LME to deal clearing blow to new metals platform NFEx
The London Metal Exchange unlikely to provide clearing services for proposed new trading platform NFEx, a significant obstacle to the new exchange.
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This new model tracks copper use from cradle to grave…to reincarnation
Research also charts rapid growth of China’s copper use.
Newmont raises output target for 2018, lowers expected costs
The world’s No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.
Data workers prove a rare resource for Barrick, fellow miners
The world's biggest gold miner is staking new ground in a dogged push to overhaul its operations, seeking scarce artificial intelligence experts to oversee projects using technology for everything from exploration to robot-run mining.
De Beers reshuffles executive committee
Chief executive Bruce Cleaver said the changes were necessary to sustain De Beers' success as a business.
Copper price plunges
Down 4.7% in worst one-day performance since July 2015.
Diamond Fields to resume mining off Namibian coast next year
The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.
Glencore, Canadian teachers launch mining royalty firm
BaseCore Metals will be independently operated and have its own board of directors.
Sierra Leone ‘Peace Diamond’ sold for less-than-expected
The egg-sized, 709-carat rough yellowish diamond was sold for $6.5 million to luxury jeweller Laurence Graff, chairman of Graff Diamonds.
