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.
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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.
Japan utilities, Glencore set annual coal contract at $110/T
Japanese utilities and global mining giant Glencore have settled an Australian thermal coal import contract for April 2018-March 2019 at $110 a tonne.
Miner Antofagasta’s H1 earnings fall, trade tensions cloud demand outlook
Chilean copper producer Antofagasta said first-half core earnings fell 16.2 percent from a year earlier.
Columbus Gold to buy 70% stake in Maripa project from IAMGOLD
The project is made up of five contiguous exploration permits and has a historic gold production of around 40,000 ounces of gold, mined between 1985 and 1996.
China’s Ganfeng grabs SQM’s stake in Argentinean lithium project
The $87.5-million deal is the latest Chinese acquisition of a lithium project in South America, following Tianqi Lithium’s decision to buy 24% of SQM for $4.1 billion, which has not yet been approved by Chile’s antitrust regulator.
Lithium boom unlikely to disrupt potash market — analyst
While lithium and potash are often found in the same deposits and mined together, the increasing number of projects aimed at producing the white metal shouldn’t have an impact in the potash market.
