Polymetal plays down scope of sanctions as London-listed shares tank

Mining News Pro - Gold producer Polymetal International PLC sought to play down the impact of US sanctions on its Russian operations as its London-listed shares tanked on Monday, emphasizing that the restrictions did not affect its business outside Russia.

Brazil to ease licencing of newly listed strategic minerals projects

Mining News Pro - The Brazilian government has issued a list of specific metals it aims to boost production of through a recently established policy that seeks to identify projects of minerals deemed of special interest to the country.

Macmahon enlisted at Warrawoona as construction begins

Mining News Pro - Calidus Resources has started construction works and named Macmahon Holdings as its preferred mining contractor at the Warrawoona gold project in the Pilbara region of Western Australia.

Nasdaq-listed firm caught up in 83-tonne fake gold bars scam

Mining News Pro - A Wuhan-based jewelry maker said officials in China are investigating allegations the Nasdaq-listed company used fake gold bars to secure loans from Chinese financial institutions.

Fortescue listed among top companies for female career advancement

Mining News Pro - Fortescue Metals Group is the only Australian company to be recognised among Parity.org‘s list of Best Companies for Women to Advance this year.

Cobalt 27 to acquire ASX-listed Highlands Pacific

Mining News Pro - Cobalt 27 Capital has entered an agreement to acquire ASX-listed Highlands Pacific. The acquisition, valued at $96 million, will increase Cobalt 27’s exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea.

WA listed companies reach highest value since 2011

Mining News Pro - Deloitte’s latest WA Index has shown that the value of Western Australia-based listed companies has jumped by 26.8 per cent to $193.5 billion during the 2018 financial year, the highest level since May 2011.

Morgan Stanley predicted;

Copper after the palladium was listed as the best investment

Mining News Pro - According to Morgan Stanley, major metals will face dangers in the coming months, including a sharp rise in global tensions in trade and the recession in China.

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