Gold Fields plans to extend life of Peru mine through 2040

South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million.

Reuters | September 13, 2018 | 10:24 am

Congo mines minister insists no compromise on new mining code

Democratic Republic of Congo's mines minister said that a new mining code signed into law that hikes royalties and taxes cannot be called into question.

Reuters | September 13, 2018 | 10:10 am

US private equity firm Black Mountain to buy Australia nickel project

A unit of the company, Black Mountain Metals LLP, will buy the Lanfranchi nickel project in the state of Western Australia for $15.1 million from Panoramic Resources.

Reuters | September 13, 2018 | 9:31 am

India’s steel minister wants import duty on coking coal scrapped

India's steel minister wanted the finance ministry to scrap the 2.5 percent duty on imports of coking coal to limit input costs.

Reuters | September 13, 2018 | 9:10 am

Bosnia’s Aluminij calls for government help to ensure survival

Aluminij Mostar, Bosnia's sole aluminium smelter, is at risk from high alumina and electricity prices and only urgent government intervention can help it stay on line.

Reuters | September 13, 2018 | 9:06 am

Belgium’s Umicore to invest over $370 m in Polish battery materials plant

The plant is the first of its kind built by Umicore in Europe and comes as the European Union is trying to develop EV battery manufacturing in the bloc.

Reuters | September 13, 2018 | 8:58 am

Barrick to eliminate innovation role under decentralization

Chief Innovation Officer role on the chopping block.

Reuters | September 13, 2018 | 3:52 am

France’s Saft targets new generation battery production from 2020

Saft, Siemens, Solvay and Manz teamed up in February to develop high-density liquid electrolyte lithium-ion and solid-state batteries.

Reuters | September 12, 2018 | 1:42 pm

Nickel price to benefit from short supply, strong steel demand through 2019

Nickel, which recently hit its lowest since December, could climb as high as $16,000 a tonne by the end of 2018 and $18,000 a year later.

Reuters | September 12, 2018 | 9:54 am

Energy trader Mercuria to grow iron ore business with U.S. mine stake

Mercuria will spearhead a $650 million investment package in the miner in exchange for the stake under a memorandum of understanding.

Reuters | September 12, 2018 | 9:44 am

LME to maintain discounted carry trade fees indefinitely

LME believes the discounts have had a positive impact on trading volumes - the mainstay of the exchange's revenue.

Reuters | September 12, 2018 | 7:39 am

Russia’s Polyus on track to boost gold output in 2019

Its 2018 production is on track to reach the upper end of its forecast range of 2.375-2.425 million troy ounces.

Reuters | September 12, 2018 | 7:31 am

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