MINING.COM

Diamond markets under pressure — Rapaport

The international group says sales of polished diamonds below 0.50 carats are slow due to excess supply, weak Chinese demand and tight Indian liquidity.

MINING.COM Staff Writer | June 6, 2019 | 6:33 am

Papua New Guinea PM says resources reforms will take years

Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country's natural resources sector on Wednesday, but said major reform would not take effect for years.

Reuters | June 5, 2019 | 9:17 am

Australia, Malaysia to meet over rare earths on June 20

Australia's Lynas is waiting to get an operating licence for its Malaysian processing plant renewed before it expires in September.

Reuters | June 4, 2019 | 9:26 am

Barrick meets new PNG leader about Porgera mine lease extension

The Porgera mining lease is set to expire on August 16, 2019.

Jackson Chen | June 3, 2019 | 12:58 pm

Gold — China premiums rise as trade woes boost buying; India demand tapers

Gold premiums in top consumer China rose this week as investors bought the metal as a safe-haven due to rising trade tensions with the United States.

Reuters | May 31, 2019 | 10:05 am

Mapped: Who owns the world’s gold reserves

Central banks around the globe have been on a gold buying spree this year, with Russia and China, leading the pack.

Cecilia Jamasmie | May 30, 2019 | 11:45 am

Papua New Guinea’s new leader “taking back” economy, puts resources firms on notice

James Marape, a former finance minister who became leader after winning a vote in parliament, put some of the world's biggest resources companies on notice over a perceived lack of wealth flowing from their projects back to communities.

Reuters | May 30, 2019 | 9:21 am

Malaysia to let Lynas continue running rare earths plant

Lynas' status as a non-Chinese producer came into sharper focus this week after major Chinese newspapers reported Beijing was ready to use rare earths to strike back in its trade war with the US.

Reuters | May 30, 2019 | 8:53 am

FLASHBACK: Largest known rare earth deposit discovered in North Korea

The 216 million tonne Jongju deposit 150km north of Pyongjang, theoretically worth trillions of dollars, would more than double the current global known resource of REE oxides.

Frik Els | May 29, 2019 | 2:42 pm

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Indian steelmakers face hit on Europe deals over export tax

Hyundai Motor Group to invest $5.5 billion to build EV and battery facilities in US

Mapped: The 10 largest gold mines in the world, by production

Turquoise Hill to receive debt funding from Rio Tinto as it evaluates $2.7bn offer

China CNGR expands nickel investments in Indonesia to meet EV demand

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