Russian State-controlled diamond producer Alrosa said on Friday its 2018 net profit rose 15% to 90.4 billion roubles, as a fall in sales volume was offset by stronger global prices.
Though sales volume fell by 8% year-on-year, stronger pricing, partic…
Russian diamond firm Alrosa 2018 net profit up 15% Read More »
The European Bank for Reconstruction and Development (EBRD) has arranged a €46-million financing package to replace a highly polluting coal-fired plant in the central Bosnian town of Zenica, the bank said on Friday.
The new combined gas-fired cogenera…
BRD arranges €46m loan to replace coal-fired plant in Bosnia Read More »
Polish mining company KGHM does not plan to sell its Sierra Gorda copper mining project in Chile, its CEO said on Friday.
Marcin Chludzinski also said State-controlled KGHM, one of the world’s biggest copper miners, does not currently see any further …
KGHM does not plan to sell Sierra Gorda mine – CEO Read More »
Botswana’s Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country’s government, aims to keep production at around 24-million carats this year, its managing director said on Friday. Debswana lifted diamond output by 6 …
Botswana’s Debswana targets diamond output of 24m carats in 2019 Read More »
The labour court has rejected a request by platinum and gold sector union, the Association of Mineworkers and Construction (AMCU), to hold an industry-wide strike, a spokesperson for mining firm Anglogold Ashanti said on Friday. AMCU has been on strike…
South African court blocks mine union AMCU plans for industry-wide strike Read More »
The labour court has rejected a request by platinum and gold sector union, the Association of Mineworkers and Construction (AMCU), to hold an industry-wide strike, Anglogold Ashanti, Anglo American Platinum (Amplats) and Lonmin said on Friday. AMCU has…
South African court blocks AMCU’s plans for industry-wide strike Read More »
Chilean lithium miner SQM on Thursday received environmental approval to expand its lithium carbonate production plant, the local environmental regulator told Reuters, marking a milestone as the company seeks to boost output of the coveted ultralight …
SQM receives Chile’s approval for lithium plant expansion Read More »
Advantage Lithium said on Thursday it has temporarily replaced CEO David Sidoo after he was arrested last week by US. authorities as part of a sweeping college admissions scheme.
The company, which is developing a lithium project in Argentina, has nam…
Advantage Lithium replaces CEO in wake of college admissions scandal Read More »
Vedanta Zinc International, a unit of diversified miner Vedanta Resources, said on Thursday it would close its Skorpion Zinc Refinery in Namibia for five weeks after a strike by its mining contractor depleted stocks. "During the strike period, the …
Vedanta to shut Namibian zinc refinery for five weeks Read More »
A Paris court has dismissed a $2.2-billion claim against Burkina Faso lodged by Pan African Minerals Group over control of one of the world’s largest manganese mines, Burkina’s government said on Thursday. Romanian-Australian tycoon Frank Timis’ Pan Af…
Burkina Faso says Paris court dismissed $2.2bn claim over manganese mine contract Read More »
