Azerbaijan’s leading gold mining company, Anglo Asian Mining, said on Wednesday its gold output rose 5% in the first quarter of 2019 to 17 245 oz.
London-listed Anglo Asian produces gold at Gedabek and other Azeri mines in a joint venture with the Aze…
Anglo Asian’s Azerbaijan gold output rises 5% Read More »
Nearly 2 000 Zambian villagers have the right to sue mining company Vedanta in the English courts, London’s Supreme Court said on Wednesday, raising the prospect other companies could face legal action in England related to their activities abroad. Ind…
Nearly 2 000 Zambian villagers can sue Vedanta in English courts – Supreme Court Read More »
Wollongong Coal Ltd said on Wednesday it was suspending its last operational mine after putting its Wongawilli colliery under "care and maintenance," likely increasing the financial challenges the company faces.
Wollongong made the decision to…
Australia’s Wollongong Coal shuts down last operating mine Read More »
Rare earths miner Lynas Corp said on Wednesday its board had concluded it would not engage with conglomerate Wesfarmers, stating its takeover offer undervalues the company’s intellectual property.
"Lynas has developed significant intellectual prop…
Australia’s Lynas Corp says Wesfarmers bid undervalues its IP, rejects offer Read More »
Freeport-McMoRan plans no dividend raises, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia’s Grasberg copper and gold mine underground, its chief executive said in an interview on Tuesday.
"For two years,…
Freeport plans no dividend hikes, M&A for 2 years to focus on Grasberg -CEO Read More »
Freeport-McMoRan plans no dividend raises, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia’s Grasberg copper and gold mine underground, its chief executive said in an interview on Tuesday.
"For two years,…
Freeport plans no dividend hikes, M&A for 2 years to focus on Grasberg – CEO Read More »
Chilean miner Antofagasta will retain its dividend policy of paying out at least 35% of underlying net earnings but will pay out excess funds from the proceeds of sales to shareholders, its chief executive said.
"If you look at the last three or f…
Antofagasta to stay put on dividend policy but will return cash to shareholders Read More »
Chilean miner Collahuasi this year expects to match its 2018 production of copper, an all-time high for the company, its top executive said on Tuesday.
Collahuasi, majority owned by Anglo American and Glencore, is a copper mine located in northern Ch…
Collahuasi copper mine expects to match 2018 record output this year -CEO Read More »
Rio Tinto said on Tuesday it will join a World Bank initiative intended to help developing countries sustainably mine lithium, cobalt and other minerals critical to the global electrification trend.
Rio’s participation in the program, known as Climate…
Rio Tinto to join World Bank’s green mining programme Read More »
MMG Ltd said on Monday its Las Bambas mine in Peru is expected to restore normal mining, production and transport operations after an indigenous village agreed to end a two-month blockade of the company’s copper mine.
The indigenous village agreed to …
MMG says Peru copper mine to restore operations as blockade ends Read More »
