Russian gold and silver producer Polyus has received a further 5% stake in the giant Sukhoi Log gold deposit from its project partner Rostec in return for a 0.28% stake in Polyus shares, Polyus said late on Monday.
The deal raises Polyus’ stake in Suk…
Polyus gets extra 5% stake in Sukhoi Log gold deposit Read More »
The town of Mangaratiba, in Brazil’s Rio de Janeiro state, fined miner Vale and closed its iron ore port terminal on Monday, citing pollution problems and the alleged lack of an operating license.
The city’s environment department fined Vale for 30-mi…
Brazilian town fines Vale, closes port terminal in Rio de Janeiro state Read More »
Production at Chinese miner MMG Ltd’s Las Bambas copper deposit in Peru could fall "in the near term" due to a month-long road blockade by a community that was relocated to build the mine, the company said on Monday.
MMG, controlled by state-o…
MMG says output at Peru copper mine could fall due to road blockade Read More »
Russian gold and silver producer Polymetal increased its ore reserves by 15% last year to 24-million ounces of gold equivalent, the company said on Monday.
Gold reserves rose 21% to 22.3-million ounces, while silver reserves fell 15% to 135-million ou…
Polymetal says its ore, gold reserves rose in 2018 Read More »
Gold research firm Shareholders’ Gold Council (SGC) on Monday criticised Goldcorp’s decision to approve an additional payment for chairperson Ian Telfer with regard to its proposed merger with Newmont Mining.
According to a Goldcorp circular cited by …
Research firm criticises Goldcorp chair payment over Newmont deal Read More »
The government of Brazil’s right-wing President Jair Bolsonaro is preparing an overhaul of mining sector regulations that will include opening up indigenous reserves to mining, the country’s mines and energy minister said.
Mining in indigenous reserve…
Brazil aims to open indigenous reserves to mining – Minister Read More »
Brazilian mining company Vale said on Friday it has formally removed some executives from their positions after a request by Brazilian prosecutors investigating a dam burst that killed hundreds of people.
Vale did not identify the executives or say wh…
Vale removes executives after request by dam burst prosecutors Read More »
Global trader and miner Glencore has struck a deal with its Canadian subsidiary Noranda Income Fund on the terms of zinc treatment charges for the coming year, but did not disclose the fees, the fund said on Friday.
Noranda, whose operations include a…
Glencore signs annual zinc treatment charges deal with Canada’s Noranda Read More »
Rio Tinto is in talks to move into the next phase of an agreement with Apple, CEO Jean-Sebastien Jacques said on Friday, as the miner looks to transition its aluminium business to tap a low-carbon economy.
Last May, Rio and Alcoa announced a joint ven…
Rio Tinto talking to Apple on next step of carbon-free aluminium project Read More »
hina’s Tianqi Lithium plans to appoint three members to the board of Chilean miner SQM who will be "fair" and "responsible toward shareholders", Tianqi chairperson Jiang Weiping said on Friday.
Tianqi’s $4.1-billion purchase of a 23.77…
Tianqi Lithium to name ‘fair, responsible’ directors for SQM board Read More »
