The world’s three largest platinum producers are meeting with union officials to try to end South Africa’s longest mining strike after talks yesterday following an increased pay offer failed to break the three-month deadlock.
A week before Barrick Gold Corp. Chairman Peter Munk retires, his successor John Thornton is emerging as a dealmaker as the former Goldman Sachs Group Inc. banker pursues a bid to combine the two biggest gold miners.
The world’s biggest copper miners are urging Chile not to squander its mineral potential amid mounting environmental opposition, power shortages and rising labor costs and taxes in Latin America’s wealthiest economy.
Palladium advanced to the highest in more than two years as the U.S. threatened more sanctions against Russia, the world’s largest supplier of the metal used in pollution-control devices for cars. Gold fell.