Sibanye says union wage demands may lead to more closures
The country’s gold production fell for a ninth straight month in June as rising costs, aging infrastructure and accidents affect profit and output.
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Tipping point? Inflation creep at Australia’s mines to erode margins
Rising costs, falling metals prices may eat into margins.
China’s Sichuan Road to mine copper in Eritrea starting in 2019
The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara.
Floods hit festival gold buying in India
Demand for physical gold was modest in India this week as the top bullion consuming state of Kerala coped with floods, while interest for the metal remained lacklustre elsewhere in Asia as buyers awaited a dip in prices.
Chile’s lithium giant SQM sees prices falling further this year
But the world's second largest producer said they will remain higher than the average reached last year.
Kremlin aide wants top firms to invest more rather than pay windfall tax
Kremlin aide Andrei Belousov said on Friday he would like major Russian firms to invest in social projects rather than pay higher taxes.
The gold price and the big short
Speculators in gold price futures are short 670 tonnes – the biggest bearish position in 25 years.
Chile says to clamp down on water rights in lithium-rich Salar de Atacama
Chile is preparing major new restrictions on the extraction of water from the lithium-rich Salar de Atacama salt flats, home to top lithium miners Albemarle and SQM.
The business of heat: British Columbia resource sector struggles to beat the heat
The province’s businesses grapple with the challenge of rising costs, threats to natural resources and changes in consumer spending patterns.
