South African court backs industry on black ownership
Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8% of the country's economic output.
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BlackRock’s $1.3 billion gold fund feeling pain of miners
“A contributor to this performance in 2018 has been the underperformance of the royalty companies, which the fund has some exposure to."
Trafigura signs three-year cobalt deal with Congo miner
Trafigura has already increased its foothold in nickel with an exclusive offtake agreement with Finland's Terrafame, that also produces zinc and cobalt.
Teck ups stake in Chile Quebrada Blanca copper mine in $162.5m deal
Company now owns 90% of Compañía Minera Teck Quebrada Blanca, which main asset is the namesake copper project in Northern Chile.
Miners, commodities hit as US-China trade war heats up
Mining companies saw its shares plummet along with metal prices on Wednesday as China announced additional tariffs on US products, a move experts say is likely to heighten global concerns of a tit-for-tat trade war between the world's biggest economies.
Revitalised demand growth to buttress molybdenum prices
Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.
Eldorado scores key win in row with Greece over projects
Ruling rejects the Greek State's motion that Eldorado's technical study for a metallurgy plant in the country’s Stratoni Valley, was in breach of any agreements between the parts.
New gold mine in Côte d’Ivoire declares commercial production
Ramp-up of operations at the Sissingué gold mine was completed ahead of schedule.
Copper price bears are out as first surplus in six years predicted
Also adding to negative outlook – soaring global warehouse stocks, hedge funds bearish positions at 17-month high and subdued Chinese demand.
