Peruvian government suspends Southern’s construction licence for Tía María project
Following a request to review the project, the Ministry of Mines temporarily suspended the licence.
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Mothballed Dartbrook coal mine in NSW can restart operations
The mine was placed on care and maintenance in late 2006 because of operational difficulties and lower coal prices.
Big US stocks’ Q2’19 fundamentals
Major US corporations have been engaged in a wildly-unprecedented stock-buyback binge.
China iron ore extends losses, logs biggest weekly drop in over 16 months
The most-traded iron ore contract on the Dalian Commodity Exchange, for January 2020 delivery, fell as much as 5.4% to 628 yuan ($89.11) a tonne.
Asia Gold: soaring prices dim activity but safe-haven buying trickles in
Activity in physical gold markets in major Asian centres was quiet this week as surging prices kept consumers away.
Lucara results highlight difficult market
The miner produced 42% more diamonds than expected and sold 33% more than anticipated for 4% less revenue.
Rio Tinto’s Resolution copper project in Arizona moves a step closer
The state has one of the few known major deposits of the metal, with the potential to meet around a quarter of US demand.
Indonesian president seeks input on bringing forward ore exports ban
The ban is about pushing domestic industries to process more mineral ores locally.
Zambia asks Glencore unit to rescind mine shaft closures
Glencore subsidiary Mopani announced the shaft closures on Thursday in a move that an opposition leader said had led to 1,400 job losses.