Indonesian president calls for Freeport deal to be wrapped up quickly

For Indonesian President Joko Widodo, seeking reelection next year, getting a majority stake in the mine for Indonesia would be a political boon.

Reuters | November 29, 2018 | 9:53 am

Congo plans to audit Glencore unit’s cobalt over uranium levels

Relations with Congolese authorities have grown increasingly strained in recent months as the government pushes for foreign investors to contribute more.

Reuters | November 29, 2018 | 9:37 am

Codelco copper output, profit falls as costs rise

Mine output fell 3 percent in the first nine months of the year as ore grades sharply declined, leading to a 12 percent drop in pretax profit.

Reuters | November 29, 2018 | 9:21 am

Detour Gold denies Paulson’s demand to immediately replace CEO

In a letter to shareholders, Detour said it had "tried hard to settle with Paulson," but was unable to reach an agreement.

Reuters | November 29, 2018 | 9:17 am

World Gold Council to appoint David Tait chief executive

Tait will take over in February from Aram Shishmanian, the council's CEO for the last decade.

Reuters | November 28, 2018 | 2:22 pm

Rio Tinto to proceed with $2.6B iron ore mine in Western Australia

Construction for the project will start in 2019, with first production expected in late-2021.

Reuters | November 28, 2018 | 2:08 pm

Chile’s Spence copper mine back in operation after strike

BHP later confirmed in a statement that it had fired 57 workers, including mine operators, supervisors and maintenance workers, but said the mine was again operating normally.

Reuters | November 28, 2018 | 1:51 pm

Indian court panel says state government overreached by closing Vedanta smelter

The company was not given any notice or opportunity to explain its position.

Reuters | November 28, 2018 | 10:07 am

Australia’s Fortescue readies first shipment of new mid-grade iron ore

The new product is a major step in the miner's strategy to wring more value from its iron ore after profits halved last financial year.

Reuters | November 28, 2018 | 9:53 am

World Gold Council to appoint David Tait chief executive

The World Gold Council is funded by gold mining companies and aims to expand demand for gold.

Reuters | November 28, 2018 | 9:43 am

Russia sets aside 10B roubles to buy aluminium

Russia makes a move to support sanctioned aluminium producer Rusal.

Reuters | November 28, 2018 | 6:55 am

Sierra Leone president urges end to strike at Iluka’s rutile mine

The strike is the second in the past month at Sierra Rutile following a week-long stoppage in October that led Iluka to cut its output forecast of rutile.

Reuters | November 27, 2018 | 1:46 pm

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