The agreement would end weeks of negotiations and be a key step in the joint venture owned by Vale SA and BHP Billiton Ltd. eventually resuming operations
South Africa’s Chamber of Mines said its application that the nation’s High Court decide on disputed black-ownership rules will be delayed should a separate request to nullify the country’s mining regulations be heard at the same time.
Teck Resources and Freeport-McMoRan led a mining stock rally on Friday as surging oil prices provided relief for their foray into energy before prices tumbled.
AngloGold Ashanti asked Ghana to redeploy troops at its Obuasi mine after an employee died in an attack by hundreds of illegal miners on the facility last week.
Mexico’s biggest copper producer is leveraging its relatively low debt and strong profit margins to invest more than $4.6 billion expanding some of its mines.
