Brazil’s mining minister on Tuesday defended iron-ore miner Vale as vital to the country’s economy, even after prosecutors accused the company of pressuring auditors to suppress evidence that its Brumadinho dam was unstable, months before the dam colla…
Brazil Minister calls Vale ‘important’ even as prosecutors probe miner Read More »
Zimbabwe on Tuesday allowed mining companies and other businesses to import their own fuel following shortages that have gripped the economy in the last six months due to a severe dollar crunch, a cabinet minister said. Supplies of fuel in the southern…
Zimbabwe allows mines, others to import own fuel as shortages bite Read More »
Centerra Gold is likely to reinstate its dividend after it closes a deal with Kyrgyzstan to resolve a longstanding dispute over the Kumtor gold m ne, its chief executive said in an interview.
The company expects the agreement, which it reached in Sept…
Centerra Gold mulls dividend after close of Kumtor deal Read More »
Barrick Gold ‘s top shareholder said on Tuesday the miner should focus on striking a joint venture deal in Nevada with rival Newmont Mining before considering a full-blown merger.
"My preference is a joint venture," Joe Foster of the Van Eck I…
Top Barrick shareholder urges joint venture in Nevada with Newmont Read More »
Barrick Gold ‘s top shareholder said on Tuesday the miner should focus on striking a joint venture deal in Nevada with rival Newmont Mining before considering a full-blown merger.
"My preference is a joint venture," Joe Foster of the Van Eck I…
Barrick shareholder urges joint venture in Nevada with Newmont Read More »
Shortages for a fourth year running and historically low stocks of zinc are likely to propel prices of the metal to $3,000 a tonne over coming months, while an end to the US-China trade dispute could spur even more gains.
Benchmark zinc on the London…
Shortages, shrinking stocks to energise zinc bulls Read More »
Brazilian iron-ore miner Vale fired an inspection firm because the company refused to certify one of its dams as safe, months before the barrier collapsed and killed hundreds, prosecutors said in a document filed this week, as they explained why they w…
Vale fired inspection firm that failed to certify dam -prosecutors Read More »
With the global race to secure lithium heating up in 2016, Chile’s President Michelle Bachelet wanted to be sure her country seized the moment. Home to half the world’s lithium reserves, Chile tapping its state-run miner Codelco to ramp up production s…
Codelco’s lithium push fades in favour of copper Read More »
ArcelorMittal will halt production at its Bosnian mines, with "far-reaching consequences" for employees and earnings at its ArcelorMittal Prijedor unit, after a transportation deal with a regional railway company collapsed, it said on Friday.
…
ArcelorMittal halts output at Bosnia mine after railway deal fails Read More »
Consolidation among smaller gold miners is expected to be top of mind as much of the industry meets in Toronto this week, with dealmakers cautiously optimistic a fresh wave of buyouts is imminent once major pending transactions are settled.
Barrick Go…
Global miners flock to Toronto as buyout buzz spreads Read More »
