Acacia Mining, which is scaling back operations to cut losses and settle a dispute with the Tanzanian government, has spent $3.2 million on options to sell 210,000 ounces of its gold output at $1,300 per ounce.

China agreed on Wednesday to loan Guinea $20 billion over almost 20 years in exchange for concessions on bauxite, an ore of aluminium which the West African country has in abundance, the mines minister said.

South Korea’s SK Innovation said on Thursday it has started commercial production of lithium-ion batteries with an increased portion of nickel, while reducing the usage of expensive components such as cobalt to extend battery life and cut costs.

As ever with rare earths, this is all about what is happening in China, the world's dominant producer of these critical materials.

Deal valued at $635 million.

Death toll has risen to five after a tremor rocked the firm's Kusasalethu mine last week.

The business could fetch around $10 billion, two banking sources said.

Zambian electricity utility Copperbelt Energy Corporation (CEC) and Glencore's Mopani Copper Mines have reached an agreement to restore full power supply to the mine from Wednesday, the president's office said on Wednesday.

Contract is for commercial construction equipment.

More than a hundred environmental activists gathered last weekend to practice seaborne drills to disrupt construction on Kinder Morgan's Westridge crude oil terminal.

China Minmetals Corp has flagged off its maiden deep-sea venture seeking minerals in the east Pacific Ocean, a company spokesman confirmed.

The company plans to locate the installation next to its existing Rio Seco manganese plant in the Peruvian province of Huaral.