Asia gold buyers snap up bargains as price dive revives demand
Physical gold demand in India regained momentum this week as jewellers stocked up after prices dipped to their lowest in over seven months.
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Russia’s government sees windfall tax on metals firms as impractical -ministry
The Russian government thinks it would be impractical to raise more taxes from metals and mining companies that are earning windfall profits.
Zambia tax authority goes after Gemfields
Zambia’s Revenue Authority served the firm two search warrants during an unannounced visit to its Kagem mine.
Turkey tariffs hike on US goods threatens country’s coal imports — WoodMac
Wood Mackenzie predicts that, in the short term, demand for coal will fall due to its higher prices. In the longer term, the new tariffs will slow Turkish economic growth and with that, further weaken the demand for coal.
China’s CATL to start producing next-gen low-cobalt batteries in 2019 — source
China's largest lithium battery maker will produce nickel-rich batteries, which are cheaper to make and have longer life-spans than cobalt-based ones.
JX Nippon Mining, Mitsui dodge strike at Chile’s Caserones mine
Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.
Copper producer KGHM’s profit halves in second quarter
KGHM said that second quarter net profit fell to 171 million zlotys ($45 million) and missed analysts forecasts of 361 million zlotys.
Mexican-focused junior pops on PEA results
Minera Alamos files PEA for its La Fortuna gold project with after-tax IRR of 93%.
Dorado: Australia’s biggest oil discovery this century
The Dorado-1 well was expected to find 545 bcf of gas but resulted in something much more valuable, a large commercial oil find.