MINING.COM

Metal markets are preparing for a new world disorder

Donald Trump’s attempts to re-balance global trade have already sent the metals world into a tizzy and as countries respond to U.S. tariffs and sanctions, the disarray is set to increase.

Bloomberg News | July 6, 2018 | 8:00 am

Barrick’s Acacia Mining keeps suffering from Tanzania row

Gold production for the three months to June dropped 36% to 133,778 ounces as operations at two its three mines - Bulyanhulu and Buzwagi – were scaled back.

Cecilia Jamasmie | July 6, 2018 | 5:30 am

Japan’s Mitsui may raise its stake in Vale — executive

The sale of Vale stakes has been a subject of market speculation since the world's largest iron ore miner moved to a single class of stock in October. Mitsui currently holds a 5.51 percent stake in Vale.

Reuters | July 6, 2018 | 4:12 am

Copper price takes another huge hit

Bears ignore soothing words about US-China trade war dropping copper to near 1-year low in frenzied trade.

Frik Els | July 5, 2018 | 3:32 pm

China’s top EV maker starts battery-swap service to lure users

Beijing Electric Vehicle Co.,is preparing for a stock-market listing and starting a battery-swap service to reduce customers’ range anxiety and keep up with similar offerings from rivals.

Bloomberg News | July 5, 2018 | 2:13 pm

Goldman says buy commodities as clock ticks toward trade war

Goldman Sachs Group Inc. has poured cold water on the notion that a trade war between the U.S. and China represents a serious threat to raw materials, saying most of them aren’t likely to be significantly impacted.

Bloomberg News | July 5, 2018 | 2:08 pm

Glencore announces $1 bn share buyback days after probe

Glencore Plc will buy back as much as $1 billion of its shares, a move that may soothe investor concerns after the world’s top commodity trader was hit by a U.S. Department of Justice probe earlier this week.

Bloomberg News | July 5, 2018 | 1:54 pm

Automaker shares soar on U.S. proposal to eliminate tariffs

Shares in European carmakers are having their best trading day in two years after a U.S. official floated a proposal to eliminate vehicle-import tariffs on both sides of the Atlantic.

Bloomberg News | July 5, 2018 | 1:07 pm