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Africa
Violent protests shut down key Rio Tinto mine in South Africa
Violent protests, often characterized by deadly shootings and barricades of burning tires, are making it harder for the world’s biggest mining companies to operate...
China’s Saudi crude imports rise 76% in October on increasing demand
China’s crude oil imports from Saudi Arabia rose 76.3% in October, boosted by demand from new refiners, with the kingdom retaining its position as...
World’s highest grade rare earths producer expands into Zimbabwe
THE world's highest grade rare earths producer Rainbow Rare Earths (LON: RBW) has acquired ten mining claims in northern Zimbabwe as part of its...
Corruption, child labor risk in Congo’s cobalt industry, OECD warns
Companies mining and buying copper and cobalt from the Democratic Republic of Congo must do more to fight corruption and child labor in the...
Blue diamond found by struggling Petra sold for $14.9 million
South Africa’s Petra Diamonds (LON:PDL) has sold a 20.08-carat blue precious rock it found in September at its iconic Cullinan mine for $14.9 million, or about...
Gold to reach $1 700
The gold bulls are back, predicting a price of $1 700 an ounce and higher in early 2020.This month gold rallied to its highest...
Oil prices rise Oil prices rise
LONDON. — Oil rose yesterday following media reports that China was open to agreeing a partial trade deal with the United States, while unrest in...
Gold holds firm
Gold prices yesterday held on to the previous session’s gains, as fading hopes for progress in US — China trade talks hit risk appetite,...
Gold down 1 percent
Gold slipped by 1 percent to a one-week low last Friday and was heading for its worst week in six-months as investors sought safety...
Mali’s new mining code ends tax exemptions, other protections
Reuters-Mining companies operating in Mali will no longer be exempt from VAT during production and will have a shorter period of protection from fiscal...
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