Volkswagen seeks partners for battery metals race

Egypt-focused gold miner is paying a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.

Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.

The Cullinan Mine is owned 74% by Petra Diamonds Limited and is renowned as the source of very rare blue diamonds and large, high quality gem diamonds.

Last year, the miner sold other coal assets that exclusively supplied South Africa’s power utility Eskom, including New Vaal, New Denmark and Kriel collieries.

The consultancy expects crude demand this year to grow by 1.7 million bpd, and says Brent could touch above $100 a barrel in 2019.

The Russian state-controlled diamond miner increased fourth-quarter production by 6 percent year-on-year to 10.1 million carats as a shutdown at its Mir mine was offset by higher output at other assets.

When it comes to finally reaching a deal to secure Freeport-McMoRan Inc.’s long-term right to keep mining in Indonesia, the ball appears to be firmly in Rio Tinto Group’s court.

The company, a unit of Anglo American Plc, mined 33.5 million carats in 2017. That’s a 22 percent jump from a year earlier, beating its own target.

Alrosa could sell around 40 million carats of diamonds in 2018 provided market conditions are favourable.