Mixed fortunes for Russian metal at mid-point of aluminum mating season
Mining News Pro - Midway through the aluminum market’s so-called mating season of end-users and sellers locking in supply deals, Russian metal is experiencing mixed fortunes, with some European industrial companies avoiding it for 2024.
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Visit: 125
Fortune Minerals extends purchase option on Alberta refinery site for NICO project
Mining News Pro - Fortune Minerals has further extended its purchase option on the JFSL Field Services ULC brownfield site in Lamont County, Alberta, where it plans to build a hydrometallurgical refinery for the company’s vertically integrated NICO critical minerals project.
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Visit: 585
Fortune Minerals plans Alberta cobalt refinery
Mining News Pro - Fortune Minerals intends to buy a defunct steel processing plant in Alberta and turn it into a cobalt refinery.
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Visit: 639
Linden seeks Second Fortune with Mako contract
Mining News Pro - Linden Gold Alliance has awarded Mako Mining with a $46 million contract for underground mining services at the Second Fortune gold project in Western Australia.
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Visit: 544
Fortune Nickel and Gold acquires strategic lands in Ontario
Mining News Pro - Fortune Nickel and Gold, a wholly-owned subsidiary of Here To Serve Holding, announced that it has acquired strategic lands in Ontario, in the general area where Canada Nickel has discovered several significant deposits of nickel and other metals.
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Visit: 584
Gold price surge adds $3 billion to three family fortunes
Mining News Pro - Tech and pharma may be getting the attention these days, but three mining billionaires are quietly padding their fortunes with an investment that’s decidedly more old school.
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Visit: 562
Mining billionaires who made their fortunes the fastest
Mining News Pro - Billionaire fortunes have been whipsawed in recent months by global trade tensions and economic uncertainty caused by the coronavirus pandemic. For one group, however — tycoons with major holdings in mining, particularly gold assets — it’s been a prosperous time.
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Visit: 637
Fortune lies in Canada’s oil sands
Mining News Pro - At the Fish Place diner in Fort McMurray, booths are filled with oil workers in baseball caps and the parking lot is lined with pickup trucks sporting six-foot (1.8 meter) neon safety flags, a hallmark of the mining industry.
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Visit: 666
Canada’s Fortune Minerals scales back mine on weak cobalt
Mining News Pro - Canada’s Fortune Minerals Ltd said on Thursday it would shelve plans to upsize its early-stage cobalt mine in the country’s far north while it continues to hunt for a strategic partner.
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Visit: 773
Gold price rally adds $1.8 billion to these family fortunes
Mining News Pro - Billionaire fortunes are getting whipsawed by global trade tensions, but for one group — tycoons with major holdings in gold-mining assets — it’s a prosperous time.
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Visit: 551
There may be a fortune buried in a forgotten corner of Europe
Mining News Pro - The ancient scooter gurgling through a languid summer afternoon brought groceries and a fistful of cash to Sasa Antic’s house.
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Visit: 712