China Baowu Steel Group denies report about takeover of Magang – media
This deal would help entrench China's position as a serious competitor in global steel markets.
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China copper smelters set Q4 treatment/refining charges lower than a year earlier
China's top copper smelters have set their floor treatment and refining charges (TC/RCs) for the fourth quarter at $90 per tonne and 9 cents per pound.
Anglo American becomes latest top miner to land in Ecuador
Deal with Luminex gives Anglo the right to earn a 60% ownership interest in a JV company, which indirectly holds three copper and gold concessions in Ecuador.
Christie’s to auction largest, finest pink diamond in its history
The top item at Christie’s Geneva Magnificent Jewels sale in November will be The Pink Legacy, an 18.96-carat fancy vivid pink diamond expected to fetch up to $50 million.
Glencore to double size of $1B share buyback program
Moves follows a growing number of world’s top miners returning more money to investors this year.
Great Panther acquires Brazil gold miner for $105 million
The transaction includes the acquisition of three producing mines and an advanced stage project.
Are bigger mines always better?
The Surface Evaluation Application reveals where the best fit is so you can make design decisions earlier in the project timeline, thereby saving you money and time.
Gold set to soar above $1,300 – Bank of America
Gold is set to surge over the next year as concerns deepen about the widening U.S. budget deficit.
Barrick needs Randgold to make the grade
Few gold mines can operate profitably below 1 gram a ton which is equivalent to extracting two teaspoons of gold from a Statue of Liberty’s worth of ore.
