South Africa mines minister delays finalisation of draft mining charter

Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.

Reuters | July 8, 2018 | 6:38 am

Labor talks at BHP´s Escondida mine in Chile enter ‘home stretch’

Labor negotiations are entering into the final three weeks before a 30-month contract expires at the end of July.

Reuters | July 6, 2018 | 3:35 pm

BP in lead to acquire BHP’s US onshore shale assets

The move represents a big bet by BP on U.S. oil and gas production at a time when energy prices are rebounding.

Reuters | July 6, 2018 | 3:19 pm

India’s June gold imports drop by a quarter as rupee hits record low

The rupee hit a record low in the last week of June and has lost nearly 8 percent so far in 2018. Local gold prices have risen more than 5 percent.

Reuters | July 6, 2018 | 11:09 am

Chilean miner Mantos Copper seeks buyer to help finance expansion

Mantos Copper bought the Mantos Blancos and Mantoverde copper mines from Anglo for $300 million plus $200 million in conditional future payments.

Reuters | July 6, 2018 | 10:55 am

Japan’s Mitsui may raise its stake in Vale — executive

The sale of Vale stakes has been a subject of market speculation since the world's largest iron ore miner moved to a single class of stock in October. Mitsui currently holds a 5.51 percent stake in Vale.

Reuters | July 6, 2018 | 4:12 am

Steel making raw materials hit multi-week lows in China on trade woes

Prices of steelmaking raw materials dropped to multi-week lows on Thursday as a festering trade row between China and the United States kept risk appetite low.

Reuters | July 5, 2018 | 11:28 am

Eramet searches for lithium deposits in Chile, Argentina, Brazil – CEO

"Our priority is to develop our existing lithium deposit in Argentina. But we are also looking for other deposits in Chile, Argentina and Brazil,"- Eramet Chief Executive Officer Christel Bories

Reuters | July 5, 2018 | 10:59 am

Nigeria to offer 12.7 bln naira mining contract to eight firms

Nigeria will offer a 12.7 billion naira ($41.6 million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday.

Reuters | July 4, 2018 | 11:10 am

Anil Agarwal faces shareholder resistance to $1 billion Vedanta bid

Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.

Reuters | July 3, 2018 | 12:18 pm

Outage in Canada’s oilsands is pushing U.S. crude to four-year high

Oil prices rose on Tuesday after Libya declared force majeure on some of its crude exports, while the loss of Canadian supplies helped lifted U.S. crude to 3-1/2-year highs.

Reuters | July 3, 2018 | 11:40 am

EU warns US of boomerang effect if Trump imposes car levies

Europe warns Trump vehicle tariffs likely lead to counter-measures by its trading partners on $294 billion of US exports.

Reuters | July 2, 2018 | 10:40 am

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