Nigeria hopes changes it has made to gold mining regulation will earn the government $500-million a year in royalties and taxes and create 250 000 jobs, President Muhammadu Buhari said on Thursday. The reforms have made artisanal mining legal and will …
Nigeria hopes gold mining reforms can bring in $500m a year Read More »
Azerbaijan’s leading gold mining company, Anglo Asian Mining, kept its 2020 guidance on Thursday as it reported an 18.8% decline in first-half gold output to 27 922 ounces.
Anglo Asian produces gold at Gedabek and other Azeri mines in a joint venture …
Anglo Asian’s Azerbaijan H1 gold output down 18.8%, keeps outlook Read More »
Chile’s Antofagasta and unionised workers at its Zaldívar mine entered into mediation with the government on Wednesday in a last-ditch effort to stave off a strike amid a coronavirus outbreak in the South American nation.
Workers at the mine voted in …
US rare earths miner MP Materials said on Wednesday it would go public through a merger with a blank-check company backed by private equity firm Fortress Investment Group in a deal valued at $1.5-billion.
Hedge funds JHL Capital Group and QVT Financia…
Rare earths miner MP Materials to go public in $1.5bn SPAC deal Read More »
US rare earths miner MP Materials will go public in a $1.47-billion deal by merging with a private-equity backed blank-check company, underscoring Wall Street’s rising interest in efforts to boost production of the strategic minerals.
The listing on t…
US rare earths miner MP Materials to go public in $1.47bn deal Read More »
More than 200 000 Brazilian people and groups will next week kick off a five-billion-pound lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazil’s worst environmental disaster.
The group claim, one of the la…
BHP faces first step in $6.3bn UK claim over Brazil dam failure Read More »
Chile’s Candelaria copper mine, run by the Canadian firm Lundin Mining, on Tuesday rejected claims by the mine supervisors’ union that it is planning to lay off workers, saying the claim relates to the offer of an early retirement package for older wor…
Lundin defends early retirement package for Chile’s Candelaria workers Read More »
The Democratic Republic of Congo has given copper and cobalt mining companies a month to stop confining workers on site away from their families to stop the spread of coronavirus, the labour minister said in an open letter.
Workers have been told by m…
Congo gives mines month to release confined workers Read More »
Australia’s Whitehaven Coal Ltd posted a 29% jump in fourth-quarter coal production on Tuesday, beating estimates, even as it warned that pricing pressure was likely to continue as the Covid-19 pandemic dents industrial activity.
Whitehaven said in a …
Australia’s Whitehaven Coal beats quarterly output forecasts, shares jump Read More »
Chile’s State-owned Codelco, the world’s largest copper producer, has registered a total 3 215 Covid-19 infections and nine deaths owing to the pandemic, the chairman of the firm said on Monday, as pressure rises on production of the red metal.
Board …
Copper giant Codelco records 3 215 cases of Covid-19, nine fatalities Read More »
