Saudi Arabia: We’ll pump the world’s very last barrel of oil
The Saudis have the two key ingredients to continue pumping oil till kingdom come—huge reserves and low production costs.
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Indonesia releases new rules on export revenue repatriation
"It feels like the penalties are not balanced" - Hendra Sinadia, Indonesian Coal Mining Association.
South Africa’s RBCT says 2018 coal exports fall
"The markets are a reality, they are outside RBCT's control" - Nosipho Siwisa-Damasane, RBCT chairwoman.
Global aluminium production growth brakes sharply in 2018
China's aluminium production, to quote Wood Mackenzie, "is not going to fall off a cliff in 2019".
Barrick’s Tongon mine hits production targets despite strikes, social unrest
After nine months of intermittent production caused by illegal strikes and social unrest, Tongon gold mine achieved its revised production target of 230,000 ounces for 2018, down from 288,680 the previous year.
Goldman says commodity investors fear future in age of Trump
Political uncertainty means there’s no time like the present when it comes to commodities trading, according to Goldman Sachs Group Inc.
Australia’s ANZ bank closes Singapore gold vault
"ANZ has suspended its physical precious metals custody service as it does not align to our business strategy at this time"
SQM just made it very difficult for Tianqi to access company secrets
The lithium miner, the world’s second largest producer of the white metal, has approved additional measures to protect corporate data considered confidential from China'a Tianqi, which recently bought almost a quarter of the Chilean company.
US copper projects gain steam thanks to electric vehicle trend
Industry analysts recommend investors buy shares of companies building new U.S. copper mines, a marked change from just 12 months ago when most recommendations were to hold.