Chinese electric car makers, nurtured by state, now look for way out of glut
Government promises action, raising fears of consolidation.
Latest Stories
These ten mines will make money – even if gold price falls to $550
Nevada gold mines keep "rocking the boat."
Gold festival demand in top buyer hits hurdle as prices jump
If this trend continues, then it’s going to be a dampener.
BHP says it has seen no material impact from trade tensions
Though we have not seen a material impact on our business, we remain cautious in the near term
Tanzania anti-corruption body charges Acacia subsidiaries with tax evasion, money laundering
The news comes barely a week after the company said another worker had been released on bail after being charged with corruption.
Hochschild Mining raises annual production target
Hochschild Mining Plc on Wednesday raised its annual output target and forecast lower mining costs, as its Inmaculada mine in Peru produced higher grade ore.
Alcoa to close two Spanish aluminium plants with job losses
The Aviles and La Coruna plants were two of the least productive due to intrinsic structural problems such as inefficient technology and high fixed costs.
ArcelorMittal to make $1B creditor payment to bid for Essar Steel
The move comes two weeks after India's top court said ArcelorMittal's bid for Essar Steel would become valid only if the acquirer cleared outstanding debt of Uttam Galva Steels and KSS Petron.
Anglo American ‘encouraged’ by drilling results from copper asset in north Brazil
The company's chief executive in Brazil talked about “very promising” drilling results at property located on the edge of the Amazon rainforest.
