Glencore to cut down on tax-haven subsidiaries as scrutiny grows
In a report on Monday, the commodities giant said it is reviewing all entities located in tax-haven jurisdictions.
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Global mined zinc production to ramp up — report
Australia, China, India and Peru are key production drivers.
Base metals performance to slow in short term, Moody’s predicts
Over the next year, Moody’s predicts prices will remain below 2018 levels while rising costs will put price margins under pressure.
Three coal miners die in Poland after quake
Three miners died after a tremor on Monday at a Polish coal mine owned by mining group PGG, the company said, in […]
Gold sinks most in a year as trade truce deals blow to bulls
Bullion hit a six-year high last week as top central banks including the U.S. Federal Reserve adopted a more dovish tone and tensions spiked between the U.S. and Iran.
Freeport-McMoran expects to post Q2 loss, cuts gold sales outlook
The world's largest publicly traded copper miner said it expected lower copper prices in the second quarter.
Barrick-Newmont Nevada JV to produce 1.8-1.9moz gold in H2 2019
The joint venture, Nevada Gold Mines LLC, is expected to have all in sustaining costs of $920 to $950 per ounce for the second half of the year.
Australia sees gold overtaking thermal coal as export earner
Asian demand for the heating fuel is expected to top out this year, as large consuming countries, including China, turn to cleaner energy such as hydropower.
Glencore’s Congo tragedy highlights security conundrum for miners
Last Thursday's tragedy ratcheted up pressure on companies to make changes to security and community outreach.