Chalice Gold shareholders approve Eritrea sale
Chalice stock jumped 7.3% on the ASX in Sydney on the news.
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Barclays: Commodity investors’ retreat is turning into a stampede
The speed and extent of recent commodity price falls suggest market participants are anticipating a severe deterioration in the macroeconomic outlook.
Caterpillar sales up 11% in 3 months to end of May
Strong demand for Caterpillar Inc.'s (NYSE:CAT) construction and mining equipment in North American continues to offset slow sales elsewhere in the world, as the company reported Wednesday an increase of 11% in global sales in the three months to the end of May.
L&L Energy buys majority stake in Chinese coal mine
US-based L&L Energy, Inc. (NASDAQ: LLEN), a company with five-year track record of profitable coal operations in China, announced it has entered into an MOU to acquire the Lashu Mine in HeZhang County, Guizhou Province.
Australian clean coal institute ‘squandered’ $300 million, has ‘precious little’ to show
The since departed head of the institute which has staff of 78 was paid in excess of $500,000 per year and the organization racked up more than $54 million in "operational expenses" in the first two years including "conferencing in empire-style Parisian ballrooms" and being entertained by celebrity chefs in Tokyo.
Indonesia’s new policies force India to cut back on coal power projects
A change in Indonesia’s mineral export rules has pushed up the cost of coal for Indian buyers, who source 70 per cent of their coal imports from the southeast Asian nation, making about 9,000 MW of imported coal-based projects in the country economically unviable.
Gold traders bullish as ETFs stock up on bullion for the first time in three months
After three months of declines holdings by exchange traded funds rose by just over 21 tonnes or $1 billion since the start of June.
Violence erupts at Glencore’s Bolivian mine
It is believed that the violence resulted from Glencore workers trying to forcefully take back control from a rival Bolivian state-based company.
Xstrata: Copper fundamentals are strong and ‘should stay that way’
"It's very difficult to foresee what's going to happen to copper prices, but the market remains strong and should stay that way," Sartain said at a press conference in Chile.
Myanmar: what investors need to know
American based sanctions removed, over $2 billion invested and host to the South Asian Games.
RANKED: Top 10 gold mining companies of 2025
The million ounce club: These miners are making the most of record high gold prices.