Treasury Secretary Steven Mnuchin signaled he won’t back down from plans to lift sanctions on three companies tied to an ally of Russian President Vladimir Putin even as he said the Trump administration would consider delaying the move to accommodate c…
Mnuchin defends lifting sanctions on firms tied to Putin ally Read More »
Barrick Gold’s new CE is surprised by the “hysteria” over whether the world’s largest gold miner will remain a Canadian company. Barely a week after his Channel Islands-based Randgold Resources merged with Barrick, Mark Bristow says he’s determined to …
Barrick Gold’s new CEO dismisses Canada HQ debate as ‘hysteria’ Read More »
Barrick Gold Corp’s new boss intends to push ahead with plans to increase investment in the mineral-rich – but environmentally tricky – deposits straddling the Chile-Argentina border. “If you want to find elephants, go to elephant country,” CEO Mark Br…
Barrick CEO to forge ahead in Latin America despite past strains Read More »
In a surprise twist, Democratic Republic of Congo opposition leader Felix Tshisekedi was declared the winner of last month’s Presidential election, although his victory is being marred by claims by a rival that the poll was rigged. The African country …
Too early to bet on mining policy change: Congo vote reaction Read More »
Oil traded near a one-month high after entering a bull market, while the tension between an uncertain economic outlook and efforts by Opec to restrict supplies continued to cause volatile trading. West Texas Intermediate slipped 0.5% after a rally on W…
Oil near one-month high amid Opec cuts, economic uncertainty Read More »
Tiffany & Co. is telling consumers where its diamonds come from as the jeweler tries to become more transparent in a notoriously opaque industry. Its top executive says the change was imperative. “This is a topic that has become more and more relev…
Tiffany CEO says it’s his ‘duty’ to reveal diamonds’ provenance Read More »
Seven new Democratic chairmen of House committees demanded Tuesday that Treasury Secretary Steven Mnuchin hold off on the planned easing of sanctions against three companies tied to Russian billionaire Oleg Deripaska. “As the chairs of committees with …
Democrats ask for delay in easing sanctions linked to Deripaska Read More »
Iron-ore’s rally over the past month, with benchmark material pushing back into the $70s, is at risk as banks including Goldman Sachs Group and Morgan Stanley warn that prices are poised to drop back. While industry fundamentals have improved, current …
Goldman warns iron-ore’s jump into $70s ‘is not sustainable’ Read More »
First Quantum Minerals is poised to fire up a giant copper project in Panama, thousands of miles from its beleaguered mines in Zambia. For bondholders, that’s a welcome distance. The Canadian copper company is ramping up production at the Cobre Panama …
Deep in a Panama rainforest, First Quantum bondholders spy prize Read More »
India’s top court has asked Tamil Nadu to comply with a green tribunal order allowing the restart of Vedanta’s copper smelter that has been shut since March, while also agreeing to hear the southern state’s appeal. The Supreme Court, in an interim ruli…
India court backs Vedanta restart order while State appeals Read More »
