South Africa’s Gold Fields says headline earnings to fall up to 12 pct
The miner flagged headline earnings per share of $0.23 to $0.26 per share for the year ended Dec. 31, 2017.
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Mining boom delivers record resource export revenues for Australia
Trade data from AUS Bureau of Statistics has confirmed importance of the mining industry to Australian economy and continuing benefits of the mining boom.
Coal buyers spooked by Indonesia’s new shipping rules
Indonesian coal buyers holding back orders of fuel after government issued new shipping rules for coal and crude palm oil that restricts exports to vessels.
Vedanta hit by iron ore mining halt in Goa
Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state of Goa.
Ivanhoe boss said he’d pay higher taxes in Congo if it benefits locals
Robert Friedland, founder and executive chairman of Ivanhoe Mines, said he would be happy to pay higher taxes if there is stability in Congo's rules and transparency in the accounting of those royalties.
China wealth fund said to join fray for $2bn Rio Tinto portfolio
The country's sovereign wealth fund is considering joining the bidding for Rio Tinto's last remaining coal mines.
Sotheby’s expects over $33 million for world’s largest, rarest, flawless round diamond
The 102.34-carat white diamond is thought to be worth considerably more than previous auction records for similar pieces.
Sibanye-Stillwater $108 million-move on DRDGold OK’d
South African competition authorities have approved the exchange of selected Sibanye-Stillwater's assets for a 38% stake in DRDGOLD Ltd.
Copper price plunges to 8-week low
"Keep an eye on what we call China’s old economy – the property market, the infrastructure segment. That’s where we expect a slowdown sometime this year.”
