Reuters

World's largest coal miner looking to buy metal mines abroad

Coal India Ltd, the world’s largest coal miner, has held internal talks to discuss buying metal mines abroad amid faltering revenues and rising employee costs, potentially signaling a strategy shift to cut reliance on the fossil fuel.

Metal prices to lift Polish KGHM's Q3 results – CEO

KGHM Polska Miedz SA expects its third quarter results to be boosted by favourable metal prices and currency exchange rates.

Freeport at loggerheads with Indonesia over divestment-letter

The world's second-largest publicly traded copper company has issues with the proposed divestment plan, including valuation, timing and structure.

China iron ore makes biggest monthly drop since May 2016 as demand concerns rise

The Dalian Commodity Exchange's most-traded iron ore contract, for January delivery, closed down 0.98 percent at 454.5 yuan ($68.45) per tonne.

World's largest coal miner looking to buy metal mines abroad

Coal India's plan to diversify into mining metals such as copper and nickel with no prior experience is being seen by analysts as a long-term strategy to firm up revenues, with no immediate results in sight.

Chile's Colbun awarded contract to build Latin America's largest wind farm

The contract includes 8,000 hectares of federal lands in the northern region of Antofagasta, and will require an investment of nearly $1 billion.

Freeport can seek extension for Grasberg permit talks -minister

Indonesia’s mining minister said on Thursday that Freeport McMoRan Inc could request an extension of six months to renegotiate rights to Grasberg.

Chile sees no obstacle to Albemarle request to hike lithium output cap

Albemarle said it could invest $1-billion in Chile over the next 5 years if request to the government to let it extract 125,000 tonnes per year is approved.

HKEX plans to launch iron ore futures in November

Hong Kong stock exchange plans to launch a U.S. dollar-denominated, cash-settled iron ore futures contract in Hong Kong to compete with U.S. & Asian rivals.

China-backed Yancoal Australia exercises option to up stake in coal mine

The agreement brings Yancoal’s stake in the Warkworth project to about 85 percent.

Indonesia's Freeport victory sets tone for foreign miners

After months of negotiating with U.S. giant Freeport-McMoRan Inc, minister Ignasius Jonan secured majority local ownership of Grasberg gold and copper mine.

Polish exporter to fill domestic coal hole with U.S. imports

Affected by a domestic coal shortage, Poland's largest exporter Weglokoks had to order a shipment from the US so that it can honour contracts with its overseas buyers.

Australia's Roy Hill says can expand iron ore capacity beyond target

Iron ore miner says it has the ability to expand its production capacity beyond the 55 million tonnes it has targeted.

Sula strikes 'bonanza grade' gold in Sierra Leone

The Sierra Leone-focused miner has found gold of almost "bonanza grade" at the Ferensola gold project in the Sula Mountains of Sierra Leone.

UK inventor James Dyson to launch electric car by 2020

The billionaire inventor of the bagless vacuum cleaner said his company was building an electric car which will launch by 2020, the latest firm to challenge traditional carmakers in a burgeoning market.

Copper claws back lost ground after four-day run lower

Copper rose on Tuesday, snapping four straight days of losses as a rally in oil prices to more than two-year highs boosted commodities more broadly, and on longer-term expectations that demand will grow and supply remain constrained.

ABB teams up with Northvolt on Europe's biggest battery plant

Swedish project, envisioned on scale of Tesla's Gigafactory, aims to cater to auto industry, compete with Asian suppliers.

China coking coal, coke prices sink again amid oversupply worries

The most-active coking coal futures on the Dalian Commodity Exchange tumbled as much as 6.5 percent in early trade on Monday.

Aluminium producer Norsk Hydro warns of Brazil bauxite shortfall

The Mineracao Rio do Norte (MRN) bauxite mine is experiencing problems with its tailing systems due to a water shortage caused by dry weather.

Investors wary as Tanzania moves to assert more control over mines

New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa's brightest mining prospects

Gold companies take a shine to China's Silk Road

As far as China's miners are concerned, the modern-day Silk Road is paved with gold.

Nickel slides to 5-week low on N. Korean tensions, fee hikes

Nickel slid 5 percent to a five-week low on Friday after trading fees were raised in China to dampen speculation and steel prices dropped with other metals as investors shunned risky assets after more North Korean tensions.

GE nears sale of its industrial unit to ABB

The companies are likely to announce an agreement by next week.

Central Asia Metals to buy Lynx Resources for $402m

The deal is expected to be both earnings- and cash-flow-per-share-accretive in the first full year, the company said.

Brazilians toil for gold in illegal Amazon mines

A look into the work experiences, lives, and health risks of garimpeiros, illegal Brazilian gold miners.