Mick Davis to overhaul X2 Resources as fund fails to close any mining deal
Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.
Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.
Lithium prices have soared in the past year, and demand is set to outstrip supply by 2023.
The firm said about 40% of its Brazilian workforce would take voluntary redundancy to reflect reduced production.
In Idaho, a classic confrontation between a mining company and environmentalists is shaping up at the CuMo project located in Boise National Forest.
Report issued as EPA writes court-ordered rules to protect public from financial liabilities like Colorado’s Gold King disaster
Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.
The day after the referendum, gold jumped nearly 5 percent and since then has held above $1,300 an ounce, helping to achieve its best first half of the year since 1974.
Cyprium Mining (TSXV:CUG) had a banner day on the markets Wednesday after announcing that it has put the Potosi silver mine back into production after a four-year hiatus.
The price increase comes as iron ore major Rio Tinto decided to put its Simandou project in Guinea on ice due to the iron ore glut that is keeping a lid on prices.
The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.