The Russian gold producer has received a 15-year mining permit for its Lefa mine.

By 2030, oil demand could hit a peak and then enter decline.

The founder of Ivanhoe Mines said the Kamoa-Kakula project is “on track to become one of the absolute greatest copper mining complexes in the world.”

Simandou is one of the world's biggest iron deposits, containing billions of tonnes of high-grade ore, but development has been complicated by its location far from the coast.

“There is no renegotiation taking place because a law has been passed in parliament to change the tax regime."

“You don’t create value for your shareholders when it’s a fashion or a feeding frenzy" - Neal Froneman

Silver price to strengthen this year and average $16.75 per ounce.

Construction is to begin in May and be complete by Q4 2019.