Protests halt top copper mines in Peru from shipping, cut off supplies Anti-mining protests in Peru have held up about $400 million in copper exports from some of the country’s top mines. Reuters | August 8, 2019 | 3:05 pm
Gold-backed ETFs maintain strong momentum in July Total gold holdings in July reached 2,600 tonnes -- the highest level since March 2013. Jackson Chen | August 8, 2019 | 2:21 pm
Rio Tinto CEO defends miner as ‘cash machine’ amid stock retreat The world’s second-largest miner had been on a roll this year. Bloomberg News | August 8, 2019 | 12:34 pm
Barrick said to weigh sale of Tongon mine amid asset disposals Barrick is separately working with advisers at Scotiabank to find a buyer for its Massawa gold project in Senegal. Bloomberg News | August 8, 2019 | 11:39 am
Glencore Zambian unit closes two mine shafts; opposition sees 1,400 job cuts Glencore's Mopani Copper Mines in Zambia has closed two shafts at its Nkana mine. Reuters | August 8, 2019 | 11:17 am
Iamgold cuts production guidance due to Rosebel suspension, stock down 14% Iamgold has also announced drilling results for its Saramacca joint venture project. Jackson Chen | August 8, 2019 | 11:08 am
Danakali secures financing for power plant at vast potash project in Eritrea The Colluli potash mine has been deemed “a game changer” for Eritrea’s economy. Cecilia Jamasmie | August 8, 2019 | 10:29 am
Indonesian nickel miners urge govt not to bring forward 2022 ore export ban A 2017 regulation stated that miners who are currently building smelters are allowed to export unprocessed mineral until January 2022. Reuters | August 8, 2019 | 9:51 am
Glencore and the perils of riding the electric vehicle tiger The battery metal that was supposed to power Glencore's earnings has rapidly turned into a liability. Reuters | August 8, 2019 | 9:39 am