August 29, 2017 Freeport to yield control of giant Grasberg copper mine to Indonesia The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.
August 28, 2017 India launches world’s first diamond futures exchange The Indian Commodity Exchange Limited (ICEX) will start trading in 1 carat/100 cent contracts, to later add 50 cent and 30 cent contracts.
August 28, 2017 Glencore to offload second coal mine in Australia in less than three months Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.
August 27, 2017 China to shut 6,000 non-coal mines by 2020 to improve safety China will shut 6,000 non-coal mines in an effort to reduce mining accidents and deaths by 2020, the State Administration of Work Safety said in a five-year plan.
August 25, 2017 Philippines to expand mining ban to watershed areas, ore exports In an effort to receive more financial benefits from mining operations, the government's proposal will also require investors in the sector to get legislative approval before operating.
August 24, 2017 Indian miners risk death for granite tiles and kitchens, report says Six out of 10 labourers toiling in southern Indian quarries for granite for tiles, fireplaces and kitchen counters around the world are working in dangerous conditions to repay huge loans,…
August 22, 2017 Iron ore nears $80 a tonne Prices for the steelmaking material have increased almost 50% since its 2017 lows.
August 21, 2017 Copper price rallies after Grasberg violence Copper above $3.00 after former workers torch dozens of buildings, vehicles at Freeport's Indonesia operations blocking access to world number two mine.
August 21, 2017 Four new distribution agreements strengthen Metso’s local presence in India’s flow control markets Metso strengthens its presence in India with the signing of four non-exclusive distribution agreements for its valve products.
August 20, 2017 Kingsgate jumps 49% after Thai gold mine suspension lifted Investors in Kingsgate Consolidated Ltd. (ASX:KCN) were allowed to gasp for air on Friday after being underwater on the stock due to problems with its mine in Thailand.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
