Metallon may pay suppliers in gold amid Zimbabwe cash shortage
Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output.
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Top miner sees US – China trade spat limiting global growth
Rising U.S - China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion.
Congo expects declaration on strategic metals by end of October
Companies including Glencore, China Moly and Randgold Resources Ltd. have criticized the new laws as violating their rights, as well as being a deterrent to future investment, and are continuing to lobby for it to be significantly modified.
Russian giant copper project in talks to raise $1.25B
A company owned by Russian billionaire Alisher Usmanov is in talks to raise $1.25 billion from Russian banks by the start of 2019 to build a massive mining and metallurgical plant at Russia's biggest untapped copper deposit.
BHP ditching ‘Billiton’ from its name, trims CEO pay rise
Miner will ask shareholders at the annual meeting in October to vote to rename the company in an effort to emphasize its Australian roots.
Eldorado demands $877m from Greece as compensation for permit delays
The non-judicial request relates to damages suffered by the company as a result of a longer-than-expected wait for its Skouries project's permits.
Sirius Minerals buys its way into Brazil
Miner announced a share swap Monday, handing over £27m of stock for a 30 per cent stake in Cibra, Brazil's sixth largest distributor and a subsidiary of the privately held Omimex Group, a Texan oil and gas company.
Glencore, China Moly face higher cobalt royalty taxes in Congo
The Democratic Republic of Congo will declare cobalt a strategic metal, imposing a 10 percent royalty tax on producers.
