Gold steadied after posting its longest rally in three months as investors weighed growing geopolitical risks in the US, which reinforced demand for havens that have already benefited from central bank easing, slowing growth and the trade war. Palladiu…
Gold gets another boost as US risks strengthen case for havens Read More »
The Church of England has dumped Vale, and it doesn’t look like the Brazilian miner will make it back into the good books any time soon.
The church sold its shares in Vale after a tailings dam collapse in January killed at least 249 people in the Braz…
After dumping Vale, Church of England says miner has ‘way to go’ Read More »
First Quantum Minerals, the owner of Africa’s biggest copper mine, is drawing preliminary takeover interest from global miners after losing half its value over the past five years, people with knowledge of the matter said.
Vancouver-based First Quantu…
First Quantum draws takeover interest Read More »
Uganda said it’s preparing to invite bids to restart the idled Kilembe copper mines, after a deal with a Chinese-led group collapsed more than two years ago. Proposals will involve the government taking a stake under a production sharing agreement, the…
Uganda prepares to invite bids to restart idled copper mines Read More »
Namibia’s economy contracted for the fourth consecutive quarter in the three months through June, dragged down by mining and agriculture. Gross domestic product shrank by 2.6% from a year earlier, compared with a revised 2.9% decrease in the first quar…
Namibian economy contracts for fourth consecutive quarter Read More »
Lower prices of vanadium, a metal mainly known for strengthening steel, are key in the drive to increase its use in the booming battery sector, according to the developer of an Australian mine. The metal’s retreat from a price spike in 2018 is being we…
One battery material sector is cheering for lower prices Read More »
Exxon Mobil is again trying to sell its oil and gas operations in southeast Australia as part of a move to shed assets and boost shareholder returns.
The US supermajor “will be testing market interest” for global assets, including what it operates in …
Exxon puts Australia ops back on block amid global sell off Read More »
Sasol is planning to sell its South African coal-mining business, according to people familiar with the matter. The company will begin a formal sales process in the coming weeks, said the people, who asked not to be identified as the information isn’t …
Sasol is said to plan sale of its South African coal mining unit Read More »
James Kalluk spent much of his childhood inside an igloo in Canada’s far north, close to the Arctic Circle. Building that kind of home requires temperatures low enough to freeze the region’s countless lakes, a particular consistency of snow and a long-…
In planet’s fastest-warming region, jobs come with thaw Read More »
Bullion may be trading near a six-year high, but gold-mining executives keen to show they’re conscientious on costs were munching on potato salad instead of oysters at this week’s industry gathering in Denver. As the CEO of Agnico Eagle Mines, Sean Boy…
Pricey gold doesn’t mean fancy food for miners meeting in Denver Read More »
