Goldman doubles down: Record-high copper price within a year

Low pricing achieved recently has been affected partly by soft market conditions in China, the Brisbane-based lithium miner said.

The expansion will double the capacity of the mine and mill to 12,000 t/d from 6,000 t/d.

The all-share deal is likely to lead to more than 10,000 layoffs.

Miner is ending 2018 on a high note after finding another two large diamonds from its Letšeng mine in Lesotho, the world’s highest dollar per carat diamond operation.

Cononish underground gold-silver mine is expected to produce 23,500 ounces of the precious yellow metal annually for up to 17 years.

Most ore will be sourced locally from various locations including the northwestern states of Zamfara, Kebbi and Kaduna, as well as the central states of Kwara and Niger.

Until now, gold has played second fiddle to the U.S. currency as investors have sought a safe haven in the face of trade war uncertainty now, we see gold’s appeal firming.

The punishment from the OSC is a response to false accounting from Katanga that saw it overstate how much it mined in the Democratic Republic of Congo in 2014.

Vedanta Zinc will commission OptiMine for trucks, loaders and drills next year, accelerating data-driven operation for world-class mining safety.