MINING.COM

US appeals court revives aluminum antitrust cases vs Goldman, JPMorgan, Glencore

Purchasers accused banks and commodity trading, mining and metals warehousing companies of conspiring to hoard aluminum inventory earlier this decade.

Reuters | August 27, 2019 | 1:12 pm

UBS says it’s staying long gold as price now destined for $1,600

Gold is proving its worth as a haven this year as the two largest economies trade blows.

Bloomberg News | August 27, 2019 | 11:30 am

Pentagon in talks with Australia on rare earths plant — official

The news comes as China threatens to curb exports to the United States.

Reuters | August 27, 2019 | 11:09 am

Strike action pushes Sibanye into the red in first half

Gold production was hit by the strike that ended in April and cost Sibanye more than $100 million in lost revenue.

Reuters | August 27, 2019 | 10:27 am

Amplats completes buyout of prospecting rights from Atlatsa

As part of the deal, the platinum miner said it would waive debt owing by Atlatsa.

Reuters | August 27, 2019 | 10:13 am

Teck’s zinc production to take hit following equipment failure

The incident could cost the miner between 20,000 and 30,000 tonnes in lost production.

Jackson Chen | August 27, 2019 | 10:09 am

New projects for battery material nickel need a price spur

Consultancy Roskill estimates most new greenfield nickel projects would need prices at $22,000 a tonne or above.

Reuters | August 27, 2019 | 9:45 am

Zambian court suspends KCM wind-up hearing pending appeal ruling

Zambia’s High Court has suspended hearings until the Court of Appeal rules on the lower court’s refusal to let the matter go to arbitration.

Reuters | August 27, 2019 | 9:38 am

Central banks just love gold and it’s going to stay that way

Gold has surged 19% this year as the trade war flared up, bond markets signaled that a US recession may be on the horizon, and the Federal Reserve cut rates.

Bloomberg News | August 27, 2019 | 9:31 am

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