La Mancha launches $1.4 billion gold mining fund

The company is negotiating the possibility of buying the government’s 16 per cent stake in the Blanket project.

China already actively seeking opportunities.

"We cannot live with full confidence with the risk of being hit by those measures"

Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.

Chinese interest in Greenland comes after Beijing expressed ambitions to form a "Polar Silk Road" by developing shipping lanes opened up by global warming.

Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.

Alrosa's production fell by 17% in the first three months of the year mainly due to the halt of its Mir underground mine and lower-grade ores processed from the Jubilee pipe.

With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.

The South American nation hopes to sign a deal with a foreign partner after a decade of state-led development left output far short of goals for the metal.