Iron ore price jumps as Fortescue halts Pilbara operations
The world’s no.4 iron ore miner halted operations at its Solomon Hub site after an employee died in a ground collapse.
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Copper price down on Fed taper talk
A key focus of financial markets in the third quarter has been talks of policy tightening in the United States, which also boosted the dollar.
Zambia’s Konkola liquidator arrested, calls money-laundering charges “baseless”
Milingo Lungu, has been charged with laundering more than $2 million.
Albemarle to buy Chinese lithium firm for $200 million
With the acquisition of Guangxi Tianyuan, the world’s top lithium producer is expanding its battery metal conversion capacity.
AngloGold Ashanti likely to resume mining at Obuasi by mid-Oct
Operations were suspended following a ground collapse in May.
Russia submits proposed mining tax changes to the parliament
The taxes will affect Russian producers of steel, coking coal and fertilisers, as well as mixed ore.
Chile copper output down in August as labor strikes dog production
The Andean nation's copper output fell to 466,928 tonnes in August.
China power crunch slams factories as coal lobby warns woes could stay until winter
Since last week, more than 100 companies from electronic component manufacturers to gold miners have notified stock markets of production suspensions.
China hikes 2021 rare earth quotas by 20% to record highs
The 2021 quota for smelting and separation is 162,000 tonnes, also up 20% on the year.
