Gold consumption in the country fell to 569.5 tonnes, with the weakness in the yuan adding to higher spot prices.

The 70 million tonne-a-year project in the Pilbara is meant to replace other Yandicoogina’s areas that are running out of ore.

State-owned and private companies from the UK, Germany, India, Brazil, Singapore and Russia are among those to benefit from the seabed regulator’s decision.

BHP’s major vote of confidence in iron ore proves the company trusts it can mine the bulk commodity for less than many rival producers, and thrive even in an environment of weakening prices.

On July 15, 2014, an article entitled, “Australia speeds up probe on alleged $65 million gold scam”, written by Cecilia Jamasmie, was published on MINING.com. The logo of Australian Bullion Exchange Limited (“ABX”) appeared next to the post. There were also false statements made in the comments to the article which specifically identified ABX and falsely suggested ABX was involved in the fraud.

Anglo's unit Kumba plans to almost double production by 2030.

Move comes amid commodity price downturn.

The world's largest diamond miner by market value said it will adopt a more flexible sales approach.

The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.