MINING.COM

India’s gold prices swing to premium ahead of Diwali festival

Local gold prices were trading around 29,760 rupees per 10 grams on Friday, up nearly a percent from last week.

Reuters | October 13, 2017 | 11:35 am

U.S. steel stocks jump after Kobe Steel crisis deepens

"The Kobe Steel crisis is definitely helping other steel producers," Wunderlich Securities chief market strategist Art Hogan said.

Reuters | October 13, 2017 | 11:18 am

Zinc price spike sparks flurry of miner listings

The metal has doubled in prices since late 2015 and investor demands are rising for this "hot commodity."

Reuters | October 13, 2017 | 10:51 am

Vedanta urges Zambia to halt search for new KCM investor

Zambian villagers can sue Vedanta in the UK-London’s Court of Appeal

London's Court of Appeal opened the way for nearly 2,000 Zambian villagers can pursue a claim for damages.

Reuters | October 13, 2017 | 2:29 am

Prairie Mining takes Poland to arbitration court over coal mines

Prairie Mining says near deal with Chinese banks to fund Polish mine

Upfront capital costs for the development of the Jan Karski mine totals $630 million with Chinese lenders expected to financing 85 percent of it.

Reuters | October 12, 2017 | 9:33 am

Rio Tinto’s $2 billion coal assets attract investor consortium: sources

Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.

Reuters | October 12, 2017 | 2:06 am

Thor Mining upbeat on Nevada tungsten project after price rally

Pilot Mountain tungsten project said to be "quite a monster," with five-to-ten years life as a low-cost open pit and 15-year underground life after that.

Reuters | October 11, 2017 | 3:08 pm

Chile mulls new investment incentives for miners

Chile expects moderate rise in copper price — mining minister

Increase won't enough to push price above $3 a pound for the entire year, Mining Minister Aurora Williams said on Wednesday.

Reuters | October 11, 2017 | 9:25 am

Areva's Niger uranium mines to cut staff, slash production — union

France’s Areva to cut Niger uranium production on price drop

Decision is in response to falling uranium prices, a local union leader said.

Reuters | October 11, 2017 | 3:00 am

Altus Strategies explorer joins the Mali gold rush

Juniors have been increasingly active in Mali, regarded as a relatively stable jurisdiction, where Legend has a portfolio of gold projects and licences covering nearly 400 square kilometres.

Reuters | October 11, 2017 | 2:26 am

China steps up efforts to cut coal capacity

China’s top coke producer to curb output in pollution war

Shanxi Coking will trim around 900,000 tonnes of coke and 360,000 tonnes of chemicals from production during the coming winter months.

Reuters | October 11, 2017 | 2:00 am

LME to expand trading around gold and silver reference prices

The LME expects three more clearing members to join its precious metals contracts by year-end.

Reuters | October 10, 2017 | 10:44 am

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