US Army will fund rare earths plant for weapons development

The move is part of an urgent push by Washington to secure domestic supply of rare earths, according to a government document seen by Reuters.

Reuters | December 11, 2019 | 5:34 am

Alrosa to mine first diamonds from Angola in mid-2020

The Russian miner and its local partner, Catoca Mining, say Luaxe could produce 1 million carats, worth $90 million, next year.

Cecilia Jamasmie | December 11, 2019 | 3:49 am

Gold’s deal blitz could draw in the rest of mining

A torrent of deal-making among gold producers that’s pushed M&A in the sector to an eight-year high is seen spilling over into the wider mining industry.

Bloomberg News | December 10, 2019 | 3:23 pm

First Quantum quashes Rio rumor, says Jiangxi no threat

Executives were caught off guard by this week’s share purchase by Jiangxi Copper, but say there’s no chance that will lead to a takeover bid either.

Bloomberg News | December 10, 2019 | 1:27 pm

Implats to close North American Palladium takeover this week

The C$758 million transaction, which was first announced in October, remains on track to close on December 13.

Jackson Chen | December 10, 2019 | 11:58 am

Kirkland Lake reports high grades, expands mineralization at Fosterville

Earlier this month, the company released the results of drilling completed on other areas of Fosterville mineralization.

Canadian Mining Journal Staff | December 10, 2019 | 11:24 am

Gold’s been on a tear this year and 2020 may see more reward

BlackRock, the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman and UBS see prices climbing to $1,600 an ounce.

Bloomberg News | December 10, 2019 | 10:19 am