Congolese soldiers fired in the air on Monday as illegal miners protested outside a metallurgical plant on a copper and cobalt concession run by Glencore, a witness said. The protest near the Luilu plant follows the eviction last week of thousands of i…
Congolese army fires in the air during protest near Glencore plant Read More »
Chile’s economic activity rose 2.3% in May from the same month a year ago, the central bank said on Friday, as the top copper producer´s crucial mining sector continued to lag. The IMACEC economic activity index encompasses about 90% of the economy tal…
Chile mining sector continues to lag on growth Read More »
The International Seabed Authority (ISA) has rejected criticism from Greenpeace over its handling of ocean mining, fuelling a spat that threatens to overshadow talks this month by the UN body towards rules for deep sea mining. Mining international wate…
UN deep sea mining body rejects Greenpeace criticism Read More »
India has raised the import duties on gold and other precious metals to 12.5% from 10%, Finance Minister Nirmala Sitharaman said in her first federal budget speech on Friday, which may boost smuggling in the world’s second-biggest bullion consumer.
Sh…
India raises import duties on gold, other precious metals Read More »
Acacia Mining on Friday reported a 13% rise in gold reserves at the end of May for its Gokona mine in North Mara, Tanzania, adding weight to its view that majority shareholder Barrick Gold’s buyout proposal undervalued the miner. Acacia Mining last mon…
Acacia reports 13% rise in gold reserves for Tanzania mine Read More »
The Brazilian unit of steel group ArcelorMittal moved 30 families from their houses near its Serra Azul mine in the town of Itatiaiuçu, Minas Gerais state, as a precautionary action after it ran a new risk evaluation of a dam close to the mine. The com…
ArcelorMittal removes 30 families from area close to dam in Brazil Read More »
At least three companies including Glencore and Trimet Aluminium have expressed an interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands for up to $350-million, banking sources said. Rio Tinto restarted the sale process…
Rio Tinto’s Icelandic aluminium plant attracts Glencore, Trimet – sources Read More »
Glencore on Thursday confirmed Democratic Republic of Congo armed forces were in the area around a copper and cobalt mine run by the company, a week after a landslide there killed 43 miners. Congolese security forces began evicting illegal miners from …
Glencore confirms Congo security presence at mine Read More »
Zambia is planning a law to compel mining companies to give local suppliers a fair share of procurement, its mines minister said on Thursday, in the latest sign of the government taking an interventionist approach in its mining sector. Zambia is Africa…
Zambia plans law compelling miners to procure locally – Minister Read More »
Indigenous people in an Indian state must be protected from illegal mining and the pollution it causes, the country’s top court ruled, providing a "historic" victory to tribal groups fighting for better rights over land and natural resources.
…
India’s top court sides with indigenous people over illegal mining fallout Read More »
