Rio Tinto in discussions with SFO over Simandou probe
Miner is seeking a deferred prosecution agreement over a payment it made to a consultant working on Simandou, the Financial Times reported.
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Indonesia moving up the mining value chain – report
The mining industry will increasingly lose dominance as a driver of Indonesia’s mineral exports, Fitch says.
Vale develops first 100% electric locomotive in Brazil
The pilot-phase for the EMD Joule locomotive is expected to be launched in H2 2020.
Liberty expands Black Pine with high-grade hits, shares up
Liberty’s stock was trading up 7.5% Tuesday afternoon on the TSE.
US finds its Chinese rare earth dependency hard to break
China's control of global processing capacity is almost total, with the exception of Lynas' separation plant in Malaysia.
Kumba Iron Ore posts 17% decline in interim earnings
The company also approved a $426 million project at its Kolomela operations.
US Mint sets limits on gold, silver coins sales
The US Treasury agency has reduced the supply of gold and silver coins to distributors as the coronavirus pandemic has affected production.
Gold price steadies after record-breaking run
Spot gold reached a new high of $1,980/oz Tuesday, while gold futures rose to $2,000/oz for the first time ever.
Supervisors at Antofagasta’s Centinela accept new contract
The supervisors' union agreed last week to extend government-mediated talks after failing to agree on a new contract with the company.