Coal buyers spooked by Indonesia’s new shipping rules
Indonesian coal buyers holding back orders of fuel after government issued new shipping rules for coal and crude palm oil that restricts exports to vessels.
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Vedanta hit by iron ore mining halt in Goa
Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state of Goa.
Ivanhoe boss said he’d pay higher taxes in Congo if it benefits locals
Robert Friedland, founder and executive chairman of Ivanhoe Mines, said he would be happy to pay higher taxes if there is stability in Congo's rules and transparency in the accounting of those royalties.
China wealth fund said to join fray for $2bn Rio Tinto portfolio
The country's sovereign wealth fund is considering joining the bidding for Rio Tinto's last remaining coal mines.
Sotheby’s expects over $33 million for world’s largest, rarest, flawless round diamond
The 102.34-carat white diamond is thought to be worth considerably more than previous auction records for similar pieces.
Sibanye-Stillwater $108 million-move on DRDGold OK’d
South African competition authorities have approved the exchange of selected Sibanye-Stillwater's assets for a 38% stake in DRDGOLD Ltd.
Copper price plunges to 8-week low
"Keep an eye on what we call China’s old economy – the property market, the infrastructure segment. That’s where we expect a slowdown sometime this year.”
US coal exports surged 60% last year
US coal exports have not reached numbers this high since 2014.
China’s love affair with gold heating up on property riches
The nation’s demand for gold jewelry climbed 10 pct last year to almost 700 metric tons as wealthy increased purchases and consumption improved.
