Freeport cancels copper exports from Indonesia as permit expires
The company, which runs the massive Grasberg mine in Papua, has stopped exporting since last month.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Commodities, mining stocks sinking as China devalues its currency again
But gold is, so far, profiting from the situation, heading for its longest winning streak in three months.
China’s devaluation of Yuan hits miners, commodities
The decision of the People's Bank of China (PBOC) to devalue the yuan by 1.9% sent most mining stocks and commodities down the slippery slope.
Japan resumes producing nuclear power
The country has restarted its first nuclear reactor since the Fukushima disaster in March, 2011.
Baffinland Iron Ore ships first load from its Canada’s Nunavut mine
Operation has been subject of controversy due to request for year-round shipping, which will require the use of icebreakers.
Canada’s Nova Scotia pulls plug on renewable energy plan
The Atlantic province has ended a program that guaranteed small-scale energy producers a sustainable fee for their electricity, and gave citizens an incentive to use renewable energy.
Zimbabwe platinum export tax shelved for now
The country had introduced the levy on raw platinum exports in January, aiming to encourage local processing of the metal.
Here is how Rio Tinto intends to cut costs by $1 billion
The mining giant is watching every single expense, including those related to safety equipment.
Latest positive US jobs report fails to affect flat gold price
Prices of the metal have been fallen in the second half of this year as the prospect of a rate rise, the first since 2006, would lift the opportunity cost of holding bullion.
EPA-triggered mine spill in Colorado triples in volume
About 3 million gallons of toxic wastewater, triple previous estimates, have poured from an old Colorado gold mine into local streams since Wednesday last week.
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.
