Angola awards $333m to Trafigura consortium to improve Congo rail link
The Angolan transport ministry said in its statement the improved rail corridor could contribute between $1.6 and $3.4 billion to Angola's GDP.
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India to invest overseas, seek long-term deals in push for fertilizer
The world's second-biggest producer of wheat and rice relies mostly on annual import deals and spot purchases to meet the rising demand for fertilizers.
Rio Tinto settles dispute with Australian Tax Office, to pay additional $423m
The dispute arose back in 2015 after Rio and its rival BHP Group were accused of shifting billions of dollars in iron ore profits through marketing hubs in Singapore.
Epiroc sees strong demand after profit just misses forecast
Mining gear maker Epiroc reported operating earnings slightly below market expectations on Wednesday.
Drought, operational issues bring Antofagasta guidance down
The Chilean miner has lowered its full-year output target from 660,000-690,000 tonnes to 640,000-660,000 tonnes.
Amorphous carbon may be useful for solar energy conversion
Researchers are using a new framework for understanding the electronic properties of amorphous carbon.
Gemfields on alert as insurgent attacks creep closer to Montepuez
An incident took place on July 13, about 30 km from the Cabo Delgado province's ruby mine, but operations have not been halted.
Cameroon’s anti-graft agency says investigations into Glencore bribery underway
In June, Glencore’s UK subsidiary pleaded guilty to seven counts of bribery in connection with oil operations in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria and South Sudan.
Vale cuts full-year production forecast, buoying iron ore market
One of the world's largest miners, now expects iron ore output for the year to be between 310 Mt and 320 Mt, from a previous estimate of 320-335 Mt.
