China aims to supersize coal sector through mergers

China plans to create several "super-large" coal mining companies by the end of 2020 as nation ramps up years of efforts to streamline the fragmented sector.

Reuters | January 5, 2018 | 12:31 pm

Asia Gold-Higher prices dent demand

Physical gold demand across Asia remained subdued this week as prices rallied to a three-and-a-half-month high, keeping retail buyers away from the market.

Reuters | January 5, 2018 | 11:26 am

China’s steel futures fall as snow to curtail construction demand

Cold weather is expected to hit regions across China in the coming week, bringing snow and rain that may cause disruptions at construction sites, one of the biggest consumers of steel.

Reuters | January 4, 2018 | 6:38 pm

Union at Chile Lomas Bayas mine far from deal with Glencore

Unionized workers at Glencore's Lomas Bayas copper mine rejected a final contract offer and began government-facilitated mediation Thursday to avoid strike.

Reuters | January 4, 2018 | 11:32 am

U.S. court rules against miner Crystallex in Venezuela dispute

Crystallex International Corp is seeking to collect $1.2 billion plus interest awarded in 2016 by a World Bank tribunal against Venezuela, which Venezuela has refused to pay.

Reuters | January 3, 2018 | 6:31 pm

Suncor, Teck buy part of Total stake in Canada oil sands mine

Suncor Energy and Teck Resources Ltd have taken higher stakes in Fort Hills oil sands mine from partner Total SA, resolving a dispute over building costs.

Reuters | January 3, 2018 | 3:39 pm

Blue skies, green cars and a year of revolution for industrial metals: Andy Home

Arrival of new Silicon Valley players like Tesla and Apple to old world of metals serves to reinforce focus on environmentally clean, ethical supply chains.

Reuters | January 3, 2018 | 3:31 pm

Germans invest heavily in gold in 2017, Deutsche Boerse says

Gold is seen as a safe haven for investors during times of uncertainty. Spot gold prices gained about 14 percent during 2017.

Reuters | January 3, 2018 | 11:05 am

Court orders Zambia Vedanta unit to pay state firm $139 million

London court has ordered KCM to pay state mining company $139m in a claim related to copper price, raising by $36m the amount originally ordered to pay.

Reuters | January 2, 2018 | 3:21 pm

Glencore sells Australian coal mine to Gupta’s GFG Alliance

Glencore agreed to sell one of two Australian coal mines it put up for sale last year to British industrialist Sanjeev Gupta's GFG Alliance.

Reuters | January 2, 2018 | 1:03 pm

India’s top iron ore state to meet output target despite mine closures

Odisha state likely to produce 100m tonnes of ore in the 2017/18 fiscal year, in line with its target, despite authorities ordering closure of some mines.

Reuters | January 2, 2018 | 12:57 pm

India gold imports surge 67 pct in 2017 on restocking, retail demand

The rebound in purchases by India could support global prices, which are already near their highest levels in three months.

Reuters | January 2, 2018 | 10:57 am

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