Russian scientists discover new mineral
An iron meteorite that was found in 2016 in Buryatia, southern Russia, provided the keys for the discovery of a new mineral called...
Caterpillar soars after record profit, says tariffs will wipe out up to $200M
Shares in Caterpillar (NYSE:CAT), the world's No.1 heavy machinery maker, jumped over 3% in pre-market trading Monday after it posted...
Newmont drops $275 million on northern BC project
Newmont Mining acquired a 50 per cent interest in the Galore Creek Partnership from NOVAGOLD Resources for $275 million. Teck Resources...
Barrick Gold reports Q2 loss of US$94 million
Barrick reported a net loss of US$94 million or 8 cents per share, and adjusted net earnings of $81 million or seven cents per share for...
Ecuador mining reforms good news for Lumina Gold’s project
Canadian gold junior Lumina Gold (TSX-V:LUM) (OTC:LUMAF) said Tuesday that recent changes introduced by Ecuador to mining regulations...
De Beers buys Canada’s Peregrine Diamonds for $81 million
Anglo American’s De Beers has agreed to buy Canada’s Peregrine Diamonds (TSE:PGD), the company behind the Chidliak project in the...
Trade war spills into uranium as U.S. weighs import tariffs
(Bloomberg) — The Trump administration began an investigation into whether uranium imports threaten national security, a move that may...
Wreck of Russian warship carrying $130bn in gold found off South Korea
A South Korean salvage team has discovered the wreck of a Russian warship that’s still carrying 200 tonnes of gold bullion and coins...
MGX, Belmont set lithium joint venture in Nevada.
MGX Minerals, the Canadian junior that grabbed headlines earlier this year for testing a technology that turns oil and gas wastewater...
Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner
World’s No.2 miner Rio Tinto (ASX, LON, NYSE: RIO) said Thursday it had sold its 40% stake in the giant Grasberg mine, the world’s second...