July 30, 2020

De Beers likely to cut jobs after covid-19 hit

The diamond mining giant employs 20,000 people across its entire business.

July 30, 2020

Conico to acquire Longland Resources’ Greenland projects

The acquisition gives Conico exposure to a dominant license deemed to be highly prospective for precious and base metals

July 29, 2020

US appoints coordinator for Arctic policy as mineral race heats up

US announced a $12 million economic aid package for Greenland, which has vast deposits of rare earth minerals.

July 29, 2020

Gold price rally fueled by non-traditional buyers

Gold is getting a lot of attention from pension funds, insurance companies and private wealth specialists.

July 29, 2020

European Metals, EU body partner to advance Cinovec lithium project

The Cinovec project is the largest hard rock lithium deposit in Europe.

July 28, 2020

Rio Tinto in discussions with SFO over Simandou probe

Miner is seeking a deferred prosecution agreement over a payment it made to a consultant working on Simandou, the Financial Times reported.

July 28, 2020

Poland scraps mine closure plan opposed by coal unions

State-run news agency PAP reported that PGG could close the Ruda and Wujek mines, which employ a total of 7,700 people.

July 27, 2020

Pandemic drives gold price to record levels in Q2, Refinitiv says

Refinitiv forecasts gold will average $1,715 per oz. this year.

July 27, 2020

Poland braces for second wave as virus spikes in coal mines

Country has big outbreaks in Silesia, mainly in three coal mines.

July 27, 2020

Auto parts makers shine spotlight on aluminum’s role in electric vehicles

Consumption in electric vehicles is expected to accelerate over coming years as covid-19 hastens the move to a green economic recovery.