September 3, 2019 Copper hits two-year low as signs of global slowdown stack up Copper has slid 14% from this year’s high in mid-April on the back of a manufacturing slump and warnings that major economies are heading into recession.
September 3, 2019 Nickel’s perfect bull storm as Indonesia bans exports again LME three-month nickel hit a five-year high of $18,850 per tonne on Monday.
September 3, 2019 Venezuela gold reserves drop by $1bn in H1 2019 The value of the gold bars in central bank vaults fell to $4.62 billion, down 18.5% from $5.67 billion dollars at the end of 2018 - the lowest in 75…
September 3, 2019 Zambia mining firms say mineral royalties should be capped at 7.5% Africa's No. 2 copper producer increased its sliding scale for royalties of 4 to 6% by 1.5 percentage points and introduced a new 10% tax when the price of copper…
September 3, 2019 Botched bankruptcy leads to standoff in Kentucky coal country Laid off miners are blocking trains in protest against Blackjewel, which halted operations in July without settling its final salary obligations to more than 1,800 workers across the country.
September 3, 2019 Glencore wins transfer pricing court battle with Australian tax office Australia's tax office ruled the company had paid the correct amount of tax on purchases of copper concentrate from a New South Wales mine.
September 2, 2019 India’s seizures of smuggled gold jumps in June quarter The illegal trade could rise further in coming months as India, the world's second biggest gold consumer, raised an import tax on gold.
September 2, 2019 Indonesia’s nickel ban shows resource nationalism on the march While Indonesia has an estimated nickel ore reserves of 2.8 billion metric tons, proven stockpiles are only about 600 million to 700 million tonnes.
September 2, 2019 Gold ETF inflows top 100 tonnes in August as havens triumph Spot gold traded at $1,522.68 an ounce on Monday.
September 2, 2019 South African mining union says de-registration halted In April, the government's labour registrar said he intended to cancel registration of AMCU, one of the nation's largest and most militant unions.
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