Global gold investment seen rising for 5th year in 2018 -CPM
CPM forecast net gold investment at 20.3 million ounces during 2018, a 6.6 percent rise from its 19.1 million ounces in 2017.
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Botswana’s Debswana says expects further rise in diamond output
Debswana expects growth this year as lower taxes in the US leave consumers with more to spend on luxury goods.
Rio Tinto fully out of coal sector with $2.25bn Kestrel mine sale
Company has agreed to sell its 80% stake in the Kestrel mine to a consortium comprising of private equity manager EMR Capital and Indonesian coal company Adaro Energy.
Copper Mountain gains approval for $71m acquisition of Altona
The combination of the two companies will result in a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal.
Vedanta shuts protests-ridden copper smelter in India for 15 days
The maintenance activity, originally scheduled for April, comes amid media reports that thousands had taken to the streets and shut shops in Thootukudi to protest against the expansion of the smelter.
Canada to target smuggling of steel intended to dodge US tariffs
Under new measures unveiled by Prime Minister Justin Trudeau's office on Tuesday, the Canada Border Services Agency will gain new powers to stop companies that try to dodge duties.
Labour groups file OECD complaint against BHP and Vale over dam-burst disaster
The accident killed 19 people, left hundreds homeless and unemployed and caused sludge to wash downstream into the neighbouring state of Espírito Santo.
Fortescue cuts iron ore price outlook as Chinese production slowdown, trade tensions weigh
The company amended its guidance to around 65 per cent of the average benchmark Platts 62 CFR index.
Canadian miner allowed to operate in Sweden
Gungnir's drill campaign would begin in the second quarter of 2018 with 20 diamond drill holes testing six target areas over a strike length of more than 8 km.
