Rio Tinto closer to selling $6bn stake in Iron Ore of Canada
Company is said to have hired Credit Suisse to conduct an auction of its 58.7% interest in IOC.
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Gold Fields boss says South Deep lay-offs are ‘last-gasp measure’
Holland said the company has made every effort to avoid the drastic move, but said the choice was now between that and serious risk to the future of South Deep and its many stakeholders.
Gem Diamonds big discoveries reach a dozen
The company that digs the world’s most valuable diamonds may soon become the one that also finds the biggest.
Canada to consider steel safeguard response to US tariffs
Canada will consider a safeguard action on seven steel products to protect domestic producers from imports since the United States imposed tariffs in March.
The battery boom could end up burning some investors
Some of the latest battery technologies may become obsolete before reaching the market because of the breakneck pace of advances in the industry.
Ray Dalio’s Bridgewater keeps faith in gold despite its slide
Billionaire hedge-fund manager Ray Dalio maintained his holdings in the two biggest gold-backed ETFs even as an investor exodus sent prices of the metal tumbling.
Chile’s Escondida mine, union will talk longer; hope to avert strike
If company and union leaders reach a consensus, the mediation would be further extended for several days so the 2,459 workers can vote to accept or reject the new offer.
South Africa’s mines minister concerned about Gold Fields job cuts
South Africa mines minister said on Tuesday he was concerned by bullion miner Gold Fields' plan to cut around 1,100 jobs without due regard to processes outlined in the Mineral and Petroleum Resources Development Act.
Copper price falls as China investment grows at slowest pace on record
Called off strike at world's largest copper mine adds to pressure on copper price now down nearly 20% in little over two months.
