July 4, 2018 Nautilus Minerals tanks on shipbuilding contract cancellation Fresh setback for the company’s Solwara 1 project, expected to be the world’s first seabed gold, copper, silver mine.
July 4, 2018 Indonesia extends Freeport operating permit for Grasberg Indonesia has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.
July 3, 2018 Gold price ‘cleared for rally’ after hedge funds dump 700 tonnes Large scale gold price speculators have cut bullish positions to levels last seen at the end of 2015 when gold hit a 6-year low of $1,050 an ounce.
July 3, 2018 Sibanye cuts South Africa gold output forecast after deaths Sections of Sibanye’s Masakhane mine, where an earth tremor resulted in the death of seven workers, have been shut for rehabilitation until February.
July 3, 2018 Brazilian ex-billionaire Batista sentenced to 30 years in jail for bribery Eike Batista, who was once one of the richest men in the world, was found guilty of bribing former Rio de Janeiro governor Sergio Cabral in exchange for contracts.
July 3, 2018 Newmont’s Twin Creeks achieves commercial production All-in sustaining costs of between $650 and $750 per ounce.
July 2, 2018 CHARTS: Halfway through 2018 and the mining rally is over “China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."
July 2, 2018 Platinum price plunges to 14-year low Platinum prices drops 5% on Monday to lowest since July 2004 as US–Europe car trade spat adds to precious metal's woes.
July 2, 2018 Indonesia close to acquiring Freeport’s Grasberg copper mine Indonesian minister says majority stake purchase of iconic mine seen valued at $3.5 billion to $4 billion.
July 1, 2018 Oil and mining sector continue to grow in Peru The mining sector showed an interannual growth of 0.16 per cent in May.
Sibanye expects short-term platinum price volatility, but return to previous lows unlikely Sibanye was also assessing when to restart its Stillwater West mine in the United States, which was placed on care and maintenance in 2024. February 09, 2026 | 07:31 am
