At least 30 missing after Myanmar jade mine landslide
Heavy monsoon rain loosened piles of earth and debris and sent it down the cliff, sweeping miners on the way. More »
Heavy monsoon rain loosened piles of earth and debris and sent it down the cliff, sweeping miners on the way. More »
(Reuters) – A magnitude 6.8 earthquake struck near the coast of Northern Chile on Tuesday, the GFZ German Research Centre for Geosciences said, with local news media reporting some damage and minor landslides in areas near the epicenter. Chile’s interior minis... More »
(Reuters) – A magnitude 6.8 earthquake struck near the coast of Northern Chile on Tuesday, the GFZ German Research Center for Geosciences said, and some damage and minor landslides were reported in areas near the epicenter, according to local media. A number o... More »
(Reuters) – U.S. President Donald Trump’s planned executive order on immigration will not include amnesty for migrants who are in the United States illegally but arrived in the country as children, a White House spokesman said on Friday. “This does not include... More »
WASHINGTON (Reuters) – Researchers diving into dark submerged caves on Mexico’s Yucatan Peninsula have found evidence of an ambitious mining operation starting 12,000 years ago and lasting two millennia for red ochre, an earth mineral pigment prized by prehist... More »
KHARTOUM (Reuters) – Sudan’s public prosecutor on Monday announced the discovery of a mass grave east of Khartoum suspected to contain the remains of students killed in 1998 as they tried escaping military service at a training camp. An investigation had been ... More »
WASHINGTON (Reuters) – NASA on Friday set the stage for a global debate over the basic principles governing how humans will live and work on the moon, as it released the main tenets of an international pact for moon exploration called the Artemis Accords. The ... More »
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world.... More »
BRUSSELS (Reuters) – Antwerp is regaining its glitz as Belgium eases a two-month nationwide coronavirus lockdown that virtually halted business in the world’s largest diamond trade centre. The return of some of the brokers, cutters and couriers who normally th... More »
MOSCOW (Reuters) – The Russian space agency, Roscosmos, accused Donald Trump on Tuesday of creating a basis to take over other planets by signing an executive order outlining U.S. policy on commercial mining in space. The executive order, which Roscosmos said ... More »
LONDON (Reuters) – A group representing Britain’s car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis. The figure represented a 25% fall from the number of new car registrations in 2... More »
LONDON (Reuters) – Anglo American said on Friday it would reschedule work at mines in countries such as Chile to contain the spread of coronavirus but added there had been no material disruption on production. The virus, which has claimed over 10,000 lives glo... More »
TORONTO – Small miners hoping to take advantage of demand for battery metals are struggling to convert electric vehicle aficionados into investors, compounding the sector’s funding constraints even as analysts predict a long-term shortage of the raw materials ... More »
SANTIAGO (Reuters) – With residents and courts ringing the alarm about depleted water supplies in Chile’s Atacama salt flat, the world’s top lithium miner Albemarle (ALB.N) quietly filed a proposal in December for a network to monitor flows beneath the parched... More »
BOSTON (Reuters) – New York state’s top pension fund official said it was reviewing whether to divest from 27 coal companies and could make decisions on $98 million in holdings within two months. The reviews by the third-largest U.S. state pension system, with... More »
NEW DELHI (Reuters) – Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country. The move underscores the challenges Walmart has faced in expanding its wholesale business in India. The Bentonville, Ark... More »
AUSTIN, Texas (Reuters) – Apple Inc APPL.O is trying to change the way electronics are recycled with a robot that disassembles its iPhone so that minerals can be recovered and reused, while acknowledging rising global demand for electronics means new mines wil... More »
BEIJING/SINGAPORE (Reuters) – China and the United States have agreed terms of a “phase one” trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15. Before Sunday’... More »
BEIJING (Reuters) – Growth in China’s industrial and retail sectors beat expectations in November, as government support propped up demand in the world’s second-largest economy and amid easing trade hostilities with Washington. The set of upbeat figures releas... More »
GISENYI, Rwanda (Reuters) – An Ebola survivor has fallen ill with the disease for a second time in eastern Congo, the Congolese health authorities said on Sunday, saying it was not yet clear if it was a case of relapse or reinfection. The Ebola outbreak in Dem... More »
WASHINGTON (Reuters) – The White House said in a letter on Sunday to the chairman of the House of Representatives Judiciary Committee that President Donald Trump would not send representation to a Wednesday impeachment hearing. Pat Cipollone, counsel to the pr... More »
GOMA, Democratic Republic of Congo (Reuters) – International organizations warned on Friday of a potential resurgence of Ebola in Congo after deadly militia attacks on health centers forced aid groups to suspend operations and withdraw staff from the epidemic’... More »
HONG KONG (Reuters) – Hong Kong police laid siege to a university on Monday, firing rubber bullets and tear gas to pin back anti-government protesters armed with petrol bombs and other homemade weapons from fleeing amid fears of a bloody crackdown. Dozens, cho... More »
NAIROBI/JOHANNESBURG/LONDON (Reuters) – As jihadists wreaked ever more havoc in the last two years, mining firms in Burkina Faso rolled out extra security measures, from barracks for government troops protecting them to safe rooms for workers behind barbed wir... More »
JAKARTA (Reuters) – Indonesian President Joko Widodo will officially open a new $128 million bridge in Papua on Monday amid a renewed pledge to develop one of the country’s poorest regions, which has seen a spike in unrest over perceived racial discrimination.... More »
BEIJING (Reuters) – Many privately held firms in Shandong, China’s third-biggest province by economic output, are struggling to repay short-term debt due to declining industry fundamentals, entangled cross guarantees and ill-managed investments, S&P Global Rat... More »
MAPUTO (Reuters) – Mozambicans voted on Tuesday in an election that could test a fragile two-month-old peace deal between the ruling Frelimo party and its old civil war foe turned opposition rival Renamo. The presidential, legislative and provincial polls are ... More »
FRANKFURT (Reuters) – Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC, Lynk and Proton, and also potential rivals with next-generation combustion and hy... More »
SYDNEY (Reuters) – Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises concerns their efforts could just be a box-ticking exercise in the transition from brown to gree... More »
(Reuters) – Woodford Patient Capital Trust, the listed trust run by under-fire money manager Neil Woodford, said its administrator Link Fund Solutions would cut the valuation of its stake in another of the company’s holdings. WPCT did not disclose any details ... More »
WASHINGTON (Reuters) – Mexican Foreign Minister Marcelo Ebrard said after a White House meeting on Tuesday that there has been a “significant decrease” in U.S.-bound immigration through Mexico, especially from Central America, and he expects the trend to conti... More »
GOMA, Democratic Republic of Congo (Reuters) – The death toll from Democratic Republic of Congo’s year-long Ebola outbreak has climbed above 2,000, government data showed on Friday, as responders battle to overcome community mistrust and widespread security pr... More »
BEIJING (Reuters) – The spread between seaborne iron ore heading to China and iron ore at China’s ports has widened to the highest in at least two years, following an increase in shipments from Australia and Brazil as disrupted mines gradually come back on tra... More »
BIARRITZ, France (Reuters) – The leaders of the group of seven nations are close to agreeing a deal to provide $20 million in emergency help to stop the Amazon forest fires, a French presidential source said. “The reality is that for the emergency aid they esp... More »
SHANGHAI (Reuters) – Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy s... More »
GUATEMALA CITY (Reuters) – The winner of Guatemala’s presidential election, Alejandro Giammattei, said on Sunday he hoped he could make changes to a controversial migration deal the Central American country signed with the Trump administration last month. Spea... More »
GUATEMALA CITY (Reuters) – Conservative Alejandro Giammattei swept aside his center-left rival in Guatemala’s presidential election on Sunday, and now inherits an unpopular migration deal agreed under duress with the Trump administration that could severely te... More »
GOMA (Reuters) – The World Health Organization said it has vaccinated over 1,300 people who potentially came into contact with the Ebola virus in the Congolese city of Goma, helping contain what many feared would be a rapid spread in an urban center. A year-lo... More »
JOHANNESBURG (Reuters) – Former South African President Jacob Zuma told a corruption inquiry on Monday that he had never broken the law with the Gupta family, describing the businessmen at the center of an influence-peddling scandal as friends. Zuma also said ... More »
JOHANNESBURG (Reuters) – Former South African president Jacob Zuma told a corruption inquiry on Monday that there was a conspiracy against him and that his enemies had subjected him to a “character assassination” because they wanted him out of power. “This com... More »
(Reuters) – Rio Tinto (RIO.L)(RIO.AX) named Barbara Levi as its new general counsel and group executive on Monday, replacing Philip Richards. Levi, currently group legal head, M&A and strategic transactions at Novartis, will join the miner on Jan. 1, 2020. Sou... More »
OSLO (Reuters) – Norway’s $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund’s investments on ethical grounds were revoked, the board of the central bank said on Tuesday. The fund can also resu... More »
BEIJING (Reuters) – Rare earth exports by China, the world’s dominant producer, fell 16% in May from a month earlier amid an increased focus on the raw materials due to the Sino-U.S. trade war, although the drop was in line with usual trading. Exports by China... More »
SINGAPORE/BEIJING (Reuters) – China’s crude oil imports slipped 8% in May from an all-time peak hit the month before, customs data showed, as the world’s top importer of the commodity curbed shipments from Iran amid tightening U.S. sanctions on that country. C... More »
MEXICO CITY (Reuters) – Mexico’s president and the top U.S. business lobbying group called on President Donald Trump to back down from a threat to impose punitive tariffs on Mexican imports, in a dispute over migration that could shock Mexico’s economy. Trump ... More »
LONDON (Reuters) – Gold miners must focus on maximizing returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold’s chief executive said on Wednesday. “The industry is in decline and we have put ou... More »
JAKARTA (Reuters) – Indonesia’s economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum. Southeast Asia’s largest economy grew 5.07 percent i... More »
(Reuters) – A panel of three federal judges on Friday ruled that Ohio’s Republican-drawn congressional map is an unconstitutional partisan gerrymander and ordered the state to revamp it before the 2020 presidential election. The ruling comes a week after anoth... More »
NOVOVOLYNSK, Ukraine (Reuters) – Ukrainian police are investigating two companies and a factory over a coal deal which some anti-corruption campaigners say epitomizes the difficulties of doing business in the east European country. The sums involved in the dea... More »
(Reuters) – Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal. The company has named board member Callum Grant, an engineer by tra... More »
LUXEMBOURG (Reuters) – Russia, a leading producer of natural resources, plans to join Luxembourg in mining for minerals in outer space, Russian Deputy Prime Minister Tatyana Golikova said on Wednesday. Space mining has been the realm of science fiction, but a ... More »
HOLLYWOOD, Fla. (Reuters) – Long-time rivals Barrick Gold Corp and Newmont Mining Corp renewed their animosity on Monday with their chief executives trading insults after Barrick launched an $18 billion hostile bid for the U.S. company, presaging an aggressive... More »
CAPE TOWN (Reuters) – African nations with rich reserves of copper and cobalt needed for the shift to electric vehicles sense they have the upper hand in negotiations with mining companies that are struggling to secure better terms. Days of talks at the Mining... More »
RIYADH (Reuters) – The Saudi Arabian government will spend 100 billion riyals ($27 billion) in 2019 and 2020 as part of its industrial development program, Aabed Abdullah al-Saadoun, deputy minister of Energy, Industry and Mineral Resources said on Monday Sour... More »
BRASILIA (Reuters) – Brazilian President Jair Bolsonaro was set to undergo surgery on Monday morning to remove a colostomy tube and reconnect his intestines, reversing a procedure done after he survived a near-fatal stabbing on the campaign trail in September.... More »
(Reuters) – Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc in a deal worth $10 billion, creating the world’s biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal. The deal, the second high-profi... More »
KINSHASA (Reuters) – Opposition candidate Martin Fayulu is the clear favorite to win Democratic Republic of Congo’s long-delayed election on Sunday, a poll showed on Friday, though the outcome remains uncertain after voting was canceled in several opposition s... More »
MUMBAI/DELHI (Reuters) – Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a source famili... More »
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday rebuffed a challenge by three conservation groups to the authority of President Donald Trump’s administration to build a wall along the U.S.-Mexico border, a victory for Trump who has made the wall a cent... More »
LONDON (Reuters) – Glencore (GLEN.L) has appointed Peter Freyberg to the newly created role of head of industrial mining, the global trader and miner said on Monday, while its head of copper marketing Telis Mistakidis retires at the end of the year. The London... More »
(Reuters) – U.S. President Donald Trump said on Twitter on Sunday that it was looking more and more like his presidential campaign was illegally spied upon. Trump issued the tweet after saying that documents released about his former presidential campaign advi... More »
(Reuters) – Canadian miner Detour Gold and activist investor Paulson & Co entered into an increasingly heated public exchange on Wednesday over the hedge fund’s campaign to seek change at the company and a possible merger approach. Detour said it had asked the... More »
MOSCOW (Reuters) – Russian Prime Minister Dmitry Medvedev has signed a decision imposing extra duties of 25-40 percent on some imports from the United States in response to Washington’s tariff move, the Russian economy ministry said on Friday. The extra duties... More »
MEXICO CITY (Reuters) – Mexico’s new president Andres Manuel Lopez Obrador said he would pursue friend and foe alike in a crackdown on corruption after voters handed him a powerful mandate for government with a landslide election victory on Sunday. Lopez Obrad... More »
MEXICO CITY (Reuters) – Andres Manuel Lopez Obrador won Mexico’s presidency in a landslide victory on Sunday, setting the stage for the most left-wing government in the country’s democratic history at a time of tense relations with the Trump administration. Th... More »
LONDON (Reuters) – European shares opened lower on Monday as on-going worries about the U.S. trade policies and concerns about German Chancellor Angela Merkel’s coalition weighed on sentiment. The pan-European STOXX 600 was down about 1.2 percent by 0730 GMT i... More »
(Reuters) – A Missouri appeals court on Friday threw out a $55 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using talc-based products, including J&J’s baby powder, citing a U.S. Supreme court ... More »
MEXICO CITY (Reuters) – Mexican business leaders called out the government on Monday over a recent wave of criminal activity that has terrorized large swaths of Latin America’s second-largest economy and led some prominent firms to cut back operations. Two of ... More »
BAMAKO (Reuters) – Mali’s President Ibrahim Boubacar Keita announced on state TV on Monday that he would run for re-election in a poll scheduled for the end of July. Keita, 73, had been widely expected to run for a second term, but had not confirmed his intent... More »
(Reuters) – A trial for a lawsuit alleging that Johnson & Johnson Baby Powder was responsible for the death of a woman due to her exposure to cancer-causing asbestos began in South Carolina on Monday in the latest case against the healthcare conglomerate and a... More »
JOHANNESBURG (Reuters) – Mine operator Sibanye-Stillwater said on Friday that 10 of 13 miners trapped underground at its South African gold mine were rescued but four of the 10 have died from their injuries. The miners were trapped by at the company’s Masakhan... More »
DALIAN/MANILA (Reuters) – China plans to open more of its futures contracts to foreign investors, a senior official said on Friday, as Beijing launched its “internationalised” iron ore contract as part of a bid to boost its sway over pricing of major commodity... More »
JOHANNESBURG (Reuters) – South African gold producers agreed a 5 billion rand ($400 million) class action settlement on Thursday with law firms representing thousands of miners who contracted the fatal lung diseases silicosis and tuberculosis, officials said o... More »
NEW YORK (Reuters) – Former New York State Assembly Speaker Sheldon Silver is expected to go to trial on federal corruption charges for the second time on Monday, seven months after an appeals court threw out his earlier conviction and 12-year prison sentence.... More »
BEIJING (Reuters) – Growth in China’s vast manufacturing sector is expected to have eased slightly in April, as factory-gate prices stayed subdued in a possible sign of slowing domestic demand, while a simmering Sino-U.S. trade row heightened risks for the ind... More »
SAYANOGORSK, Russia (Reuters) – Workers at one of Russia’s biggest aluminum smelters say their Siberian town is doomed unless Moscow mitigates U.S. sanctions against aluminum giant Rusal, a predicament mirrored across the company’s sprawling operations. Trappe... More »
JOHANNESBURG (Reuters) – South African police on Monday raided the compound of former president Jacob Zuma’s allies the Guptas, who were accused two years ago in a report by a corruption watchdog of using their influence to gain control of state companies and ... More »
GUNSAN, South Korea (Reuters) – Workers at a rural South Korean factory are busy extracting some of the world’s most coveted metals, used in the batteries that power electric cars. But they’re not digging in the ground or refining ore. Instead, they are sortin... More »
BOAO/BEIJING, China (Reuters) – Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United Sta... More »
ADDIS ABABA (Reuters) – Ethiopia’s parliament swore in Abiye Ahmed as prime minister on Monday with a mandate to implement democratic reforms aimed partly at defusing ethnic tensions in the Oromiya province from which the former army lieutenant general hails. ... More »
MOSCOW (Reuters) – Russian billionaire Vladimir Potanin’s Interros Holding said it had completed the purchase from businessman Roman Abramovich of a 2 percent stake in Norilsk Nickel, which has been the subject of a legal battle. Abramovich struck a provisiona... More »
FILE PHOTO: Former gold miner Senzele Silewise, 81, talks to paralegals in Bizana in South Africa’s impoverished Eastern Cape province March 7, 2012. Silewise worked underground in the country’s gold mines for 44 years before being diagnosed with silicosis. RE... More »
A pump jack is seen at sunset near Midland, Texas, U.S., on May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder LONDON (Reuters) – U.S. shale oil output is set to surge over the next five years stealing market share from OPEC producers and moving t... More »
WASHINGTON (Reuters) – U.S. President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on steel and aluminum imports triggered threats of retaliation from trading partners and a slide in s... More »
FILE PHOTO: The Rio Tinto mining company’s logo is photographed at their annual general meeting in Sydney, Australia, May 4, 2017. REUTERS/Jason Reed/File Photo MELBOURNE (Reuters) – Australia’s corporate watchdog said on Friday it has launched court action ag... More »
FILE PHOTO: Canadian Foreign Minister Chrystia Freeland gives a speech during a joint news conference with Mexican Foreign Minister Luis Videgaray and U.S. Secretary of State Rex Tillerson in Mexico City, Mexico February 2, 2018. REUTERS/Henry Romero OTTAWA (R... More »
FILE PHOTO: South Africa’s Finance Minister Malusi Gigaba addresses a news conference in Pretoria, South Africa, April 4, 2017. REUTERS/James Oatway/File Photo JOHANNESBURG (Reuters) – South Africa’s Treasury is set to present its 2018 budget to parliament on ... More »
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo TORONTO/MELBOURNE (Reuters) – As shareholders push the world’s cash-rich miners to ... More »
Representation of the Bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – The Federal Communications Commission said on Thursday an investigation... More »
FILE PHOTO: An orangutan hold its baby at the Sepilok Orangutan Rehabilitation Center in the Malaysian state of Sabah on Borneo island on January 11, 2004. REUTERS/Bazuki Muhammad/File Photo WASHINGTON (Reuters) – Hunting by people and habitation destruction b... More »
FILE PHOTO – Workers of planemaker Airbus stand in front of the main entrance during a 24-hour strike of German Metal Workers Union IG Metall in Hamburg-Finkenwerder, Germany, February 2, 2018. REUTERS/Fabian Bimmer FRANKFURT (Reuters) – Industrial workers and... More »
FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo LONDON (Reuters) – Bitcoin fell 9 percent on Friday, leaving the best-known cryptocu... More »
BMW workers during a 24-hour strike by German industrial trade union IG Metall in Berlin, Germany, February 2, 2018. Placard reads “6% more, we find fair”. REUTERS/Christian Mang FRANKFURT (Reuters) – Car factories across Germany were at a standstill on Friday... More »
FILE PHOTO: Part of Tilwizembe, a former industrial copper-cobalt mine now occupied by artisanal miners, is seen outside Kolwezi, the capital city of Lualaba Province in the south of Democratic Republic of Congo, June 11, 2016. REUTERS/Aaron Ross/File Photo LO... More »
FILE PHOTO: A Atlas Copco company logo is pictured at the “Bauma” Trade Fair for Construction, Building Material and Mining Machines and Construction Vehicles and Equipment in Munich, southern Germany, April 11, 2016. REUTERS/Michael Dalder/File Photo STOCKHOL... More »
FILE PHOTO: A loader is seen amid coal piles at a port in Lianyungang, Jiangsu province, China January 25, 2018. REUTERS/Stringer BEIJING (Reuters) – Four of China’s top utilities have told the government some regions will face heating and electricity shortage... More »
FILE PHOTO: Workers lay bricks to build a wall around a construction site in Beijing, China, December 15, 2017. REUTERS/Thomas Peter/File Photo BEIJING (Reuters) – China’s economic growth is expected to have slowed slightly in the fourth quarter from the previ... More »
FILE PHOTO: A man collects recyclables from an alley as smoke billows from the chimney of a factory in rural Gaoyi county, known for its ceramics production, near Shijiazhuang, Hebei province, China December 7, 2017. REUTERS/Thomas Peter/File Photo BEIJING (Re... More »
FILE PHOTO – A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray/File Photo SYDNEY (Reuters) – Mining giant Rio Tinto Ltd said it plans to expand its fleet of autonomous ... More »
LONDON (Reuters) – Sudan’s president is wanted for crimes against humanity, the economy has lost much of its oil output and the government is in arrears with the IMF. And yet Osama Faisal’s target of boosting foreign investment tenfold is not quite as daunting... More »