Reuters

Russian diamond producer Alrosa says H1 sales to exceed initial expectations

Alrosa's 2018 production is expected at 36.6 million carats but its sales will be higher than its production - at about 40 million carats.

Mining companies still reluctant to tap Argentina deposits

Lack of clarity on environmental rules, overlapping federal and local taxes, and regulations that vary from province to province continue to loom over proposed mines.

Cobalt 27 agrees to streaming finance deal with Australian miner

The transaction is the world's first cobalt-nickel streaming deal on a producing mine, Cobalt 27 said in a statement.

Poland's KGHM plans domestic investment of more than $3 bln by 2022

The company also said it plans to reduce investment in oversees assets and focus on domestic operations.

GE to merge transportation unit with Wabtec in $11.1 bln deal

The deal will add more offerings that can improve efficiency and safety to GE's customers, which include Komatsu Ltd and Rio Tinto PLC.

Iron ore market dynamics are shifting beneath calm facade: Russell

Structural changes in the world's biggest importer, China, are re-shaping how the industry works.

Mining gear maker Metso picks CEO from Finnair

Pekka Vauramo helped Finnair return to growth after years of losses, and he also has worked for rival engineering group Sandvik.

Australia's Prospect Resources closing in on Zimbabwe lithium financing

The Australian-listed company expects to secure more than $55 million in funding for the first phase of the Arcadia Lithium project.

Zimbabwe will not require foreign mining companies to list locally

Zimbabwe will remove the clause from a mines amendment bill now before parliament, the mines minister said on Friday.

Electric vehicle rush fuels optimism at LME Asia Week

Chinese cobalt producers such as Jinchuan Group and Wanbao Mining said they were ramping up production to sate an anticipated demand boom from EVs.

US confirms list of 35 key minerals, targets domestic supply boost

Uranium and key rechargeable battery metals lithium and cobalt are on a final list of 35 critical minerals that the US deems essential to national security.

Vedanta says Indian copper smelter shutdown causing deficit, price rise

The unit has been shut for more than 50 days.

PLATINUM WEEK-Sibanye CEO confident of Lonmin takeover despite cash burn

Key to closing the deal is Lonmin maintaining its net cash position and achieving certain production targets.

China's NDRC to curb coal prices, boost output -Xinhua

China will take steps to bring down coal prices because the recent rally is not supported by market fundamentals.

Zimbabwe lithium excites but projects face funding hurdle

President Emmerson Mnangagwa has been trying to shore up foreign investor interest in a country rich in mineral resources but starved of capital.

Tanzanite miner gets bill as Tanzania cracks down on lost mineral revenues

Tanzanian gemstone miner Tanzanite One has agreed to pay compensation and overdue taxes to the government after violations led to losses in public revenues.

Eritrea 'poison pill' complicates miner Lundin's aspirations -sources

Lundin Mining's board of directors, chaired by billionaire resources tycoon Lukas Lundin, refuses to invest in Eritrea.

Last missing Polish miner found dead: JSW

“The (last) miner’s body was trapped under one of many structures in the destroyed pit,” JSW said in a statement.

Australia's Kidman Resources to supply lithium hydroxide to Tesla Inc

The deal is for an initial three-year term on a "fixed-price take-or-pay basis."

EU heads discuss bold-or-fold strategy toward Trump tariffs

European leaders sought unity on Wednesday toward threatened U.S. import tariffs on steel and aluminium, balancing the views of those most fearful of a trade war and those determined not to be bullied into concessions.

South Africa's Tharisa taps Zimbabwean chrome reserves

Zimbabwe has attracted intense interest from miners with a promise of favourable terms as it seeks to reboot its economy after veteran leader Robert Mugabe was ousted last year.

Ottawa offers to cover losses on Trans Mountain delays — for any company

Finance Minister says indemnification would stay in place even if Kinder Morgan walks away.

Russia's Alrosa sees rosy prospects from colourful diamonds

The global market for polished coloured diamonds is now dominated by Rio Tinto and Anglo American's De Beers. But state-controlled Alrosa aims to compete.

LBMA suspends Russian precious metals refinery from 'good delivery' lists

The London Bullion Market Association has suspended the Ekaterinburg Non-Ferrous Metals Processing Plant from its gold and silver good delivery lists due to "ownership related issues".

UAE trader looking to expand into gold refining in Africa

The group is seeking a total investment of $246 million for the refineries and related processing centres, in Ghana and the Democratic Republic of Congo.