Gold: demand mixed as prices rally; safe-haven interest picks up Global benchmark spot gold was on course for a weekly gain, having jumped nearly 2% on an escalation in U.S.-China trade tensions. Reuters | August 2, 2019 | 11:54 am
China iron ore falls most in 4 weeks amid Vale optimism, demand concerns Worries about demand for steel products also weighed on iron ore. Reuters | August 2, 2019 | 10:59 am
Electric ambition: BHP eyes EV market with speciality chemicals The world's biggest miner will face a test of its ability to move beyond bulk mining. Reuters | August 2, 2019 | 10:40 am
Barrick allowed to operate Porgera mine, lease extension being considered The government is looking into an application by Barrick Niugini Ltd, a joint venture between Barrick and China's Zijin Mining Group. Reuters | August 2, 2019 | 9:26 am
Sierra Leone cancels major mining licences Tonkolili has challenged the decision in the country's high court. Reuters | August 2, 2019 | 9:17 am
Malaysia asks Lynas for waste plan before licence renewal Malaysia's environment ministry set conditions in December for Lynas to remove its waste stockpiles before it would renew its operating licence. Reuters | August 1, 2019 | 11:41 am
Philex seeks partners for $1.1bn Silangan project The Silangan project, originally slated to begin production by 2018, was hit by a ban on new open-pit mining introduced in 2017. Reuters | August 1, 2019 | 11:25 am
Altura Mining signs deal to supply lithium to Chinese company Altura will supply 50,000 dry metric tonnes of lithium concentrate per annum to Guangdong Weihua Corp. Reuters | August 1, 2019 | 9:46 am
Albemarle revises Australian Wodgina joint venture as lithium market sags Albemarle has now agreed to pay $820 million for a 60% stake in the Wodgina mine, down from $1.15 billion for a 50% stake agreed in late 2018. Reuters | August 1, 2019 | 9:41 am
Hudbay shares slump 20% after court bars construction at Arizona project The ruling from the U.S. District Court for Arizona challenged the U.S. Forest Service's June 2017 decision that enabled the company to move forward with a mine plan. Reuters | August 1, 2019 | 9:36 am
Zimbabwe to replace empowerment law — finance minister Foreign investors can now take majority stakes in the platinum and diamond sectors. Reuters | August 1, 2019 | 9:29 am
Vale CEO hopes to wrap up global dam burst settlement by year-end On Wednesday, Vale reported a $133 million quarterly loss, confounding analysts expectations of a $2.84 billion profit for the period. Reuters | August 1, 2019 | 9:16 am