The fifth richest woman in the world, Gina Rinehart, has sold $50 million worth of her shares in Australian newspaper group Fairfax as she continues to push for a seat on the company's board.
Aluminum Corporation of China Limited and Ivanhoe Mines Ltd. agreed that the Chinese aluminum firm will get 30 days to buy Ivanhoe's stake in SouthGobi Resources.
On Wednesday, a day after after all three major global ratings agencies – Fitch, Moody's and Standard & Poor's – placed South Africa's credit rating on negative outlook, home affairs minister Nkosazana Dlamini-Zuma became the latest senior figure in the ruling ANC party to join a growing chorus calling for state control of mining.
A lack of cranes, tractors, tugs and other port equipment is affecting the productivity and efficiency of the ports of Beira and Nacala in Mozambique, which can handle only 35% of their export loads.
On top of increased demand from China, the re-emergence of a trader controlling more than half of London Metal Exchange copper stocks and cash contracts could squeeze the market just as it did in April.
NPR talked to residents of Mingo County, a coal region in West Virginia. Voters predominantly believe that the current administration in the White House is running a "War on Coal" and the region they grew up in is getting left behind.