Glencore tightens grip on Congo mining unit as scrutiny sharpens
Glencore tightened its grip by appointing new executives and entering a management services contract to run its troubled Congo copper and cobalt unit.
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Burkina gold miners shaken by Islamic terror
This week, the country’s parliament voted to extend a state of emergency that has been in place since Dec. 31, by six months – following a string of terrorist incidents in several northern provinces, included the recent murder of Canadian geologist, Kirk Woodman.
China iron ore, steel hit multi-month highs on trade hopes
Prices of steel and steel-making raw materials in China rose on Friday amid optimism over progress in the U.S.-Sino trade talks.
The aluminium puzzle: record deficit but bombed-out price: Andy Home
A new year but the same old problems for aluminium. "When you look at the economics of producing aluminium, these prices cannot be sustainable."
Germany’s 2019 hard coal imports seen rising after mining ends
Germany is expected to import 45 million tonnes of hard coal this year, up roughly 1.4 percent from 2018 despite mounting competition from renewable energy.
Government shutdown a double-whammy for American nail maker
The government shutdown is adding to the woes of U.S. companies already paying tariffs for their steel and aluminum.
Turquoise Hill reports fourth quarter 2018 production for Oyu Tolgoi, 2019 guidance
The company expects Oyu Tolgoi will be the world’s third-largest copper producer at peak metal production.
Bayhorse samples high grade silver in Oregon
The company is trying to find the mine’s higher grade zones; it will then designate the barren zones as support pillars in its mine design.
Alrosa made big bucks at international auctions
Given the positive feedback received following two sales events in New York, the company decided to increase the number of auctions in the United States this year.