China’s yuan has overtaken the euro to become the second-most used currency in trade finance.
In an effort to expose and monitor these mining operations, a Belgian research group has been creating the first maps of eastern DRC's artisanal mining areas.
Investors eager to get the new industry off the ground willing to finance projects that can secure the availability of the key element.
The scientists have been working at the one-of-a-kind laboratory located at the bottom of what was once North America's deepest gold mine.
Nickel price up 5% in October as Indonesia stays firm on 2014 unprocessed mineral and metal export ban.
First set of key findings to be released next week.
Less state involvement, possible lifting of ban on ore exports and smoother licensing process envisaged for South Asian nation.
Tin and tantalum come from 'conflict-free' sources in the Democratic Republic of Congo.
In partnership with two leading groups, the Search for Extraterrestrial Intelligence (SETI) Institute and the Space Tourism Society
Planetary Resources is now going for $2 million and has created new incentives to lure backers.
Peter Marquez, former director of space policy under US Presidents George W. Bush and Barack Obama, is Planetary Resources’s new vice president for global engagement.
Promises 'a telescope for everyone.'
45,000 deaths each month
Geologists believe that asteroids hold iron ore, nickel and precious metals at much higher concentrations than those found on Earth.
Monthly production falls to almost 100 tonnes below Glencore rate before expropriation.
Copper and tin are likely to be the biggest near-term beneficiaries of improved apparent demand through the first half of 2013, with supply availability still limited, Macquarie said in a research note Friday.
Platinum will be depleted in 20 to 30 years.
Tin mining is a profitable but damaging trade that has scarred the Indonesian island of Bangka, a granite outcrop just east of Sumatra, reports English newspaper The Guardian.
The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank and the IMF, said a source from the country’s ministry of mines.
The rival groups of Bolivian miners fighting over control of the Andean silver, tin and zinc Colquiri mine, reached an agreement over the weekend that was qualified as “historic” by Government Minister Carlos Romero.
Violent clashes between vying factions of miners from Bolivia's second largest tin mine have left one person dead and nine injured.
Three managers from Bolivia's state-owned mining company were taken hostage by residents of a village in the region of Potusi, who are demanding a 15% stake in the region's silver mine part-owned and operated by Glencore.
Over $1 million has lost Bolivia so far due to the conflict over rights at the silver, tin and zinc mine that used to belong to commodity trader Glencore (LON:GLEN), but that President Evo Morales nationalized last June.
BusinessWeek profile the horrific conditions in Indonesian tin mines, where largely destitute miners extract ore with shovels and picks.
LME's warehousing operations "have been dogged by controversy since big banks and trading houses including Goldman Sachs and JP Morgan Chase bought warehousing operations."
The US Securities and Exchange Commission will vote in August on controversial rules requiring extensive reporting from companies using ‘conflict minerals’ in the Democratic Republic of Congo.
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