Reuters

Canadian companies sell "jewels" to keep oil sands afloat

Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going.

China FX reserves fall almost $100 bln to lowest since May 2012

The size of the drop was second only to the $107.9 billion fall in December, the largest monthly decline on record.

New Indian rule backfires, boosts unofficial gold trade

The government's latest attempt to control gold imports has boosted unofficial trading in the world's second-biggest gold consumer.

Anglo American risks eviction from FTSE 100

FTSE 100 reweighting to take place in March.

Canada's Royal Nickel turns producer with two acquisitions

Picks up private Australian nickel and gold mine and stake in Manitoba copper mine from VMS Ventures.

Indonesia, Freeport fail to reach deal over copper export permit

The two sides have yet to resolve a government demand that the US firm first pay a $530 million deposit.

India's gold bonds seen luring investors in search of safe haven

The second tranche of India's sovereign gold bonds, whose sale began on Monday, is likely to draw good response from investors.

Warm weather threatens vital ice road for Canada’s remote diamond mines

Unseasonably warm weather has set back ice formation on one of Canada's most unique ice road.

Japan court clears way to restarting Kansai Electric nuclear plants

"The decision is extremely improper, underlining an unwillingness to learn from the Fukushima Daiichi disaster."

Zambian copper mining under threat, stable rules needed

Hit by a slump in copper prices, Zambia should maintain stable mining policies and taxes to avoid losing out to new, lower cost mines elsewhere, said the Chamber of Mines President Nathan Chishimba.

Austria says it has repatriated 15 tonnes of gold from London

Austria has repatriated 15 tonnes of its gold reserves as part of a plan to hold half its stock of the precious metal within the country's borders.

Glencore could sell its troubled South African Optimum coal mine

Glencore's struggling South African unit, Optimum, which is currently embroiled in a dispute over the price of coal with power utility Eskom could be sold off, a firm appointed to rescue the troubled business said.

Australian-owned iron ore mine in Norway files for bankruptcy

The Norwegian mining subsidiary of Australia's Northern Iron Ltd will file for bankruptcy by the end of the day.

Japan's Sumitomo Metal seeks stakes in copper, gold mines

The company wants to take advantage of its sound finances and a slump in commodity prices to bolster future growth.

Canada's once-booming Arctic diamond sector loses luster

A decline in diamond prices is dulling the appeal of Canada's Arctic diamond industry, with the resulting drop in exploration hurting the region's long-term prospects.

Mosaic cuts 8 percent of workforce at Canadian potash mine

Company has laid off 46 unionized workers, or 8 percent of the workforce, at its Colonsay, Saskatchewan potash mine as potash supply is outstripping demand.

South Africa's last bullion bluechip battles relegation

The Johannesburg stock market, the capitalist heart of South Africa's 'City of Gold', is close to relegating the last bullion producer in its bluechip index, the latest sign of the precious metal losing its place in an economy it once dominated.

European shares lifted by rise in auto and mining stocks

European stocks were also supported by gains overnight on Asian and U.S. equity markets, with some traders viewing more weak Chinese data as a sign that Beijing may undertake further measures to bolster the country's economy.

Australia mining stocks have never mattered less after 21% slump

Australia's stock market was once synonymous with raw materials. Not anymore.

Glencore's Zambian unit plans to cut more than 3,800 jobs: government sources

Glencore's (GLEN.L) Zambian unit Mopani Copper Mines (MCM) has notified the government that it plans to lay off more than 3,800 workers due to lower metal prices and high production costs, government sources said.

LME says in talks on launch of precious metals derivatives

The London Metal Exchange is in talks with the gold industry with a view to launching precious metals derivatives, LME Chief Executive Garry Jones said on Thursday.

Potash Corp might be prepared to make hostile K+S bid

According to German newspaper Handelsblatt.

Major banks' commodities revenue down 25% in first half

Revenue earned by leading banks from commodity trading, selling derivatives to investors and other activities in the sector fell to $2.6 billion from $3.5 billion in the same period of 2014.

Freeport lays off 650, slows operations at Chile's El Abra mine

The Arizona-based mining company also said it is partially suspending operations at the complex until mid-September, as it cuts mining rates in half.

South Africa seals mining jobs deal, proposes platinum plan

South Africa's mining industry, unions and the government signed a broad plan on Monday to stem a wave of job losses triggered by falling commodity prices and soaring costs.