Randgold not yet paying new higher Congo tax and royalties – executives

Randgold Resources is not yet paying the higher royalties and taxes required by the Democratic Republic of Congo's new mining code as the gold miner is still negotiating with the government.

Reuters | August 9, 2018 | 8:27 am

“Catastrophic” shutdowns expected at Rusal if U.S. sanctions remain

Under the terms of the sanctions, imposed in April in response to Moscow's alleged meddling in the 2016 U.S. election, U.S. customers must wind down business with Rusal by Oct. 23.

Reuters | August 8, 2018 | 4:17 pm

BHP says Brazilian court approves settlement for Samarco

Samarco, a joint venture of Vale SA and BHP Billiton, expects to obtain next year all licenses needed to resume operations.

Reuters | August 8, 2018 | 4:13 pm

This $6.2 million mansion was once 40-room hotel for gold miners

The Goldminer Hotel, established in 1919 at the entrance of the Little Daisy Mine in Jerome, Arizona.

Reuters | August 8, 2018 | 12:49 pm

Discovery of an ancient gold earring echoes of Greek rule over Jerusalem

A gold earring believed to date back more than 2000 years has been unearthed near the site of the ancient Jewish temples in Jerusalem, in what Israeli archaeologists called rare evidence of Hellenistic influence.

Reuters | August 8, 2018 | 11:19 am

Shanghai rebar dips from 6-yr high; tradespat escalates

Rebar open interest falls to lowest in 4 months.

Reuters | August 8, 2018 | 11:01 am

Indonesia issues new tax rules as Freeport seeks fiscal guarantee

Freeport reshapes Indonesia business in deal with govt.

Reuters | August 8, 2018 | 10:41 am

Samarco eyes restart in 2019, when Brazil license analysis concludes

Samarco expects to obtain next year all licenses needed to resume operations suspended after the 2015 environmental disaster.

Reuters | August 7, 2018 | 5:47 pm

Linamar sees higher metals costs as ‘opportunistic’ U.S. companies hike prices

The U.S. Commerce Department said it was investigating recent steel price hikes to determine whether some market participants were "illegitimately profiteering" from 25 percent tariffs introduced by Trump on steel imports.

Reuters | August 7, 2018 | 4:13 pm

Chile lithium exports more than double in July from previous year

The value of exports of the metal from Chile, one of the world's top producers of lithium, jumped 51 percent in the first seven months of the year.

Reuters | August 7, 2018 | 11:15 am

Wages, activity pick up in Australia’s iron ore heartland

New spending by some of the world's largest iron ore miners is tightening the market for jobs and support services in Australia's biggest mining region.

Reuters | August 7, 2018 | 11:02 am

Tasmanian nickel mine to restart, Transamine secures offtake

Privately held Dundas Mining is restarting its Avebury nickel mine in Tasmania early next year and Swiss trading house Transamine has secured the offtake.

Reuters | August 7, 2018 | 10:51 am

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