Barrick Gold’s proposal to take full control of its Acacia Mining Plc unit to resolve a long-standing tax dispute with Tanzania has drawn the ire of Acacia’s minority shareholders, who may have the ultimate vote on a deal. Barrick’s offer values Acacia…
Barrick’s buyout offer for Acacia unit irks minority shareholders Read More »
Zimbabwe has awarded a concession to explore for and mine platinum to a company linked to a Nigerian billionaire as the country speeds up investment in a mining sector it hopes will transform the country’s struggling economy. The concession comes just …
Zimbabwe awards platinum concession to firm linked to Nigerian billionaire Read More »
Gold miners must focus on maximising returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold’s chief executive said on Wednesday.
"The industry is in decline and we have put ourselve…
Gold miners must focus on returns, mergers to attract investment – Barrick CEO Read More »
Gold miners must focus on maximising returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold’s chief executive said on Wednesday.
"The industry is in decline and we have put ourselve…
Gold miners must focus on returns, mergers to attract investment – Barrick CEO Read More »
Zimbabwe’s mining sector was subdued in the first quarter due to a severe dollar crunch that affected production, with gold the most hit, the mining chamber said, adding some bullion miners had experienced recently introduced power cuts. Mining generat…
Zimbabwe mine output subdued in first quarter as dollar crunch bites Read More »
Tanzania will start cancelling inactive mining exploration licences and distribute the acreage to artisanal miners who are able to immediately commence activity in the area, a minister said on Tuesday. Deputy minister for minerals, Stanslaus Nyongo, to…
Tanzania says to start cancelling inactive mining licences Read More »
The indigenous community of Fuerabamba in Peru decided to impose a new road blockade on MMG’s Las Bambas copper mine after talks with the company over compensation broke down, a representative of the ombudsman’s office said on Tuesday.
The community p…
Villagers in Peru decide to impose new road blockade on Las Bambas mine-ombudsman Read More »
Zambia’s High Court on Tuesday appointed a legal firm as a provisional liquidator of Vedanta-controlled Konkola Copper Mines (KCM), according to a court document seen by Reuters. The document named Zambian law firm Lungu Simwanza & Company to overs…
Zambian court appoints provisional liquidator of Vedanta’s KCM Read More »
Fresnillo said on Tuesday the current year would be more challenging than 2018 as a number of industry variables were "working against" the precious metals miner.
The company, which posted a 15% drop in first-quarter silver production last mon…
Fresnillo warns of ‘more challenging’ 2019 Read More »
Brazil’s iron-ore exports rose sharply in the first half of May, data showed on Monday, recovering from a more than seven-year low in April, as higher prices encouraged sellers to close more deals internationally.
Until May 17, Brazil exported 16.2-mi…
Brazil iron-ore exports in rise in first half of May amid higher prices Read More »
