It was only a matter of time. Creditors’ lawyers descend on Baja Mining
Friday's complication is just the latest setback for Vancouver-based Baja which has now lost almost 70% of its value this year.
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Lazare Kaplan lauches social initiative to encourage education in Africa
US-based diamond manufacturing and distribution company Lazare Kaplan International Inc. (LKI) has launched a new social initiative, The Lazare Ongoma Initiative (LOI), which aims involve retailers in supporting education in African countries, such as Namibia.
Prophecy Platinum adds to 80% 12-month gain after Yukon project analysis
Prophecy Platinum added 2.5% on Friday on double usual trading volumes, after announcing results of a full spectrum analysis of PGMs on the first batch of samples from its PGM-Ni-Cu wholly-owned Wellgreen project, in the Yukon, Canada.
Foreign workers to relieve labour shortage in Australia’s mining industry
Australia’s government announced Friday it will allow a new mine to hire about 1,700 foreign workers to alleviate a labour shortage threatening the resources boom.
Sprout-less gold Tier 1 capital?
Institutional investors tend to prefer investments that are thought to contain the potential for growth; growth = sprouts.
Rio Tinto confirms strong potential for diamond jewellery demand in China
An increasing demand for diamond jewellery coming from China could help precious stone producers to boost sales in the following months, hinted diversified miner Rio Tinto (LON:RIO) in a release summarizing key insights from a market research.
Chief of Codelco quits amid legal battle with Anglo
In what it seems to be the first casualty of the heated conflict between diversified miner Anglo American (LON:ALL) and its Chilean adversary Codelco, the world’s largest copper producer announced its CEO Diego Hernandez resigned late Thursday.
Impala Platinum faces potential halt to Zimplats operations due to differences with Zimbabwe’s government
Zimbabwe's central bank threatened to freeze Impala Platinum's local account and ordered local banks to halt managing any of the company’s exports because it has “failed to comply with an order to bank locally,” state-controlled newspaper The Herald reports.
Balmoral announces nickel-copper-PGE discovery at Grasset, Detour Gold Trend Project, Quebec
Balmoral Resources Ltd. (TSX VENTURE:BAR)(OTCQX:BALMF) ("Balmoral" or the "Company") today reported a new discovery of nickel-copper-platinum group metal mineralization on the Company's wholly owned Grasset Property.
