China launches gold options as prices near 6-year highs The world's top bullion producer and consumer launched its first gold options contract on the Shanghai Futures Exchange on Friday. Reuters | December 20, 2019 | 9:51 am
ICBC Standard aborts plan to shut base metals unit The bank, a joint venture between Industrial and Commercial Bank of China and Africa's largest lender Standard Bank, is a major participant in base metals markets globally. Reuters | December 20, 2019 | 9:45 am
Water around Rio Tinto’s Madagascar mine is high in lead, uranium – study Mean concentration of lead downstream was 0.0256 mg/L, the study found, compared to WHO's recommended maximum of 0.01 mg/L in drinking water. Reuters | December 20, 2019 | 9:41 am
Doctor Copper ends 2019 with a new-found spring in his step LME copper hit a seven-month high of $6,235.50 per tonne Friday morning. Reuters | December 20, 2019 | 9:28 am
Nexus to further explore McKenzie gold project The miner will conduct a minimum 1000-metre diamond drill program to test the mineralization potential of a corridor within the property. MINING.COM Staff Writer | December 20, 2019 | 6:15 am
Steenkampskraal rare earths mine ready to start construction It is considered the world's highest-grade rare earth mine, and has cleared the last permit needed to move forward. MINING.COM Staff Writer | December 20, 2019 | 6:15 am
Codelco cancels $1bn desalination plant contract with Japan’s Marubeni Construction of the plant, with an initial capacity of 840 litres per second, was due to start in the first quarter of 2020. Cecilia Jamasmie | December 20, 2019 | 5:00 am
AngloGold reopens 30 million ounce Ghana mine The company is seeking access to Obuasi’s 30-million-ounce ore body over the next two decades. Cecilia Jamasmie | December 20, 2019 | 3:57 am
RANKED: Top 10 lowest cost gold projects on the globe Turkey took three out of the top five. Vladimir Basov | December 19, 2019 | 3:56 pm