Political shifts lift investor mood in southern African mining

Mining is a long-term game, but in southern Africa dramatic political changes have transformed the investment mood for the better in the space of a year.

Reuters | February 8, 2018 | 12:45 pm

Colombia’s Cerrejon, union reach last-minute deal to avoid strike

The largest union at Cerrejon has reached an 11th-hour salary and benefits deal with the company, avoiding a strike, the union said on Thursday.

Reuters | February 8, 2018 | 12:14 pm

Russian gold miner Petropavlovsk names new chief executive

The appointment comes less than a month after Kazakh businessman Kenges Rakishev told Reuters he wanted to bring back co-founder Pavel Maslovskiy as CEO.

Reuters | February 8, 2018 | 12:11 pm

Two more directors leave Goldman after trading slump

This leave added to a string of departures by key commodities traders after the Wall Street firm reported a sharp drop in 2017 trading revenue.

Reuters | February 8, 2018 | 12:07 pm

South Africa’s Gold Fields says headline earnings to fall up to 12 pct

The miner flagged headline earnings per share of $0.23 to $0.26 per share for the year ended Dec. 31, 2017.

Reuters | February 8, 2018 | 11:00 am

Coal buyers spooked by Indonesia’s new shipping rules

Indonesian coal buyers holding back orders of fuel after government issued new shipping rules for coal and crude palm oil that restricts exports to vessels.

Reuters | February 8, 2018 | 10:36 am

South Africa gold miners seen close to silicosis lawsuit settlement

A class action suit brought against gold producers in South Africa is likely to be settled "within months" with $755 million going to miners suffering from fatal lung disease

Reuters | February 7, 2018 | 5:44 am

Russia’s Nornickel to grow platinum group metals mining in new JV

The world's leading palladium producer is planning a joint venture with Russian Platinum.

Reuters | February 7, 2018 | 4:21 am

Why Tesla is turning to Chile for its lithium: Andy Home

Chile is an obvious place for Tesla's chief executive, Elon Musk, to look for secure supply, as the global lithium mother-lode is in the brine lakes of the country's Atacama desert.

Reuters | February 7, 2018 | 3:34 am

South32 prepares to spin off South African coal assets within six months

President and chief operating officer Mike Frasersaid company has received a number of offers for the assets, which it up for sale in November last year as part of a shift away from coal.

Reuters | February 6, 2018 | 10:21 am

Investment poised to increase in Chile – central bank survey

Chile's economy is poised to improve by mid-year as rebounding copper prices and President-elect Sebastian Pinera's promise of business-friendly policies increase optimism among investors.

Reuters | February 6, 2018 | 3:49 am

Palladium rally may mean auto catalytic converter price hikes coming

Increased automotive industry demand and a supply shortage boosted the price of palladium to an all-time high of $1,138.00 on Jan 15

Reuters | February 5, 2018 | 12:10 pm

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