Glencore’s Katanga warns of earnings hit if Congo row not resolved

Although Katanga said that copper production was continuing as normal, it warned that its earnings would be affected if the dispute is not settled.

Reuters | November 15, 2018 | 10:50 am

Paulson seeks immediate resignation of Detour Gold’s CEO

The company "unsuccessfully tried to boost short-term performance" including "questionably running up its accounts payable to exaggerate cash flows."

Reuters | November 15, 2018 | 9:29 am

Vale holds talks to expand world’s biggest open-pit iron mine

While the project known as S11D isn’t scheduled to hit its 90-million-ton capacity until 2020, China’s appetite for the mine’s low-cost, high-grade ore continues to grow.

Reuters | November 14, 2018 | 3:59 pm

Paulson & Co keeps stake in gold investments during Q3 -filing

New York-based Paulson & Co maintained its stake as spot gold prices declined more than 5%

Reuters | November 14, 2018 | 3:46 pm

China plumbs ocean depths to extend its cobalt lead

China, the leading holder of international deep sea exploration licences, increases its lead in the race for alternative sources of battery minerals by taking samples from cobalt-bearing mountains deep in the Pacific.

Reuters | November 14, 2018 | 12:52 pm

Vale-BHP Brazil joint venture Samarco names mining exec as new CFO

Cavalcanti joins Samarco as it attempts to renegotiate billions of dollars in debt with creditors and restart operations after a tailing dam burst in 2015, killing 19 people.

Reuters | November 14, 2018 | 12:24 pm

Chinese copper smelters look to mine investment to secure supply

China is the world's biggest consumer of the metal but its own copper mine production has been stagnating amid a broad crackdown on pollution, exacerbating a heavy reliance on imports.

Reuters | November 14, 2018 | 11:59 am

Iran hangs gold coin ‘sultan’ in crackdown after US curbs

Iran executed a gold dealer known as the “Sultan of Coins,” in a warning to merchants not to exploit the country’s financial troubles as U.S. sanctions squeeze the economy.

Reuters | November 14, 2018 | 11:05 am

India’s steel giants to focus on product mix, quality to take on ArcelorMittal

ArcelorMittal's entry into India comes at a time when Indian steel demand is growing at the fastest pace in the world.

Reuters | November 14, 2018 | 10:37 am

VW to convert three German plants to build electric cars

Emden, Hanover and Zwickau will form the largest network for the production of electric vehicles in Europe.

Reuters | November 14, 2018 | 10:26 am

Global cobalt glut won’t be stemmed by Glencore Congo output stoppage

Disruptions to cobalt supplies in the DRC are not expected to eradicate a glut of the material used to make batteries for electric vehicles, thwarting hopes that prices can be boosted from their lowest since March last year.

Reuters | November 14, 2018 | 9:59 am

Chilean regulators reject Albemarle’s plans to boost lithium output

The applicant does not present the details necessary to rule out significant adverse impacts on the soil, water and air.

Reuters | November 13, 2018 | 3:09 pm

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