Jewelers sell $1 gold online as Indians warm up to internet buys
The jewelers have launched the offers just as the festive season begins in India, when gold demand peaks.
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Iron ore price up despite falling steel demand
Downstream consumption for stainless steel has been constrained in China, especially in Guangdong province.
‘Very tight’ copper belies market turmoil, industry leader says
Prices for the bellwether commodity this year will average more than $4 a pound, said Diego Hernandez, head of Chilean mining society Sonami.
South Africa’s rival unions unite in dispute over gold miner pay
Collectively, they are asking for a monthly pay increase of 1,500 rand ($100) for workers in Sibanye’s gold mines.
Botswana sells troubled state-owned mine to Canada’s Premium Nickel Resources
PNR was awarded an exclusive right to undertake six months of due diligence on BCL, placed under liquidation in 2016.
Copper price falls on China power squeeze worries
Copper prices will average more than $4 a pound this year, says Diego Hernandez, head of Chilean mining society.
Fortuna to add fifth mine to portfolio with construction of Seguela in Côte d’Ivoire
Ground-breaking at the plant site is scheduled for next month, and the accommodations camp should be finished in November.
Five gendarmes killed in attack on mining convoy in Mali
Armed attacks by Islamist militants and other groups are common across vast swathes of Mali and its neighbours Burkina Faso and Niger.
Nornickel to stick with dividend policy in 2021, CEO says
Company will stick with its policy of paying out 60% of core earnings in dividends for 2021.