China wealth fund said to join fray for $2bn Rio Tinto portfolio
The country's sovereign wealth fund is considering joining the bidding for Rio Tinto's last remaining coal mines.
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Sotheby’s expects over $33 million for world’s largest, rarest, flawless round diamond
The 102.34-carat white diamond is thought to be worth considerably more than previous auction records for similar pieces.
Sibanye-Stillwater $108 million-move on DRDGold OK’d
South African competition authorities have approved the exchange of selected Sibanye-Stillwater's assets for a 38% stake in DRDGOLD Ltd.
Copper price plunges to 8-week low
"Keep an eye on what we call China’s old economy – the property market, the infrastructure segment. That’s where we expect a slowdown sometime this year.”
US coal exports surged 60% last year
US coal exports have not reached numbers this high since 2014.
China’s love affair with gold heating up on property riches
The nation’s demand for gold jewelry climbed 10 pct last year to almost 700 metric tons as wealthy increased purchases and consumption improved.
Congo seeks to soothe miners while holding course on changes
DRC tried to strike more conciliatory tone after week of heated exchanges between Africa’s top copper producer and some of its largest foreign investors.
Oil prices ravaged by financial turmoil
Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market.
Uncovering safety technology in the Canadian mining industry
“Safety systems using radar, warning signals and improved visibility readily address risks to prevent accidents" says vehicle safety expert Henry Morgan.