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African government efforts to force mining firms to process minerals before export may backfire as they come up against declining commodity prices.
The company says the power rationing in the DRC will not affect its Tenke mine operations in the short term.
The two countries have signed a $2.3 billion joint-venture deal to construct fertiliser factories to serve Africa's growing agricultural market.
The West African country of Guinea confiscated half of the giant Simandou iron ore project in 2008, accusing Rio of moving too slowly.
Exxaro will not allocate more funds for its Mayoko iron ore project until it finalises deals on the usage of rail and port facilities when production starts.
John Paulson is driving a rally in his funds with prescient bets on companies in takeovers, a strategy known as merger-arbitrage.
South Africa's major platinum producers choose not to be present to receive a memorandum from the Union that claims they and government negotiated in bad faith.
CEO Brian Porter says the process for setting gold prices, known as the London gold fix, is outdated and should be reviewed.
Jamie Sokalsky thinks gold prices may retest previous highs and rise toward $2,000 an ounce within two or three years.
The Massawa project doesn’t currently meet Randgold’s requirements for development, CEO Mark Bristow said in a presentation in Toronto on Wednesday.
The deficit was $4.2 billion in October through December, compared with $5.2 billion for the prior quarter, says the Reserve Bank of India.
Tom Albanese has been unveiled as the next CEO of Vedanta Resources and take over from Mahendra Singh Mehta on April 1.
Coal thefts across the Indonesian archipelago totalled about $6 billion last year, a local industry group estimates.
Miners have been told to halt any project expansion requiring more power amid a shortage that will take years to resolve, government documents show.
The finance ministry says the country is holding gold coins valued at $501,390 as its only reserves, highlighting the parlous state of its finances.
Iron ore exports to China from Australia's Port Hedland climbed 36% in February compared with the same month last year.
Unionised employees at its Maricunga mine are currently on strike and have forced the company to suspend operations at the site.
The country is eyeing investments into its long-neglected gold sector as part of a strategy to rebuild its economy after a decade of political turmoil.
Themba Mkhwanazi has been appointed the new head of Anglo American’s coal business in South Africa, taking over from Godfrey Gomwe.
A moratorium on new mining exploration licenses in Mongolia could be lifted during the spring session of parliament, says Mongolia's mines minister.
The UN Security Council imposed a trade embargo on the Ivory Coast’s diamonds in 2005 to stop money from sales from funding arms purchases.
Recent data showing that an oversupply of zinc has flipped into a shortage has added fuel to the bulls' case for zinc, the top performing industrial metal over the past 3 months.
BHP sees international development of shale-gas resources continuing to trail the production boom in the US in part because of a lack of infrastructure.
Glencore Xstrata says Minmetals is the preferred bidder for its Las Bambas copper mine in Peru.
The union has revised its wage demands to the world's top platinum producers, in its first major concession as a sector-wide strike rumbles on.
Last year, the government raised import duty on gold to a record 10% and tied gold consumption to exports of gold jewellery to bolster external finances.
Harmony says an investigation into a fire that killed 9 miners at its Doornkop mine will take at least another four weeks to complete.
More than 400 federal agents, police and military personnel raided 11 sites around the Pacific port of Lazaro Cardenas and seized minerals without proper documentation.
Executive Chairman James Moffett and James Flores, CEO of FCX's oil and gas unit, will be paid $1.25 million instead of $2.5 million.
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