MINING.COM

In the land where coal is king, mine jobs outweigh climate fears

Coal is Australia’s second-largest income generator after iron ore, and many lawmakers welcome efforts to boost an industry that brings in A$60 billion ($42 billion) a year.

Bloomberg News | May 7, 2019 | 1:39 pm

Indonesia chases manufacturing hub dream as commodities wither

Indonesia plans to open up more sectors to foreign investors and reboot its stringent labor laws to become a regional manufacturing powerhouse rivaling Germany and South Korea.

Bloomberg News | May 7, 2019 | 12:39 pm

Lithium prices from Chile decline even as demand soars

Chile exported lithium carbonate at an average price of $12,183 per tonne, 0.9% down from the same period a year earlier.

Bloomberg News | May 7, 2019 | 11:57 am

China-US trade war disrupting metal markets, sparking volatility

A swift deterioration in China-US trade talks hit global financial markets this week as investors faced the prospect of an escalation rather than an end to a 10-month-old trade war.

Reuters | May 7, 2019 | 11:39 am

Norway’s KLP fund cuts coal exposure

Norwegian pension fund manager KLP has sold $366m of bond and equity exposure in 46 companies, including leading miners BHP and Anglo American.

Reuters | May 7, 2019 | 11:24 am

Chile copper mine production slides in first quarter – Cochilco

Cochilco said world top copper miner Codelco saw output drop 17 percent from the same period in 2018 to 371,000 tonnes.

Reuters | May 7, 2019 | 11:05 am

IAMGOLD stock sinks over 12% as Q1 results fall short

The Toronto-based gold miner reported an adjusted net loss of $2.2m, or roughly $0 per share, falling short of analysts' expectations of $0.01 per share.

MINING.COM Staff Writer | May 7, 2019 | 10:54 am