Silver hovers near record ahead of Fed decision
SILVER traded close to record levels on Monday following modest profit-taking ahead of this week's Federal Reserve interest rate announcement, whilst gold edged marginally...
Rio Tinto targets $10bn from non-core asset sales
RIO Tinto CEO Simon Trott outlined plans on Thursday to generate $5bn to $10bn through divestments and productivity growth as he moves to simplify...
Codelco and Glencore plan Chilean copper smelter
CHILE'S state copper producer Codelco and Swiss miner Glencore have signed an initial agreement to develop a smelter in northern Chile, the companies announced...
SA weighs eleventh hour plan to save ferrochrome smelters
SOUTH Africa's ferroalloy industry has tabled an electricity pricing proposal requiring no government or Eskom subsidies, said News24 on Thursday.
Ferrochrome producers including Glencore and...
Copper rally will prove short-lived warns Goldman Sachs
GOLDMAN Sachs has challenged the bullish sentiment surrounding copper, predicting the metal's surge past $11,000 a ton will not last as supplies remain adequate...
Vale and Glencore plan Canadian copper venture
VALE and Glencore are considering a joint copper project in Canada as both companies seek greater exposure to a metal expected to face supply...
Mali recovers $1.2bn from mining audit
MALI'S government has clawed back 761 billion CFA francs ($1.2bn) in unpaid dues from mining operators following an extensive industry review, said Reuters citing...
Sibanye-Stillwater signs wage deal with gold miners
SIBANYE-Stillwater said on Tuesday it had signed a three year wage deal with all represented unions for employees on its gold mines.
The agreement is...