The Government of Mongolia may cancel and replace the development and financial plan for the country’s vast Oyu Tolgoi copper-gold mine, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) said today….
The Dow Jones Industrial Average rose 1.61% to finish the week at 31,097.97 and the S&P 500 declined by 1.83% to 3,824.68. Spot gold dropped US$48 per oz., or 2.53%,…
Since founding privately held USA Rare Earth three years ago, Pini Althaus has focused on turning his vision of creating a secure supply of rare earth elements in the United…
Star Diamond (TSX: DIAM) has recovered 3,534 diamonds weighing 210.68 carats from its ninth bulk sample trench excavated on the Star kimberlite at the Star-Orion South project in north-central Saskatchewan,…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has named finance head Jakob Stausholm as its next chief executive, replacing incumbent Jean-Sébastien Jacques who had to step down following an…
Rio Tinto (NYSE:RIO; LSE: RIO; ASX: RIO) unveiled on Wednesday that underground production from the Oyu Tolgoi copper-gold mine in Mongolia is slated to begin in October 2022, adding that…
Global diamond production this year fell by more than 20% to about 113 million carats due to planned production declines by the major producers and significant pandemic-related suspensions and curtailments…
Mining and commodities trader Glencore (LSE: GLEN) said today that Gary Nagle, the head of its coal division, would replace Ivan Glasenberg as the company’s top boss early next year. Glasenberg, who has…
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) said today it won’t be able to complete the prefeasibility study for its Alpala copper-gold project this year as planned. The Australian miner had already…
The Government of Mongolia and representatives of Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) have set up a special board committee to conduct an independent review into the cost overruns and…
It has also inked a farm-in and JV agreement with Greatland to access the latter’s Black Hills and Paterson Range East exploration licenses in the Paterson region of Western Australia.
Pentwater Capital has joined ongoing spat over over how to finance the underground copper project in Mongolia, with “oppression” order warning.
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