China industry ministry to ban new steel project expansions – Xinhua

Miao Wei, minister of industry and information technology, said the capacity expansion ban would also apply to the cement and flat-glass industries.

Reuters | January 10, 2019 | 12:13 pm

Azeri state fund to boost share of gold in its holdings this year

SOFAZ held 50.95 tonnes of gold worth $2.1 billion at the end of 2018.

Reuters | January 10, 2019 | 12:08 pm

Anglo American betting on South America to grow base metal assets

Anglo American has obtained hundreds of permits to explore in the Brazilian states of Mato Grosso and Para.

Reuters | January 10, 2019 | 12:05 pm

Glencore loses exclusive rights to major Libyan oil grades

Glencore lost exclusivity on Messla and Sarir.

Reuters | January 10, 2019 | 11:48 am

Sibanye-Stillwater expects gold output to miss forecast amid wage strike

The company's gold output in 2018 will be lower than forecast as almost half of the employees stopped working since mid-November in a wage strike.

Reuters | January 10, 2019 | 6:00 am

Chile’s Collahuasi plans resource sharing with Canada’s Teck Resources

Chile's Collahuasi copper mine is seeking "synergies" with companies with operations close to its own mine in the Atacama area.

Reuters | January 9, 2019 | 10:43 am

Norsk Hydro CEO eyes Brazil plant restart in “weeks or months”

The plant is operating at half capacity after early last year admitting it had made unlicensed emissions of untreated water.

Reuters | January 9, 2019 | 10:35 am

China steel prices rise on consumption boost plans, trade talk hopes

China plans to introduce policies to boost domestic spending on items such as automobiles and home appliances this year.

Reuters | January 9, 2019 | 10:18 am

Tanzania’s Magufuli wants central bank to buy gold as part of its reserves

Tanzanian President Magufuli said the central bank should start buying the country's gold to curb smuggling and build reserves to stabilise the currency.

Reuters | January 9, 2019 | 10:06 am

Chile copper mines to triple use of sea water in 10 years—report

Use of sea water, both desalinated and direct from the ocean, to increase by 230% over 2018 levels.

Reuters | January 8, 2019 | 2:35 pm

Tanzania names latest mining minister in ongoing industry clash

A prolonged spat between the government and gold producer Acacia over a $190 billion tax bill has severely limited the company's operations in the East African nation.

Reuters | January 8, 2019 | 1:07 pm

S.Korea court approves seizure of some of Nippon Steel’s assets

A request was made by plaintiffs in a wartime forced labour case to seize part of the local assets.

Reuters | January 8, 2019 | 12:52 pm

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