LBMA suspends Russian precious metals refinery from ‘good delivery’ lists

The London Bullion Market Association has suspended the Ekaterinburg Non-Ferrous Metals Processing Plant from its gold and silver good delivery lists due to "ownership related issues".

Reuters | May 16, 2018 | 1:00 am

UAE trader looking to expand into gold refining in Africa

The group is seeking a total investment of $246 million for the refineries and related processing centres, in Ghana and the Democratic Republic of Congo.

Reuters | May 15, 2018 | 11:31 am

Aurubis expects continued strong copper market, confirms outlook

Production of copper cathodes (new metal) in the second quarter rose to 291,000 tonnes from 288,000 tonnes.

Reuters | May 15, 2018 | 11:27 am

South Africa aims to finalise mining charter in June, minister says

The charter lays out requirements for black ownership levels and other targets.

Reuters | May 15, 2018 | 11:18 am

Chile copper mine Sierra Gorda closes following fatal accident

Roberto Venegasa, an employee of equipment supply firm Finning, died during routine maintenance work at the mine, the company said.

Reuters | May 15, 2018 | 10:54 am

Anglo American to spin off unit to encourage platinum demand

The World Platinum Investment Council sees oversupply in the platinum market of 180,000 ounces in 2018.

Reuters | May 15, 2018 | 10:17 am

Polish miner KGHM’s first-quarter profit down 38 pct on sales decline

Net profit for the first three months of the year stood at 439 million zlotys ($121.08 million), compared with the 453 million zlotys expected by analysts.

Reuters | May 15, 2018 | 9:41 am

Argosy seeks project financing for Argentina lithium site through pilot sales -exec

Argosy's Rincon project in northern Argentina will start producing 500 tonnes per year of lithium carbonate equivalent (LCE) next month.

Reuters | May 15, 2018 | 9:32 am

Materials buoy Aussie shares as BHP hits highest since August 2014, NZ at record

BHP shares rose nearly 2 percent, hitting their highest in about 45 months.

Reuters | May 14, 2018 | 11:16 am

Shanta Gold to expand search in Tanzania, as new laws deter others

Shanta Gold will conduct further exploration near its main mine in Tanzania after cutting costs in the past year to cope with tougher mining laws.

Reuters | May 14, 2018 | 11:11 am

Strike shuts off 1.2 mln T bauxite output at Guinea SMB mine

The company had already lost between one million to 1.2 million tonnes of scheduled bauxite production because of the strike.

Reuters | May 14, 2018 | 11:02 am

Lonmin cuts H1 loss and trims spending ahead of Sibanye merger

The proposed deal with Sibanye is conditional upon Lonmin retaining a positive cash balance by the time it is to close in the second half of the year.

Reuters | May 14, 2018 | 9:47 am

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