Time is running out for deal to merge African gold mines

Industrial metals face at least six months of stagnation as market conditions in China deteriorate and low prices are needed to curb supply, Standard Chartered Plc said, slashing forecasts for this year and next.

More than 1 000 South African workers at a Sibanye Gold mine have ended a two-day sit-in to protest against the deaths of colleagues, a union and company officials said on Wednesday.

Vancouver mineral bank's combination with two gold and rare earth explorers sinks its share price.

Billions wiped from mining sector as Chinese manufacturing activity contracts to a six-and-half year low.

Neighbours include Imperial Mines and Pretium Resources.

The finding is more than double the age of the previous oldest known occurrence of reidite, believed to have formed about 450 million years ago.

Labour action threatened after half the workers at El-Abra mine in Chile – jointly owned by world's top copper miners Codelco and Freeport – were let go.

By Black Monday, speculators on the gold futures market were well positioned to go bearish on bullion again and stop the momentum of safe haven buyers.

The 64-year-old American-Belgian citizen has become the first businessman ever arrested for suspected involvement in the illegal trade of “blood” diamonds.