Gemfields steps up fight against takeover by largest investor
Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Iron ore plunge hurting miners — down to fresh 7-month low
Steelmaking material dropped to $57.02 a tonne, marking a fresh seven-month low, as large stockpiles continue to weigh on the market.
Second round of hearings for Nunavut gold mine rejected by review board kicks off
The four-day review that begins today marks the first time in 20 years the NIRB has been asked to reconsider a decision on a project and go through another review process.
Kinder Morgan Canada falls in trading debut on concerns over Trans Mountain project
Construction of the $7.4 billion project is scheduled to begin in September and should be completed by December 2019.
Diamcor just found this rare green diamond at S. Africa project
The rock, a 5.36-carat green gem quality octahedron rough diamond, was unearthed at the company's Krone-Endora project, located next to the world’s third largest diamond mine.
Coal mine openings in the US inject some hope into beleaguered sector
Corsa Coal’s Acosta Deep mine, to begin operations in June, will create about 600 jobs.
Strike at Barrick’s Veladero mine suspended
Union at Barrick's troubled operation, Argentina's largest gold mine, says strike will resume if there's no deal after two weeks of talks.
Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid
If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.
China’s coal-rich Shanxi province to halt or slow mines construction until 2020
Shanxi province accounts for about 25% of China's coal output and has vowed to cut 20 million tonnes of overcapacity this year.
Better copper prices boost Codelco’s profit offsetting output decline
The state-owned miner reported a Q1 profit of $534 million, more than the total it earned in 2016.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
