Glencore signs five-year cobalt deal with Samsung
Miner and commodities trader Glencore (LSE: GLEN) has signed a five-year deal to supply South Korean battery manufacturer Samsung SDI with up to 21,000 tonnes of cobalt amid an expected…
Miner and commodities trader Glencore (LSE: GLEN) has signed a five-year deal to supply South Korean battery manufacturer Samsung SDI with up to 21,000 tonnes of cobalt amid an expected…
Banro (TSX: BAA) will put its Namoya gold mine in the Democratic Republic of Congo (DRC) up for sale at a significant discount after repeated attacks from armed rebels forced…
Lucara Diamond (TSX: LUC) has recovered a 549 carat diamond from its Karowe mine in Botswana. The mine — one of the world’s most prolific producers of large and high-value…
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has updated the resource estimate for its massive Kamoa-Kakula project in the Democratic Republic of Congo (DRC). Kamoa-Kakula — among the world’s largest copper…
Despite mining’s contribution to almost every aspect of modern life, the industry is still seen as one that takes more than it gives, which has brought it to the reputation…
While the price of uranium suffered a steep decline after the 2011 Fukushima Daiichi nuclear accident, growing pressures to decarbonize power generation provide support for the commodity, which is currently…
The Dow Jones Industrial Average rose 1.22% to 28,989.73 and the S&P 500 Index fell 1.03% to 3,295.47. Spot gold climbed US$14.90 per oz. to finish at US$1,571.60 per ounce….
The S&P/TSX Composite Index rose 0.04% to 17,565.30 during the trading week. The S&P/TSX Global Mining Index fell 0.92% to 81.52 and the S&P/TSX Global Base Metals Index lost 6.19%…
Barrick Gold (TSX: ABX; NYSE: GOLD) and Tanzania have signed a deal that grants the African nation stakes in the three gold mines the company operates there, ending a long-running…
The latest exploration results from Teranga Gold’s (TSX: TGZ) Golden Hill project located within the Hounde greenstone belt in Burkina Faso indicate a new discovery at the Ma Jonction prospect…
Resolute Mining (LSE: RSG) is selling its Ravenswood gold mine in Queensland — its only Australian asset — to private equity firm EMR Capital Management for US$207 million in cash….
Anglo American (LON: AAL) is expanding into fertilizers after agreeing to acquire Sirius Minerals (LON: SXX), the British junior struggling to build a huge fertilizer mine beneath a national park….
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