(Kitco News) – Gold prices are holding on to strong gains Monday but is seeing little movement after the New York Federal Reserve said that activity in the New York manufacturing sector dropped significantly in August.
Gold price holding gains as New York Fed reports sharp drop in manufacturing activity Read More »
Russian gold miner Polymetal has reached a “crucial” project milestone with the installation of the autoclave vessel at the POX-2 construction site, keeping the project on track for completion in three years’ time.
The 1 100 t autoclave – said to be t…
Polymetal installs autoclave at POX-2 Read More »
MMC Norilsk Nickel’s Vladimir Potanin said it’s impossible to estimate the cost of damages from May’s massive fuel spill in the Arctic until the miner completes the clean-up, which may extend into next year.
Nornickel has set aside $2.1-billion after …
Massive Russian oil spill cleanup to stretch into next year Read More »
The Canadian lithium miner had to suspend construction at Caucharí-Olaroz in March again in early July due to covid-related issues.
Lithium Americas to restart Argentina project Read More »
JSE- and NYSE-listed gold mining company AngloGold Ashanti’s outgoing CEO Kelvin Dushnisky has sold 20 000 shares, worth $572 116, in a transaction dated August 13.
The transaction took place on the New York Stock Exchange, at a share price of $28.60 …
Dushnisky sells 20 000 AngloGold shares Read More »
Debt-laden chemicals and energy group Sasol confirmed on Monday that it was preparing to execute a rights issue during the second half of its 2021 financial year, despite reporting that it was on track to deliver disposals of greater than $2-billion an…
Sasol will execute rights issue in 2021 calendar year as it refines ‘ticket size’ Read More »
Both Australia and South Africa may experience a wetter than normal summer, as the possibility of a La-Nina event increases. Combined with the high level of atmospheric water from melted Arctic ice, coal miners may be hoping for rain-induced supply dis…
Weekly Coal Index Report Read More »
South Africa’s main stock index was 0.2% higher as of 9:32 in Johannesburg, boosted by shares in some companies that are set to benefit from an easing in the country’s Covid-19 lockdown. President Cyril Ramaphosa, in a weekend address, announced that s…
South African stocks rise with boost from lockdown easing Read More »
Iron-ore major Fortescue Metals has taken further steps to meet its zero operational emissions target by 2040, appointing hydrogen mobility and clean energy company Hyzon Motors to deploy hydrogen fuel cell-powered coaches at the Christmas Creek operat…
Fortescue looks at hydrogen at Christmas Creek Read More »
Lithium developer Prospect Resources has inked a long-term offtake agreement with Belgium-based Sibelco for ultra-low iron petalite production from the Arcadia lithium project, in Zimbabwe.
The offtake agreement will span seven years and would cover …
Prospect signs offtake at Arcadia Read More »
