The world’s largest diamond producer by value offered less precious stones, in line with its policy of trying to match sales to demand.
Asia Mining News
India's Multi Commodity Exchange (MCX) has launched the country's first gold options contract in New Delhi to coincide with the gold-buying festival of Dhanteras.
Lepanto was among more than two dozen companies ordered halted by a sacked minister who led an environmental crackdown.
Local gold prices were trading around 29,760 rupees per 10 grams on Friday, up nearly a percent from last week.
"The Kobe Steel crisis is definitely helping other steel producers," Wunderlich Securities chief market strategist Art Hogan said.
Company said it expects production of between 50,000 and 55,000 ounces of gold from its new mine in south-western Mali to bring total metal production for 2017 to between 530,000 and 570,000 ounces of gold.
Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.
The Singapore Diamond Investment Exchange (SDIX) has launched a new investment-grade, standardized diamond product to rival gold as a safe-haven asset.
Higher purchases by India, the world's second-biggest consumer, could lend support to global prices that are trading near their highest level in a week.
Of all the new coal generation expected to go online over the next decade, Chinese companies will build nearly half of it.
As North Korean imports of anthracite coal have waned with sanctions, those from Russia have soared.
India's recent restrictions on the industry and increased smuggling took the sheen off the bullion market heading into the peak festival season.
Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached.
The ban took effect from Sunday and restricts most companies and individuals from selling, transporting or burning coal in the urban area of Taiyuan.
Plans to reopen one of the world's biggest copper mines, shut by a civil war on the Pacific Island of Bougainville in 1989, have run into trouble.
The graphite market has shown its first sign of life in a few years with some upward price pressure.
Vanadium redox flow batteries (VRFBs) are fairly unique in the battery world.
The ministry resumed exports of unprocessed minerals earlier this year and had started to roll out exports quotas in April.
The Dubai Gold and Commodities Exchange is entering as a global player in precious metals with its Shanghai Gold Futures contract (DSGC).
North American investors poured $2.5 billion into gold-backed funds in September despite pullback in gold price.
Roy Cimatu, who replaced ousted ecologist Regina Lopez in May, has said he would review evidence brought forward by mining companies and communities before deciding whether to keep, modify, or reverse his predecessor's measures.
Over the last nine years 66 record-breaking and other noteworthy diamonds were recovered, and 61 of those have been found within the last five years.
Plug-in-vehicle market in China surges to a record 1.8% of total passenger vehicle sales.
As the world’s premier precious metals equity event, the Gold Forum attracted 1,000 attendees who conducted a record 3,900 meetings.
The world's second-largest publicly traded copper company has issues with the proposed divestment plan, including valuation, timing and structure.