Morocco’s leading mining firm Managem said on Tuesday it increased its stake in the Tri-K gold project in eastern Guinea Conakry to 85% after acquiring a 30% stake held by its partner Avocet Mining for $21-million. The acquisition is in line with the g…
Morocco’s Managem increases stake in Guinea’s Tri-K gold project to 85% Read More »
Congo’s military has deployed hundreds of soldiers to protect a major copper and cobalt mine owned by China Molybdenum from illegal miners, an army spokesperson said on Wednesday. The Tenke Fungurume mine is one of the largest in Democratic Republic of…
Congo deploys army to protect China Moly’s copper mine from illegal miners Read More »
Malaysia’s energy and environment minister has delayed a visit to Australia to discuss rare earth miner Lynas Corp’s storage of radioactive waste in the Southeast Asian nation, according to a ministry spokeswoman.
The trip, initially scheduled for thi…
Malaysia postpones meeting with Australia on Lynas waste Read More »
Brazilian miner Vale is considering building a new railway and port in the Para state for the potential expansion of its Carajas Serra Sul mine, the company said in a presentation to investors published on Tuesday.
The new railway would stretch for 40…
Vale says mulls new railway, port for Carajas expansion Read More »
Chilean miner Codelco has presented a sweetened contract offer to workers in a bid to end a five-day strike at its key Chuquicamata copper mine, two people with direct knowledge of the negotiations told Reuters on Tuesday.
Striking miners and police c…
Chile’s Codelco sweetens contract offer in bid to end mine strike – sources Read More »
President Cyril Ramaphosa will announce more measures to support cash-strapped power utility Eskom, his office said on Tuesday, without providing details. "It is expected that the President will announce further measures to support Eskom’s efforts …
Ramaphosa to announce more support for Eskom Read More »
Poland’s government proposed draft regulations on Tuesday that would allow big electricity consumers to receive compensation for surging power bills.
Wholesale power prices in Poland, which generates most of its energy from coal, jumped in the autumn …
Poland to offer some relief to biggest power consumers Read More »
Zambia’s Mopani Copper Mines (MCM) has shut down its Mufulira smelter for major refurbishment, the Glencore-owned company said on Monday. "The majority of the programme is expected to last until the end of the year and will result in a total shutdo…
Zambia’s Mopani Copper Mines shuts down smelter Read More »
The London Metal Exchange’s (LME’s) three-month trial of switching to electronic closing prices for one of its benchmark base metal contracts has failed to lift volumes, industry sources said, lending further support to traditional open outcry trading….
LME electronic pricing trial fails to boost volumes – sources Read More »
Switzerland’s Metalor, one of the world’s biggest gold refineries, said on Monday it would work only with gold from large industrial mines in order to reduce the risk of illegality in its supply chain. Informal methods of gold production, known as "…
Swiss refiner Metalor to stop processing artisanal gold Read More »
