London gold fix begins seeking 3rd party to run benchmark
Winner will be announced in October, and implementation will be complete by the year-end.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Australia signs uranium export deal with India
The country lifted a long-standing ban on selling uranium to energy-starved India in 2012 and both have been negotiating a nuclear safeguards agreement since then.
Five coal miners die in Bosnia after quake causes mine collapse
Officials halted rescue efforts, believing that five men who remained trapped underground were dead.
Northern Gateway pipeline unlikely to start in 2018
The firm no longer expects to complete its $7.3 billion (and climbing) project in four years.
Joy Global profit drops as sales continue to fall
Fiscal third-quarter profit dropped 61% to $71.3 million, or 71 cents a share, down from $183.2 million, or $1.71 a share, a year earlier.
Ivanhoe transfers 26% of S. Africa’s platinum project to locals
It has given 20% to 20 local groups, 3% to black entrepreneurs and managerial employees, and another 3% to historically disadvantaged South African staff.
Iron ore price hits unwelcome 5-year-low
After flirting with a five-year low for about a month, the iron ore price fell to the lowest price since October 2009.
About $50bn in mining investment expected in Guinea by 2025
But some of the nation's resources that are considered among the world’s largest, such as the Simandou iron ore deposit, face both financial and political challenges.
Glencore’s Dominican mine saved by the President
President Danilo Medina vetoed bill creating a National Park, which would have blocked the expansion of Glencore's Falcondo mine.
Australia kills unpopular mining tax
The decision is considered a key political victory for Prime Minister Tony Abbott.
Delays hit Gemfields ruby plant as Zambia mine reboots
Commissioning of a second processing plant at the Montepuez ruby mine has been postponed to September due to logistical setbacks.