Former Glencore traders launch concentrates trading platform
The online marketplace, named Open Mineral, will let miners put up tenders for their concentrate directly to end-users.
Latest Stories
As Indonesian nickel ore flows again to China, famine turns to feast: Andy Home
The flow of Indonesian nickel ore to China has resumed after a three-and-a-half year break.
Goldcorp makes headway with plan to give Dome mine a new life
The company may be able to begin developing the potential open-pit Century project in Ontario by 2023.
Antofagasta faces strike threats at two of its copper mines in Chile
Workers at Zaldivar are set to vote on a strike this week, while supervisors at Centinela mine have already decided it, but expect a government mediation mechanism to extend negotiations for at least five more days.
Tanzania-focused miners face fresh challenges as country passes new laws
The two new laws allow the government to force mining and energy companies to renegotiate their contracts.
Australian spot coal prices hit highest since April amid mine outages, strong demand
Dam restrictions in China following excessive rains are also reducing hydropower capacity there, including at the world's biggest power station, forcing utilities to ramp up output at coal-fired utilities.
Banro halts gold mine in Congo due to violence, shares collapse
The company also evacuated all of its employees at Namoya mine after trucks belonging to a contractor were caught in crossfire between soldiers and a local self-defence militia.
Ghana mine collapses, 14 trapped underground
Only five out of the 19 illegal workers believed to have been at the pit when the accident happened have been rescued since Sunday.
Egypt awards gold mining tender to four companies
Two of them are foreign firms.