UK hails first domestic production of battery-quality lithium

Company said the decision to place its the Stawell gold mine into care and maintenance was based on dwindling production at the operation.

BSGR will sue Rio Tinto in the English High Court to recover losses allegedly caused by Rio's actions, which run to several billions of dollars.

The country's uranium output is expected to triple in 2017 as the massive Husab mine begins production.

The Trump Administration will find it difficult to use the stroke of a pen to overturn policies and regulations pertaining to climate change, endangered species, and other key issues according to experts.

Gold traders expect the price of gold to climb between 25 per cent to 50 per cent next year as a coming swarm of political uncertainties will lead investors to bet on the precious metal.

Mine is set to start operations by the end of the year, with first shipment set for January 2017.

Shares fell after the miner said it would suspend dividends until further notice, due to current restrictions to funds held at its Kyrgyz Republic subsidiary, Kumtor Gold.

The steelmaking raw material is up 85% this year, or more than double its December 2015 price.

Together with reducing Sibanye’s dependence on its aging South African assets, the deal will make the company the world's third largest palladium producer, the company said.