Zambian President Edgar Lungu will not meet the chairman of Vedanta Resources to discuss the disputed liquidation of its Konkola Copper Mines (KCM) on his visit to India this week, a statement from the Zambian State House said on Tuesday. Mumbai-listed…
Zambia says no meeting planned with Vedanta over Konkola mine Read More »
Canadian miner Iamgold Corp has dismissed 325 contractors from its Rosebel gold mine in Suriname while it works to restore security after a clash between illegal miners and police, a company spokeswoman said on Tuesday.
The mining industry is grapplin…
Iamgold lays off 325 Suriname contractors after illegal miner’s death Read More »
The global palladium market will remain in structural deficit this year, Russia’s Norilsk Nickel (Nornickel) said on Tuesday as it reported an 81% leap in first-half net profit.
Nornickel, the world’s largest palladium producer, said that first-half n…
Palladium deficit to widen, Nornickel says as net profit jumps 81% Read More »
The head of the world’s biggest miner BHP said he will "stick up for globalisation" and is more worried about the damage trade tensions are inflicting on the world economy than their impact on demand for the commodities BHP produces.
BHP on Tu…
BHP chief to ‘stick up for globalisation’ as trade tensions bite Read More »
Vedanta Resources will meet Zambian President Edgar Lungu and his team on their visit to India this week for further discussion on its disputed Konkola Copper Mines (KCM) asset, the Mumbai-listed company said on Tuesday. Vedanta has been locked in a di…
Vedanta and Zambian President Lungu to discuss KCM in India Read More »
Germany’s TÜV SÜD has pulled out of conducting safety assessments of dams after the collapse of a Brazilian dam it had vetted killed almost 250 people in January, the industrial inspection firm’s chief executive told Reuters. The collapse of the tailin…
TÜV SÜD pulls out of dam safety checks after Brazil disaster Read More »
Papua New Guinea (PNG) wants to retain at least 30% of the gold it currently exports as it transforms its economy under a new government leadership, the country’s commerce minister said on Monday.
PNG was the world’s 14th largest gold producer in 2018…
PNG aims to retain 30% of exported gold, may change currency pegs Read More »
China’s Ganfeng Lithium said on Sunday it had completed a $160-million deal to raise its stake in the Cauchari-Olaroz lithium brine project in Argentina to 50%.
Ganfeng, based in southeastern China’s Jiangxi province, is one of the world’s biggest pro…
China’s Ganfeng closes deal to raise stake in Argentina lithium project Read More »
Papua New Guinea plans to take a larger share of the Porgera gold mine as part of lease-renewal talks, diluting the ownership of joint venture partners Barrick Gold and Zijin Mining, the country’s Commerce Minister told Reuters on Monday.
Porgera, loc…
PNG wants bigger share of giant Porgera gold mine Read More »
China’s biggest cobalt refiner Zhejiang Huayou Cobalt said on Thursday its overseas unit is pulling out of a deal to invest $66.3-million in a cobalt mine in the Democratic Republic of Congo (DRC) after prices of the metal slid. Huayou International Mi…
China’s Huayou pulls out of Congo cobalt mine investment after price slump Read More »
