US markets rise, June 21-25
The Dow Jones Industrial Average jumped 3.37% to finish the week at 34,433.84 and the S&P 500 climbed 2.74% to 4,280.70. Spot gold increased by US$17.70 per oz., or 1%, to…
Rio Tinto
US Justice department backs land swap for Rio Tinto’s Arizona copper mine
The US government said today that it backs a 2,400-acre land exchange that would allow Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to move forward with its majority-owned Resolution…
Rio Tinto opens new scandium plant in Quebec
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has started up its new commercial scale demonstration plant to produce high quality scandium oxide. The plant is located at its Rio…
Greenland approves Bluejay Mining’s Dundas Ilmenite project
Bluejay Mining (LSE: JAY; US-OTC: BLLYF) has received approval to build its Dundas Ilmenite project on the northwest coast of Greenland, 80 km north of the town of Qaanaaq. The company…
US markets down, June 7-11
The Dow Jones Industrial Average slipped 0.80% to finish the week at 34,479.60 and the S&P 500 dropped 0.41% to 4,247.44. Spot gold fell by US$14.20 per oz., or 0.75%, to…
Serbia may decide fate of Rio Tinto’s lithium project in referendum
Serbia’s President, Aleksandar Vucic, may seek voter approval for Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) Jadar lithium project near the city of Loznica, in western Serbia, as community…
Miners to continue flying high through 2022 – report
Global miners can continue to expect an “exceptional year of earnings” through 2022 as a broad commodity price rally underpins strong financial results for most actors, according to a new…
US markets rise, May 24-28
The Dow Jones Industrial Average rose 0.94%% to finish the week at 34,529.45 and the S&P 500 advanced 1.16% to 4,204.11. Spot gold gained US$22.80 per oz., or 1.21%, to US$1,903.50…
Rio Tinto’s Richards Bay manager murdered on way to work
Local police confirmed on Monday that a senior manager of Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) Richards Bay Minerals (RBM) was assassinated in South Africa’s KwaZulu-Natal province, Zululand…
Rio Tinto puts last diamonds mined at iconic Argyle up for sale
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has unveiled a preview of its final showcase of rare pink, red and blue diamonds from its iconic Argyle mine in the…
Rio Tinto, Antipa more than double JV deposit gold resource
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has more than doubled the inferred mineral resource of the Calibre gold deposit at its Citadel copper-gold project, a joint venture with…
Rio Tinto takes strategic stake in Western Copper and Gold
Rio Tinto Canada is investing $25.6 million for an 8% stake in Western Copper and Gold (TSX: WRN; NYSE-AM: WRN), which is advancing its copper-gold Casino project in the Yukon….