Indonesia tells Freeport to halt copper-gold mine for 3 months
The world's No. 2 copper mine has been practically halted from May 14 at estimated cost of about $15 million a day in lost production.
Latest Stories
Fears Brazil will force Vale into new Argentine potash deal
Former and current presidents of Brazil appear to be working hard at resurrecting the $6 billion-plus project.
Glencore Xstrata and Indian firms eye Rio’s $10bn assets for sale
Sale is part of CEO Sam Walsh’s plans to reduce operating costs by $5 billion over the next two years.
Miners strike at Lonmin mine in South Africa after worker shot dead
Today's death sparked fears of a repeat of last year’s violent unrest that left dozens of deaths and effectively shut down the country's platinum belt.
Rio Tinto closer to flotation of its multi-billion diamonds division
The company will look to offer $250 million worth of new shares in a separate listing.
Glencore Xstrata and Blackstone eye Rio Tinto’s stake in Iron Ore Company of Canada
Rio trying to sell its 59% stake.
Dr Doom Roubini: Gold bugs hype ‘ended up being counterproductive’
Famous economist gives six reasons gold is heading for $1,000.
Gaddafi’s gold, diamond billions ‘found in South Africa’
The dictator's assets, which by some accounts could top $80 billion, are stashed in bank accounts and vaults around the world.
Report: China starts stockpiling metals again
The Chinese State Reserves Bureau has returned to the nickel market in a big way. Copper may be next.