China launches yuan gold fix in bid to gain more influence in metal pricing
It is set twice a day based on a few minutes of trading by 18 trading members,
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
India says Kohinoor diamond belongs to Britain
The gem has been at the centre of a diplomatic row between India and the UK, with New Delhi arguing for decades that it should get it back.
Delays in rollout of autonomous technology forces Rio Tinto to cut iron ore guidance
The world's No. 2 iron ore miner has cut its production guidance for 2017 by as much as 20 million tonnes.
BHP, Rio Tinto may axe iron ore guidance — report
Both miners announce March quarterly numbers this week.
World’s largest underground copper mine remains shut on heavy rains, mudslides
Chile's Codelco said that it loses about 1,500 tonnes of copper output for each day El Teniente mine remains inactive.
Chinese coal miners to work less hours this year in bid to reduce supply glut
Official production capacity will be adjusted to fit the new 276 working day limit, which means that mines will be held to even stricter production caps.
Community opposition forces Newmont to abandon Conga project in Peru
The company has removed its massive gold and copper project Peru from its list of reserves in its annual filing with the U.S. Securities and Exchange Commission (SEC).
Slow growth, production cuts, divestment expected for Europe mining sector
Analysts outline five key themes resources companies in Europe will have to deal with in the next few months.
Adani $12 billion Carmichael coal project faces fresh legal challenge
Australia’s indigenous people Wangan and Jagalingou, traditional owners of the land proposed to host the project are challenging it in court.
Apple got $40 million in gold from recycled iPhones last year
Thanks to its innovative program that uses robots to recover the valuable parts from the millions of Apple devices discarded every year.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
