal object, called “16 Psyche”, is worth $10,000 quadrillion. That's 70,000 times the world's economy.

October 29, 2020

Lundin lowers guidance on mine troubles

Labour and technical disruptions forced Lundin to review production targets for three of its four operating mines.

October 28, 2020

Wheaton expands into Europe with LSE listing

The Vancouver-based company will maintain its primary listing on the Toronto Stock and a listing on the New York Stock Exchange

October 28, 2020

Major shareholder offers to take Kaz Minerals private

Oleg Novachuk and Vladimir Kim, the current and past chairman of Kaz Minerals, are proposing a buyout offer of the pure-play copper company.

October 28, 2020

Atalaya begins feasibility study on cathode production plant

Production of cathodes could generate cost savings and reduce carbon emissions, the company says.

October 28, 2020

Boliden Q3 earnings top forecasts

Third-quarter operating profit rose to 2.62 billion Swedish crowns ($299.9 million) from 1.87 billion a year earlier.

October 28, 2020

Lloyd’s insurer Apollo to stop underwriting Adani coal mine from Sept. 2021

Many insurers, mainly in Europe, have scaled back their exposure to coal.

October 28, 2020

Gem Diamonds back in the black on higher prices

Gem Diamonds reduced its net debt by $6.6 million in the July-September quarter, ending the period with $1.1 million in cash.

October 27, 2020

Glencore grants $10 million backing to Falco Resources

Glencore has also agreed to buy copper and zinc concentrate produced during the Horne 5 project mine-life, currently estimated at 15 years.

October 27, 2020

Critical copper negotiations point to a tight market

Higher prices should provide an incentive for miners to maximize output next year, potentially alleviating some of the strain on supply, said Freeport VP of Marketing Javier Targhetta.