Australia’s Metals X Ltd said on Friday it breached two financial covenants of a facility agreement with Citibank as it chose to go ahead with the development of the Renison tin mine in Tasmania.
The tin producer said cash flows will be hit by its dec…
Australia’s Metals X breaches loan covenants to focus on Tasmanian mine Read More »
Workers at Antofagasta Minerals’s Zaldivar copper mine in Chile have voted in favour of strike action after rejecting a pay offer, the mine’s union said on Friday.
The union said in a statement that 99% of its members had rejected a collective pay off…
Workers at Antofagasta’s Zaldivar copper mine in Chile vote to strike Read More »
Zambia’s copper production increased to 342 734 t in the first five months of this year, from 330 024 t in the same period of 2019, the ministry of mines said on Thursday. Copper production was projected to continue rising in the third and fourth quart…
Zambia copper production rises to 342 734 t in first five months of 2020 – govt Read More »
A group made up of activists and regional officials submitted on Friday a request for a judicial review of Indonesia’s mining law at the Constitutional Court, arguing there had been a failure of procedures before the law was approved by parliament in …
Indonesia group seeks judicial review over new mining law Read More »
Adani Enterprises’ Australian CEO, Lucas Dow, will step down, the company said on Friday, as sinking coal prices add to climate change pressure to stretch the development timeline of a coal project in Queensland state.
Dow, who joined the company in A…
Adani Australia chief to step down as coal prices tank Read More »
Aboriginal and human rights groups on Thursday called for miner Rio Tinto Ltd to be stripped of its status as a human rights leader following its destruction of an Aboriginal sacred site showing evidence of 46 000 years of human habitation.
With state…
Aboriginal groups call for Rio to lose human rights status after caves blast Read More »
Unions at Chile’s Codelco, the world’s largest copper producer, said on Wednesday that nearly 3 000 workers had been infected with the coronavirus, prompting renewed calls for more safety measures at the company’s sprawling operations.
Patricio Elguet…
Codelco unions say nearly 3 000 miners infected by coronavirus, call for enhanced safety Read More »
Australia’s Newcrest Mining has hired investment bank RBC Capital Markets to explore options for its 13.57% stake in gold and copper producer SolGold, two sources said, after it contested SolGold’s latest fundraising initiative.
The Ecuador-focused c…
Newcrest Mining to explore options for its stake in SolGold – sources Read More »
Six workers at Glencore’s Kamoto Copper Company (KCC) mine in Democratic Republic of Congo’s Lualaba province have tested positive for the coronavirus, KCC said on Tuesday. The copper and cobalt miner said none of the workers screened and tested presen…
Glencore copper mine in Congo says six workers have coronavirus Read More »
Australian-listed Prospect Resources said on Monday it had picked Renaissance Securities Capital as its exclusive financial advisor for the possible sale of shares in Zimbabwe’s Arcadia Lithium mine to Russian energy firm Uranium One.
Uranium One, a u…
Australia’s Prospect Resources picks advisor for sale of Zimbabwe lithium mine Read More »
