Indonesian gold miner Amman is said to consider $600m IPO
The company is reportedly working with advisers to list in Jakarta as early as the fourth quarter.
The company is reportedly working with advisers to list in Jakarta as early as the fourth quarter.
The company has taken a step closer to the construction of the Carmichael coal mine in Australia after winning federal approval for its groundwater management plan.
Giant mines currently under construction will churn out an additional one million tonnes of copper through 2023, but that won’t be enough.
Many precious analysts stop their analysis at gold’s US dollar analysis alone. Sometimes they add silver or mining stocks to the picture, but silver’s non-USD performance is almost never discussed.
A group of minority shareholders in Vale SA has proposed an alternative board member and to change the board election to a cumulative voting system.
One of China’s top commodity traders is reportedly offloading refined copper at below-market rates and using the metal as collateral in financing agreements with banks.
The global economy is slowing down. How serious is the current slump?
The world’s second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will continue to build holdings.
Due to the conflict, some 8,000 people were being prevented from working at the mining complex.
Natural diamond supply is estimated to come off this year and continue to incrementally decline through at least 2021, which should be supportive of diamond prices and thus miners.