The equipment maker is scheduled to report third-quarter earnings Thursday.
Frank Timis has got $20 million to acquire the mine bordering its own iron ore project Tonkolili.
Planners ruled Anglo’s 100 million-tonne project was a threat to the Hunter Valley's thoroughbred and tourism industries.
Euromax Resources has entered into a $175 million deal ith RGLD Gold, to finance the next stages of development and construction of the company's Ilovitza copper-gold project in the Macedonia.
"In practical terms, this means that the WDM's first pilot programme for accredited retail members, i.e. Authorized Diamond Dealers (ADDs) will begin in Turkey, one of the most exciting, and rapidly growing luxury product consumer markets..
Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.
The miner's total diamond production for the quarter reached 9.7 million carats, slightly down from 9.9 million carats in the same period last year.
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.
Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.
Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental Exchange, the London Metal Exchange and broker ICAP's online platform EBS will present their proposals this Friday.
The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.
Copper price sinks to 10-month low after new report says mine capacity representing 6% of current production will come on stream over the next six months.
The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.
The initiative seeks to force the SNB to keep at least 20% of its assets in the metal and repatriate gold reserves held abroad.
Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.
Since it first debuted in August, only five participants have signed up to the price setting process.
The injunction was sought by Stans Energy.
More than 100 objects, including solid gold jewellery, arm bands and silver ingots are part of the trove, one of the largest discoveries of Viking treasure in Scotland.
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.
The firm mined 93,624 ounces of the yellow metal in the three months to end September and it also maintained its full-year production forecast of 420,000 ounces of gold.
The head of the iron ore division, Andrew Harding, defens Rio's own plans to ramp up ore production.
Cameco’s Cigar Lake mine is set to become one of the world’s biggest by 2018.
A proposal that the Swiss National Bank should hold a fifth of its assets in gold and be prohibited from selling the precious metal in the future would severely restrict its ability to conduct monetary policy, the WSJ reports.
Anglo's chief warned the company plans to take severe measures over the next two years.
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