South Africa eased antitrust rules to allow competitors in industries hit by high power costs to cooperate on negotiating cheaper power supply in a bid to prevent their total collapse, a move that potentially helps the country’s ailing ferrochrome industry. Trade,...
Canadian miner Lucara Diamond Corporation finds in an updated technical report that the underground project at its Karowe diamond mine, in Botswana, has the potential to recover 4.5-million carats over a ten-year mine life. The company set out to update the...
MinRex Resources has entered into a definitive arrangement agreement with TSX-V-listed Electrum Discovery to acquire 100% of its issued and outstanding shares through a statutory plan of arrangement under the Business Corporations Act of British Columbia (BCBCA). The...
Copper extended a powerful rally after bursting through $13 000 a ton for the first time, as traders and investors bet on a tighter global market. Three-month futures surged as much as 2% to a record above $13 253 a ton in London on Tuesday, surpassing the peak set on...
The US Energy Department announced on Monday it was awarding orders totaling $2.7-billion to three companies to boost domestic uranium enrichment over the next ten years in a broader effort to reduce US dependence on Russian supply. American Centrifuge Operating,...
