Silver price surges as GameStop traders move into precious metals
Shares in small nickel and cobalt explorer GME Resources also jumped as much as 53%, apparently driven by the similarity of its stock ticker code to the US videogame retailer.
Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.
Clive Palmer says he will look to use the proceeds from his $US150 million ($197.4m) legal victory over Chinese corporate giant Citic to reopen his shuttered Townsville nickel refinery in north Queensland.
The mining industry needs to ramp up productivity. The solution lies in adopting lean and design thinking approaches, following key several principles.
Palmer's Mineralogy claimed it is owed money by CITIC's Sino Iron mine in Western Australia over a failure to agree to a formula for calculating the value of the ore extracted at the site following a shift in pricing in the iron ore market.
National Energy Guarantee program could slash investment in wind and solar projects if Australian government fails to boost 2030 emissions-reduction target.