Russia’s VTB Capital aims to double gold sales to China in 2018
Russia's gold-trading banks trying to increase presence in Asian markets, especially since demand for Russian gold in European trading hubs slow since 2014.
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Russia miner Nornickel sees capex rising by 2019-2020
The company plans to increase capital expenditure to an average of $2.3 billion to $2.5 billion a year in 2019 and 2020 from about $2 billion in 2018.
Norilsk Nickel to increase 2017 palladium purchases
Head of Global Sales and Marketing Markus Meurer said purchases in 2017 would rise to as much as 600,000 oz of palladium, compared to 160,764 oz last year.
Top Glencore executive quits Katanga board after accounting lapse
Katanga, which operates cobalt and copper mines in the DRC, said Aristotelis Mistakidis, Liam Gallagher and Tim Henderson had tendered their resignations.
Vale says still looking to sell stake in New Caledonia nickel mine
The miner denied it had decided to suspend the sale of a stake in its loss-making New Caledonia nickel mine (VNC), and added that its plan to find a partner is still a go.
Anglo to halt Minas Rio in Brazil if expansion licence delayed further
The company said if long-delayed permit for its massive iron ore mine is not issued next month as expected, it would have to shut it by Sep. 2018.
Philippines’ Duterte holds open pit mining ban despite pressure
President Rodrigo Duterte's decision not only ignores demands from pro-mining groups but also from members of his own government, including the current environment minister Roy Cimatu.
India’s US coal imports highest since 2015, seen up further on ban
Coal imports seen rising further amid fears ban may expand. Cement firms scrambling for U.S. coal - executive.
Keith Neumeyer: The numbers sound crazy, but I predict $8,000 gold & $130 silver
The current silver price is almost a joke. We’ve seen lead, zinc, nickel, lithium, and cobalt make significant price rises but gold and silver remain flat.
