Gold price builds momentum as hedge funds add 36% to bullish bets
Large-scale speculators in gold futures are positioning for an extended gold rally.
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Iron ore sticks to fundamentals as other commodities dance to noise — opinion
While geopolitical concerns have been the prime driver for most commodity markets recently, iron ore has been a standout, trading largely on traditional fundamentals.
IMP Automation Group joins FLSmidth, boosting mining portfolio
The integration of IMP will enable FLSmidth to support the expanding market for automated laboratories.
Vedanta seeks arbitration in Zambian copper mine dispute
Zambia’s government this month began liquidation proceedings against Vedanta’s Konkola Copper Mines, after accusing Vedanta of lying about expansion plans and paying too little tax.
Glencore’s executive departures hasten as oil chief leaves
The generational change at the top of Glencore Plc gained speed on Monday, after the company announced the retirement of its long standing head of oil Alex Beard.
Zimbabwe’s mineral-backed loans may complicate talks with creditors, IMF says
Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import Bank for mineral-backed loans
Australian company to extract magnesium from waste-water streams
EcoMag says hydrated magnesium carbonate is a high-purity, high-value magnesium product that currently fetches circa $1,250/tonne.
Royal Road Minerals acquires Northern Colombia Holdings
The acquired company holds or has rights to a title package comprised of mining concession agreements covering approximately 35,747 hectares of land.
Worker killed at Codelco’s El Teniente mine
The causes that prompted a rock to fall down at the Pilar Norte mine are under investigation.
