June 21, 2018

More than 20 Philippine mines pass govt review, 4 fail — official

The panel reviewed the 27 mines in the world's No. 2 nickel ore supplier that former Environment and Natural Resources Secretary Regina Lopez ordered closed or suspended last year.

June 21, 2018

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.

June 20, 2018

Australia’s Mineral Resources drops out of race for Atlas Iron

The company's withdrawal means all eyes are now on Fortescue, which still has a 19.9%-stake in Atlas and has not yet disclosed whether it plans to launch a rival bid…

June 19, 2018

Indian regulator approves Nutrien’s sale of stake in SQM to Tianqi

The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China’s Tianqi Lithium.

June 18, 2018

Iron ore magnate Rinehart offers $290 million in cash for Atlas

The offer from Australian billionaire Gina Rinehart's Hancock Prospecting values Atlas shares at 17% more than price reached at Friday close.

June 17, 2018

Wall Street builds immunity to trade war rhetoric

So far, Trump has taken little action beyond tariffs of 25 percent on steel and 10 percent on aluminum on imports from China, the European Union and other countries.

June 15, 2018

China’s issues guidelines on foreign investment measures

China's State Council issued guidelines on Friday for previously announced measures easing restrictions on foreign investment.

June 14, 2018

China urges US to make ‘wise choice’ on trade tariffs

Trump is due to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods on Friday.

June 14, 2018

Vedanta mulls options for Indian iron ore workers after shutdown-sources

Vedanta is considering options including lay-offs for some of the 2,000 employees of its iron ore business that was shut down by a court.

June 14, 2018

Japan’s Sumitomo Metal says global nickel deficit to widen this year

Global demand for nickel is increasing by 7.3 percent in 2018 from last year to 2.298 million tonnes, while supply rises 6.8 percent to 2.210 m tonnes,