Gold price up on weaker dollar ahead of US inflation data
Bullion has found a floor near $1,700 an ounce this month after slumping in August on the dollar’s rally.
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G Mining proceeds with construction of Tocantinzinho gold project in Brazil
Over a mine life of 10.5 years, the TZ project is expected to produce 1.83 million oz. of gold, averaging 175,000 oz. per year.
Copper price rises on a weaker dollar
US inflation data this week will help to shed light on Federal Reserve policy intentions.
Column: Russia’s coal exports to Asia slipping even as discount widens
Russia’s seaborne exports of all grades of coal to Asia dropped to the lowest in four months in August.
Column: Shanghai’s nickel twist risks more market fracture
LME nickel volumes have unsurprisingly slumped since March with activity in August down 47% on the same month last year.
F-35s all contain banned China-made alloy, Pentagon says
Every one of the more than 825 jets delivered so far contain a component made with a Chinese alloy that’s prohibited by both US law and Pentagon regulations.
Dubai-based owner of South Africa mine waste dam probing breach
The collapse of the dam triggered heavy flooding and resulted in three people dying and property being damaged.
Colombia to require environmental permits for exploration
Companies operating in Colombia currently need environmental permission only for the extraction and production phases of projects.
Venezuela pushes out small gold miners as Maduro seeks more revenue
President Nicolas Maduro has been striking deals with bigger miners, seeking more production and more revenue for the treasury.
