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Metals and Mining Precious Metals and Mining

  • JUNEAU, Alaska— The Latest on a proposed copper-and-gold mine in southwest Alaska:. Tom Collier is CEO of the Pebble Limited Partnership, which is owned by Northern Dynasty Minerals Ltd. Those entities want to develop the Pebble mine. Mine developer Northern Dynasty Minerals Ltd. says it was unable to finalize an agreement with First Quantum Minerals Ltd., the...

  • The ruling from a state district judge means the Montana Department of Environmental Quality would have to conduct a lengthy environmental review before Lucky Minerals can proceed. The agency also should have looked more closely at the project's effects on grizzly bears and wolverines and considered the broader implications if Lucky Minerals expands...

  • JUNEAU, Alaska— A Canadian company that was courted as a potential partner in a proposed copper-and-gold mine near one of the world's largest salmon fisheries in Alaska has backed away from the project. Northern Dynasty Minerals Ltd., which is seeking to develop the Pebble Mine project in southwest Alaska, said Friday that it was unable to finalize an agreement...

  • LONDON, May 24- NioCorp Developments, which is in the process of raising financing for a minerals project in Nebraska, has just seen its Toronto- listed shares surge from C $0.52 to $0.70 in the space of two days thanks to the U.S. government. No-one's mined niobium in the United States since 1959, according to the United States Geological Survey.

  • GOMA, Congo, May 24- A Mai Mai militia attacked Banro Corp's east Congo Namoya gold mine with rifle and artillery fire on Thursday, a Banro geologist at the mine said, killing five people and wounding several others in the second attack on the mine in less than a year. Fighting between the Congolese army and a local militia in eastern Democratic Republic of Congo...

  • A Mai Mai militia attacked Banro Corp's east Congo Namoya gold mine on Thursday.

  • FIVE PEOPLE KILLED, INCLUDING TWO CONGOLESE SECURITY FORCES, AND SEVERAL COMPANY WORKERS WOUNDED IN ATTACK ON BANRO'S EAST CONGO GOLD MINE- BANRO OFFICIAL.

  • VANCOUVER, British Columbia _ Aurcana Corp. on Thursday reported a loss of $415,000 in its first quarter. The Vancouver, British Columbia- based company said it had a loss of less than 1 cent on a per-share basis. This story was generated by Automated Insights using data from Zacks Investment Research.

  • May 24- Canada's main stock index was trading flat on Thursday as gains for precious metal miners from a rise in gold prices were offset by losses in energy shares due to a drop in oil price. *At 9:59 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite Index was down 6.05 points, or 0.04 percent, at 16,127.75. *Oil prices recorded their largest one-day drop in two...

  • LONDON, May 24- NioCorp Developments, which is in the process of raising financing for a minerals project in Nebraska, has just seen its Toronto- listed shares surge from C $0.52 to $0.70 in the space of two days thanks to the U.S. government. No-one's mined niobium in the United States since 1959, according to the United States Geological Survey.

  • LONDON, May 24- NioCorp Developments, which is in the process of raising financing for a minerals project in Nebraska, has just seen its Toronto- listed shares surge from C $0.52 to $0.70 in the space of two days thanks to the U.S. government. No-one's mined niobium in the United States since 1959, according to the United States Geological Survey.

  • A private security employee guards a diamond processing plant in Zimbabwe's eastern Marange region on December 14, 2011.

    Lawmakers are investigating former Zimbabwean President Robert Mugabe's claim that $15 billion of the country's diamond wealth is missing.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • *Fed May FOMC minutes due at 1800 GMT. LONDON, May 23- Gold prices fell on Wednesday as a stronger dollar outpaced concerns over U.S.- China trade talks, which had earlier boosted the metal's safe-haven appeal. "On the one side, you have the negative impact from currency and interest rates on precious metals and on the other side there are still some safe-haven flows,"...

  • AngloGold employs roughly 8,200 people in South Africa, where mining companies have had to deal with the risk of volatile labour relations, rising costs, regulatory disruptions and technical issues. AngloGold closed a mine in South Africa and sold two others in the country to local rival Harmony and China's Heaven-Sent SA Sunshine last year.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • LONDON, May 18- Pavel Maslovskiy, one of the founders of Petropavlovsk, hopes to return as CEO later this year in the latest twist in a long-running battle for control at the Russian gold miner. Maslovskiy stepped down last year after a shareholder revolt ousted another co-founder, British businessman Peter Hambro. But the company's shareholder base has since...

  • LONDON, May 18- Pavel Maslovskiy, one of the founders of Petropavlovsk, hopes to return as CEO later this year in the latest twist in a long-running battle for control at the Russian gold miner. Maslovskiy stepped down last year after a shareholder revolt ousted another co-founder, British businessman Peter Hambro. But the company's shareholder base has since...

  • LONDON, May 18- Sibanye-Stillwater is confident its planned purchase of Lonmin will go ahead, but the struggling platinum producer must slow its cash burn, the South African firm's chief executive said. Key to closing the deal is Lonmin maintaining its net cash position and achieving certain production targets, Neal Froneman told Reuters during Platinum Week...

  • LONDON, May 18- Gold prices dipped on Friday, weighed down by a firmer dollar, but some traders said signs pointed to a rebound. at 1025 GMT, after hitting its lowest since Dec. 27 in the previous session at $1,285.41. "There are many drivers that are pointing to an upside in the precious metals, so we're buying into this weakness," said Gianclaudio Torlizzi, partner at...