The billionaire hedge-fund manager has formed a coalition with 15 other founding members aimed at curbing years of what his hedge fund has called value destruction in the gold sector.
South African withdrew its long-delayed draft legislation for the mining and petroleum industries and plans to come up with separate laws to govern the two.
Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit.
Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output.
Rising U.S - China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion.
Companies including Glencore, China Moly and Randgold Resources Ltd. have criticized the new laws as violating their rights, as well as being a deterrent to future investment, and are continuing to lobby for it to be significantly modified.
The Democratic Republic of Congo will declare cobalt a strategic metal, imposing a 10 percent royalty tax on producers.
Natural gas-fired power plants will be facing more price competition from solar farms in some parts of the U.S. as battery costs fall.
The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.
Ramaphosa revealed highlights of the plan at a Sept. 14 meeting and the full package should be announced at the Oct. 24 midterm budget.
In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.
Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount.
The Canadian miner may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations.
Congo’s updated mining code established the category of “strategic” minerals, to which a rate of 10 percent will apply.
Chancellor Angela Merkel’s plan to phase out coal-fired power plants in Germany should stop short of “prematurely” closing brown coal facilities.
The area will allow producers of electric vehicles, smartphones and other goods to “install themselves in the DRC".
It’s not hard to see why Sellers and Campbell are in such high demand in this hardscrabble city that has become the global center of the shale revolution.
South32’s South Africa Energy Coal unit, the country’s third-biggest exporter of the fuel, was split into a standalone business earlier this year.
Analysts predict more tough times for the sector that has lost more than 20 percent since June.
For the time being, at least, American workers are being spared the much-feared job losses from automation.
After more than two decades of improving mine safety since the end of apartheid, South Africa’s progress has stalled with an increase in gold-mining deaths.
Demand for a new generation of electric vehicles is breathing life into an Alpine mine.
Zimbabwe will fast-track plans to settle its debt arrears, a key step needed to restore investor confidence in the country’s economy.
The country’s crude exports reached a record of 3.59 million barrels a day.
Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.