Canpotex taps Cameco’s Seitz as next CEO

Canpotex Ltd, the potash export sales arm for Potash Corp of Saskatchewan, Mosaic Co and Agrium Inc, said on Tuesday that Ken Seitz would succeed Steve Dechka as chief executive officer on Nov. 1

Reuters | August 4, 2015 | 3:30 pm

Bucking the global trend, South Koreans pile into gold

South Koreans are on course to buy a record amount of gold in 2015, worried that a meltdown in China's stock markets will destabilise South Korean equities and keen to replenish a traditional store of value in an era of low interest rates.

Reuters | August 4, 2015 | 12:41 am

For Indians, paper gold can’t beat the real thing

India is meeting stiff resistance in its drive to make the buying of gold jewellery more transparent and to channel demand into paper gold to stop the metal being used to hide billions of dollars of undeclared 'black money'.

Reuters | July 13, 2015 | 4:45 pm

The fate of global rare earth miners rests on a China smuggling crackdown

The fate of debt-ridden U.S. rare earth miner Molycorp rests on China's efforts to crack down on networks that smuggled as much as 40,000 tonnes of the vital technology metals out of the country last year, driving down global prices.

Reuters | July 10, 2015 | 8:52 am

Cupric to spend $200 mln to build Botswana copper mine

Cupric Canyon Capital, a private equity firm backed by a unit of Barclays Plc, will spend $200 million to bring its copper-silver mine in Botswana to production.

Reuters | July 7, 2015 | 10:17 am

Botswana seeks bids to build solar plants for mines

Botswana's government launched a bidding process on Tuesday to construct solar power plants near its huge Jwaneng diamond mine.

Reuters | July 7, 2015 | 6:42 am

Gold above 3-1/2 month low after positive U.S. jobs data

The metal cut some losses on Thursday, rebounding slightly from a 3-1/2 month low after data showed the U.S. labour market to be weaker than expected in June.

Reuters | July 2, 2015 | 1:28 am

Gold steadies as Greece fears offset by weaker euro

It gave up early gains as the prospect of a Greek debt default, which hit European shares, was offset by a strengthening dollar and wariness among investors over the metal's longer-term outlook.

Reuters | June 29, 2015 | 5:49 am

Burkina Faso parliament adopts new mining code

Burkina Faso's transitional parliament passed a new mining code on Friday that abolishes a previous 10 percent tax break on mining company profits and obliges firms to pay into a local development fund.

Reuters | June 26, 2015 | 2:58 pm

Gold slips to 2-week low as buyers await news on Greece

Gold edged lower on Wednesday as the dollar pared earlier losses versus the euro, while traders took to the sidelines to await news on Greece's negotiations with its international lenders to avoid default.

Reuters | June 24, 2015 | 10:22 am

Vale expects to raise $1.5 bln from asset sale in Brazil

The world's largest producer of iron ore could raise about $1.5 billion through the sale of a stake in one of its Brazil-based assets.

Reuters | June 24, 2015 | 9:45 am

Asian coal prices close to floor, unlikely to fall further than $10 -industry

Coal prices in Asia are already at levels that have forced some producers to curb supply and are unlikely to fall more than another $10, industry officials said.

Reuters | June 10, 2015 | 9:44 am

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