First Quantum Minerals (TSX:FM), is going to court over a disputed labour agreement at its Zambia copper mine, after talks between the company and unions collapsed.
Thousands of informal miners suspended their indefinite protest in the gold-rich Peru’s Madre de Dios region after three gold miners were killed in clashes with police yesterday.
Over 33,000 workers of Harmony Gold Mining (NYSE:HMY), South Africa's third-biggest gold producer, will be owners of direct shares in the company thanks to its employee share ownership plan (ESOP), announced CEO Graham Briggs today.
Freeport McMoRan Copper & Gold Inc will produce 80 million pounds less copper and 125,000 ounces less gold due to labour strife at the company's Grasberg mine in Indonesia.
Improving U.S. economic sentiment bringing prospects of an interest rates rise ahead have strengthened the dollar and meantime weakened the gold price while platinum is again showing a premium over gold.
