Gold price rally lifts value of top 50 mining companies above $1 trillion for the first time

In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure and anti-mining sentiment, experts say.

The lawsuit is against the government's order to Gran Colombia Gold to halt its Marmato project until it has further consulted with local residents.

Sometimes it happens that an asset can benefit from a new set of eyes looking at it from a different perspective.

After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.

Transaction will see the Tokyo-based trader acquiring up to 100% of the output coming from Bacanora's Sonora lithium project in Mexico.

Mineralization was discovered at La Niquelina in 1944, with modest production from a small underground mine in the early 1950's.

2016 highlights: a year of breakthroughs and setbacks

Ore with 62% content in Qingdao fell almost 7% overnight, entering a bear market and erasing all of this year’s gains.

Deal will also see the two firms looking at jointly developing the nearby Pascua-Lama gold, silver and copper project and evaluating additional investment opportunities in the area.