Miner and commodities trader Glencore (LON:GLEN) produced some stellar results on Thursday and the Switzerland-based company also provided a positive outlook for 2017, particularly for its base metals business.
While not expecting a boom, BMI Research in a new report is positive about the medium-term growth outlook for Iran’s mining industry following the lifting of decades old Western sanctions at the beginning of the year.
As expected, the prices of gold and copper are down ahead of the US Federal Reserve Chair Janet Yellen's much anticipated annual speech on the direction of monetary policy.
China is the leader in extracting gold, zinc, lead, molybdenum, coal, tin, tungsten, rare earths, graphite, vanadium, antimony and phosphate, and holds second place in mine production of copper, silver, cobalt, bauxite and manganese.
Scientists at South Australia’s Flinders University are developing a series of experiments to extract minerals from ore using environmentally friendly microbes usually found on mine sites.