Tungsten producers may have to look at new markets – report

Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.

Steelmaking material dropped to $57.02 a tonne, marking a fresh seven-month low, as large stockpiles continue to weigh on the market.

The four-day review that begins today marks the first time in 20 years the NIRB has been asked to reconsider a decision on a project and go through another review process.

Construction of the $7.4 billion project is scheduled to begin in September and should be completed by December 2019.

The rock, a 5.36-carat green gem quality octahedron rough diamond, was unearthed at the company's Krone-Endora project, located next to the world’s third largest diamond mine.

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

Shanxi province accounts for about 25% of China's coal output and has vowed to cut 20 million tonnes of overcapacity this year.

Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.

Barrick's comments come on the heels of a report published this week, which claims its Tanzanian subsidiary has been under-reporting the amount of metal in its shipments to evade taxes.