S.African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

South Africa's Sibanye has proposed to buy Lonmin for about 285 million pounds ($365 million) to create the world's No. 2 platinum producer.

Reuters | November 21, 2018 | 12:33 pm

Zinc market enters period of peak tightness: Andy Home

Given the tightness in zinc metal availability, smelter supply currently trumps mine supply.

Reuters | November 21, 2018 | 12:17 pm

China’s aluminium output drops as Shanghai price sinks: Andy Home

Chinese production dropped sharply last month, and unless the Shanghai market can break out of its downtrend, more smelter casualties seem likely.

Reuters | November 21, 2018 | 10:35 am

Zambia’s copper output up 10.4 year/year in September

Mining companies operating in Zambia include NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), Canada’s First Quantum Minerals, Glencore, Barrick Gold and Vedanta Resources.

Reuters | November 21, 2018 | 10:15 am

Doubts cast on plans for deluge of new nickel supply

Expectations of a supply avalanche hitting the nickel market next year due to new capacity in Indonesia have sent prices to seven-month lows, but analysts doubt the plans spearheaded by Chinese firms can be carried out so quickly.

Reuters | November 21, 2018 | 9:41 am

Nornickel aims to boost output to tap electric car boom

Nornickel’s current capex plan includes $6.5-7.5 billion for its base investment programme and $2.5 billion for its environmental programme.

Reuters | November 21, 2018 | 3:29 am

Nippon Steel braces for weaker prices amid fears over China slowdown

Natural disasters and glitches at their ageing facilities have prevented Nippon Steel from producing as much steel as they had planned.

Reuters | November 20, 2018 | 10:15 am

Rio Tinto, Nespresso join forces to make coffee pods greener

Both companies are seeking to position themselves as sustainable to boost their investor and customer appeal

Reuters | November 19, 2018 | 1:28 pm

Colombian mining group says tax bill will attract foreign investment

The bill proposes a gradual reduction in taxes on businesses to 30% by 2022 as well as a new sales tax refund of 19% for capital goods such as machinery.

Reuters | November 19, 2018 | 1:10 pm

Saudi King to open $22.7B mining project on Thursday, Al Arabiya TV

The project is part of an industrial scheme aimed at opening up Saudi's north to development that will boost job creation.

Reuters | November 19, 2018 | 12:35 pm

Sibanye faces South African gold strike over wage dispute

The agreement we reached with the other unions is fair and final and considers the current challenges facing our gold operations - Neal Froneman, Sibanye Stillwater

Reuters | November 19, 2018 | 11:30 am

China’s CEFC paid out compensation after Rosneft stake deal fell through

CEFC had signed a deal to buy 14.2 percent of Rosneft from Qatar and Glencore when CEFC Chairman Ye Jianming was put under investigation by the Chinese authorities for suspected economic crimes.

Reuters | November 19, 2018 | 10:30 am

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