Iron ore, copper prices recover after record Chinese imports
November copper concentrate shipments to China hits all-time monthly high – annual iron ore imports set to easily surpass 2016's record 1 billion tonnes.
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Tanzania-Zambia railway authority resumes transportation of copper
Friday, TAZARA resumed transportation of copper which had halted on Tuesday after unionised workers went on strike.
Glencore says signs labor pacts at most of its Australian coal mines
These new labor agreements with workers at 13 of its coal mines in Australia end months of negotiations over wages and benefits.
Platinum’s discount to palladium hits 16-year-high
Palladium hit high of $1,022.70 Thursday, just off a 16-year high from last week, while platinum hit a low of $887.50 per ounce.
Vale aims to halve debt to $10bn by 2019
The company also said is ready to shut Caledonia mine mid-next year if it has not found a strategic partner ready to buy a 20 to 40% stake in the project.
Mongolian Gov’t can’t nationalize Erdenet Copper Mine — court
Erdenet, which produces 530,000 tons of ore annually, is one of Asia’s biggest copper and molybdenum mines and a top tax contributor to the country’s $12 billion economy.
Chile’s Codelco hiring for underground expansion of Chuquicamata
About 150 workers will be pre-selected as a result of the process, which closes on Dec. 24. They’ll join the over 1,100 employees already working on the much-needed project.
Canada’s Desjardins not scratching pipeline loans after all
Lender is moving to a carbon-neutral state by offsetting its own greenhouse gas emissions through the purchase of carbon credits starting this year.
Newmont’s cost-cutting, production plans: ‘We’ve only just begun’
With seven greenfield projects Denver gold miner on track to increase global share of gold production to 5%.
