Russian miners explore payment schemes eschewing dollar
Russia favoured bilateral trade with all countries in their national currencies, rather than the dollar, but that the idea needed detailed work.
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Nickel is dancing to a new electric (vehicle) beat
The world used almost 2.2 million tonnes of nickel last year. Around two thirds of that metal was absorbed by the stainless steel industry.
First-half diamond sales down 16 percent at Botswana’s Okavango
Marcus ter Haar said the company sold 1.778 million carats in the first half of 2018 compared with 1.808 million carats in the same period last year.
Oil major and miner ethics scrutinized by Methodist investors
The Methodist Church is prepared to back those committed to mending their ways.
Gold trading volumes double in Turkey amid currency crisis
First Turkish President Recep Tayyip Erdogan argued citizens should buy gold, then he said sell.
Perth Mint launches first gold-backed ETF on NYSE
The new fund, which will trade under the ticker symbol AAAU, will charge a fee of 18 basis points, or 0.18 percent of the value of an investment.
Rio Tinto closer to selling $6bn stake in Iron Ore of Canada
Company is said to have hired Credit Suisse to conduct an auction of its 58.7% interest in IOC.
Gold Fields boss says South Deep lay-offs are ‘last-gasp measure’
Holland said the company has made every effort to avoid the drastic move, but said the choice was now between that and serious risk to the future of South Deep and its many stakeholders.
Gem Diamonds big discoveries reach a dozen
The company that digs the world’s most valuable diamonds may soon become the one that also finds the biggest.
