U.S. markets mixed, Feb. 15-19
The Dow Jones Industrial Average rose 35.92 points (0.11%) to 31,494.32 during the Feb. 15-19 trading week and the S&P500 fell 28.12 points (0.72%) to 3,906.71. Spot gold finished the…
Australia, NZ & South Pacific
Rio Tinto hands out biggest dividend ever; vows to tackle customers’ emissions
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has rewarded investors with the biggest dividend in its 148-year history and laid out plans to tackle the vast carbon footprint of its…
BHP’s outlook and record dividend fuel supercycle talk
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) reinforced talks of a new supercycle today by rewarding investors with a record US$5.1 billion first-half dividend and forecasting a “very constructive” outlook…
Rio Tinto to attempt producing low-carbon iron in Canada
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with two European companies to explore production of low-emissions hot briquetted iron (HBI) in Canada, amid increasing pressure from…
Newcrest OK’s $135M exploration decline at Red Chris
As it works toward a resource update at the Red Chris mine, Newcrest Mining (TSX: NCM, ASX: NCM) has begun construction of the box cut for a new exploration decline…
Interview: Clean TeQ’s Sunrise battery materials complex in Australia is construction ready
Clean TeQ’s (ASX: CLQ; US-OTC: CTEQF) Sunrise project in New South Wales, Australia, is one of the largest nickel/cobalt deposits in the world and one of the largest and highest…
Silver — Far From the Maddening Crowd
We were tempted to resist talking about the Reddit phenomenon but why not wade in, particularly now as we stand amongst the smoking ruins of the dreams of silver bugs,…
Karora cuts high grade at Beta Hunt’s Larkin discovery
Just a month after posting a hefty increase in reserves and resources at its Beta Hunt mine in Australia, Karora Resources (TSX: KRR) has released high-grade exploration results that point…
European tungsten producer Almonty advances Korean Sangdong project
Almonty Industries (TSX: AII; US-OTC: ALMTF) has two mines in Europe producing tungsten concentrate – the Los Santos mine in western Spain and the Panasqueira mine in Portugal – but…
Samarco hit with almost $1B lawsuit
The beleagured Sarmaco joint-venture in Brazil between BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Vale (NYSE: VALE) has been hit with an almost US$1 billion lawsuit from noteholders who…
Turquoise Hill seeks interim order against Rio Tinto over Mongolia mine funding
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) is seeking an interim order in its arbitration against Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) in response to some of the…
Lynas shares jump on deal for US rare earth plant
Australian rare earths miner Lynas Corp.’s (ASX: LYC) shares jumped on Friday after it announced a deal with the U.S. government to build a commercial light rare earths separation plant in Texas….