KGHM also said in a statement that silver sales fell in the same quarter by 16 percent to 212.6 tonnes.
Europe Mining News
The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector.
The move is likely to happen early next year and last for three months, after which pricing will return to the ring.
A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru.
The company is negotiating the possibility of buying the government’s 16 per cent stake in the Blanket project.
China already actively seeking opportunities.
"We cannot live with full confidence with the risk of being hit by those measures"
Chinese interest in Greenland comes after Beijing expressed ambitions to form a "Polar Silk Road" by developing shipping lanes opened up by global warming.
Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.
Alrosa's production fell by 17% in the first three months of the year mainly due to the halt of its Mir underground mine and lower-grade ores processed from the Jubilee pipe.
With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.
Coal, which fueled the world’s biggest economies for more than a century, is increasingly losing out to renewables.
The strike at the company’s Loulo and Gounkoto mines is related to the payment of bonuses and will continue until the issue is resolved.
A planetary “embryo” gave origin to the meteorite fragments that form the Almahata Sitta collection.
Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.
The Sí a la Tierra Viva platform rejects the miner's proposal.
Davenport Resources reported a maiden Joint Ore Reserves Committee-compliant resource of 576.6-million tonnes at 12.1% potassium oxide at its Ebeleben mining licence.
In a step already taken by China, the EU said it did not accept the "national security" justification for the U.S. tariffs.
Arctic Star reports positive results from The Timantti Diamond project.
The Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks.
Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.
The high levels of gold sales was a record for the store which opened in January 2016 and was roughly double its previous best month.
Rapaport expects polished trading to continue slowing in the coming months.
Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday
The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries.