France to Invest Funds for Securing Minerals Supply

France has announced the launch of a preparatory framework for the establishment of an investment fund that focuses to develop its mining industry. The French newspaper, le Figaro has reported that the time aim of the fund will be to secure the strategic supply of metals and minerals of the count...

ELEVEN WORKERS RESCUED FROM 22 TRAPPED IN A CHINESE GOLD MINE

• Eleven workers confined for two weeks by an explosion inside a Chinese gold mine were hauled back to safety on Sunday.
• State broadcaster CCTV showed workers being lifted up one-after the other in baskets on Sunday afternoon, their eyes protected to shield them from sunlight aft...

22 MINERS TRAPPED IN CHINESE GOLDMINE FOR 3RD DAY EVEN AS PROCASTINATING MANAGERS ARRESTED

• Authorities have arrested managers at a gold mine in eastern China.
• 22 workers working in the mine have been confined underground following an explosion Sunday.

The condition of the workers trapped, now for more than three days remains uncertain.

Man...

U.S. INDUSTRIAL PRODUCTION GROWTH WEAKENS AGAIN, SURGES 0.4 PERCENT IN AUGUST

Highlights

• The industrial production growth rate went up by 6.1 percent month of June and by 3.5 percent in July

• Despite gains over the summer, industrial production stays 7.3 percent where it was pre-COVID

After bouncing back strongly in the months of ...