The World Gold Council predicts that India will import 850 to 950 tonnes of gold this year.
The move is seen by analysts as an attempt to strengthen the firm’s image.
The equipment maker beat analysts' expectations and the stock is skyrocketing in premarket trading.
The equipment maker is scheduled to report third-quarter earnings Thursday.
The controversial duties, imposed earlier this month, will be eliminated once ongoing negotiations on a free trade agreement (FTA) between the two nations is finalized.
Planners ruled Anglo’s 100 million-tonne project was a threat to the Hunter Valley's thoroughbred and tourism industries.
He has also insured 280 employees who have been with the company for more than a decade to the tune of $160,000 each.
Beijing has launched a five-month campaign that aims to finally crackdown on illegal extraction and smuggling of the coveted elements.
Announcement comes as Polish authorities work on a plan to group its loss-making mines into a “bad” or a “good” unit.
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
Indonesia cannot build power stations fast enough. And neither can most of its Asian neighbours.
The agreement signed with Indonesia’s outgoing government also means higher royalties to be paid by the firm.
The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.
The miner said the move was driven by its revised pricing outlook and adverse market conditions.
New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives.
The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."
Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.
Vancouver-based Turquoise Hill blames "delayed mine advancement" at massive Mongolian property.
The injunction was sought by Stans Energy.
Is there any hope on the horizon for the gold funds?
JSW Steel has almost clinched a deal that would see India's third-largest steel company acquire embattled London Mining (LON:LOND), sources close to the negotiations revealed on Friday.
The sudden reversion to protectionism is designed to save the local coal industry.
It has set a world auction record on a per-carat basis for a gem of this colour.
The commodities trader and miner explored a stock-exchange listing Down Under.
Anglo's chief warned the company plans to take severe measures over the next two years.
It’s good to be Ivan Glasenberg’s neighbour.
Get Mining News and Alerts
sent to your inbox daily