Abuse of Zambian workers is widespread in mines owned by Chinese companies, according to a new report from Human Rights Watch.
The largest U.S. industrial labor union is suggesting publicly that Freeport-McMoRan Copper & Gold Inc., a top global gold producer, is violating the law by bribing police in Indonesia.
Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6 to 1 percent.
Gold traded lower on Tuesday, under pressure from a stronger dollar, but a surprisingly weak read of U.S. factory activity enabled the euro to claw back some gains, thereby helping the bullion price pare earlier losses.
Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts, saying it cannot do so without the permission of firms involved, according to a letter from Gecamines published on the ministry website.
Zambia's central bank slashed its reserve ratios on Tuesday to cut the cost of borrowing for commercial banks and consumers in a bid to stimulate economic growth in Africa's biggest copper producer.
Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts, saying it cannot do so without the permission of firms involved, according to a letter from Gecamines published on the ministry website.
Stocks tumbled more than 2 percent on Tuesday after a proposed Greek referendum threatened to upend a European bailout plan to contain the sovereign debt crisis.
Freeport-McMoRan Copper & Gold Inc said on Tuesday that production and processing rates at its strike-hit Grasberg nine in Indonesia have fallen below levels needed to meet fourth-quarter sales targets.
Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.
Freeport Indonesia will take a month to fix its main sabotage-hit pipeline to take concentrate from the world's second-biggest copper mine to its port, where there are no stockpiles left for shipping.
Researchers found dangerous levels of metals - iron, magnesium, copper, zinc, cadmium, chromium, nickel and lead - across Accra removed from the Agbogbloshie scrap yard where residents burn away plastic to extract metals.
Stocks fell more than 1 percent on Monday as enthusiasm over the agreement to tackle the Eurozone debt crisis waned and a spike in the U.S. dollar hurt commodity-related shares.
Stocks fell at the open on Monday as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.
Stocks fell at the open on Monday as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.
Stock index futures fell in lackluster volume on Monday, following four weeks of equities gains, as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.
