Smelting constraints make zinc’s price plunge look overdone

Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the sell-off is premature.

Reuters | July 17, 2018 | 12:23 pm

China’s top steel city extends pollution curbs until July 21

Tangshan, China's top steelmaking city, has extended recent emergency pollution control measures until July 21 because of a possible major smog alert.

Reuters | July 17, 2018 | 11:40 am

Strong demand powers Sandvik Q2, but inventory concerns weigh on shares

Swedish Sandvik, which makes metal-cutting tools and mining gear, reported record-high quarterly earnings and orders on Tuesday on the back of a broad rise in demand, with its mining unit a particular stand-out

Reuters | July 17, 2018 | 11:17 am

South Africa’s Solidarity union to agree wage deal with Eskom

South Africa's Solidarity trade union will accept a three-year wage offer from state-run power utility, Eskom.

Reuters | July 17, 2018 | 10:56 am

South Africa’s Amplats, PIC create venture fund to lift PGM industrial demand

The world's no. 1 platinum producer has spun off an internal fund and invested $100 million in a new venture capital fund

Reuters | July 17, 2018 | 4:30 am

Rio Tinto posts jump in iron ore output, flags stronger 2018

Rio said it expected iron ore shipments for the year to be at the upper end of its range of 330 million to 340 million tonnes, thanks to productivity improvements and fewer weather-related disruptions compared to Q2 2017.

Reuters | July 17, 2018 | 3:10 am

Four miners killed in Georgia in coal mine accident, officials say

The government will close the mine until an investigation is complete and it gets the conclusions of international experts.

Reuters | July 16, 2018 | 10:22 am

Africa’s richest man signs $650 mln Afreximbank loan for oil refinery

The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing.

Reuters | July 15, 2018 | 7:45 am

Landslide at Myanmar jade mine kills at least 15, injures 45: official

This is the latest disaster in the Hpakant jade mining region.

Reuters | July 14, 2018 | 2:03 pm

Pain for aluminium shorts as LME gets squeezed again: Andy Home

The London Metal Exchange aluminium price has on Friday morning touched $2,021.50 per tonne.

Reuters | July 13, 2018 | 4:40 pm

Asia Gold-Buying picks up in India on low prices

"In last few days the rupee and international prices are moving in favour of buyers. Jewellers are placing orders," said a Mumbai-based dealer.

Reuters | July 13, 2018 | 11:29 am

BHP makes contract offer to union at Escondida mine in Chile

Labor talks at Escondida are in the final stretch before a 30-month contract expires at the end of July.

Reuters | July 12, 2018 | 4:03 pm

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