Newcrest greenlights first expansion phase of Cadia gold mine
The projected returns are slightly better than the output Newcrest had predicted in a pre-feasibility study released last year.
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RWE will resist pressure for quicker shutdown of coal capacity
RWE AG, which owns six facilities using the dirtiest fossil fuel, has obligations to workers and municipal shareholders that will prevent quicker efforts to close coal capacity.
Vale’s Q3 iron ore output falls 17.4% year-on-year following Brazil dam break
Quarterly sales of the key raw material fell 11.8% from a year ago to 74.039 million tonnes.
Vale, Sumitomo to reduce stake in Indonesian nickel miner
Vale and Sumitomo will sell a 20% stake to state-owned Asahan Aluminium, known as Inalum.
Workers at Teck Resources’ Chile mine to go on strike
The mine, located in central Chile about 350 kilometers north of Santiago, produced about 15,000 tonnes of copper in the quarter ended June 30.
Alamos Gold halts construction at Turkish project amid protests
Thousands of Turks, including opposition lawmakers, have been protesting against the mine, saying the company would use cyanide to extract gold, contaminating the soil and waters of a nearby dam.
Zimbabwe unveils plan for $12 billion in mineral revenue by 2023
The southern African nation sees the mining sector as the main driver for reviving an economy crippled by triple-digit inflation and high unemployment.
Nyrstar’s Langlois mine in Canada to cease production in December
The Langlois mine produced 24,000 tonnes on zinc in concentrate last year.
The Fed grows concerned – should gold investors do the same?
The Fed released the minutes from its last meeting. What can we learn from the new light they shine on the U.S. monetary policy? How will it affect the gold market?
