The Canadian mining firm’s interests in eastern DRC have come under periodic attack by Mai Mai militiamen.

Authorities said that 14 bodies have been recovered and four people are missing and feared dead.

Expectations that the world's top steel producer, will launch more infrastructure projects this year boosted support to the steelmaking raw material.

Global benchmark spot gold held above $1,400 an ounce this week, up more than 10% this year.

Glencore has set up this blending facility because of an increase in the amount of dirty concentrates available in the market.

Profit came in at 13.51 billion rupees ($195.98 million) for the three months ended June 30, compared with 15.33 billion rupees a year earlier.

Usiminas released quarterly earnings earlier in the day, posting net income of 171 million reais ($45.5 million), reversing losses from a year earlier.

At issue was Siani's alleged failure to "fully and immediately" disclose information about the accident.

A joint provincial and federal review panel found the 260,000 barrel per day Frontier mining project would be in the public interest.

The world's largest aluminium producer outside China has been restoring operations after US sanctions were lifted in January this year.

The settlement follows a long legal battle by miners to win compensation for illnesses they say they contracted over decades because of negligence in health and safety.

They say they have no plan to sell large amounts of the metal.