London-listed miner Vast Resources is to be allowed into Zimbabwe’s diamond fields, Mining Minister Winston Chitando said on Thursday, joining other new entrants including Russia’s Alrosa. Zimbabwe is stepping up efforts to exploit its mineral resource…
Vast Resources set to mine Zimbabwe diamond territory – Minister Read More »
At least 23 illegal miners are trapped and feared dead in Zimbabwe after shafts and underground tunnels they were working in were flooded by water from a burst dam, a state-owned daily newspaper reported on Thursday. The southern African nation has bee…
At least 23 illegal Zimbabwean gold miners feared dead after shafts flooded Read More »
Australia’s Queensland Rail said on Thursday that it expects a rail track hit by flooding this month that has disrupted zinc shipments from major producers like Glencore to be repaired within the next six months.
The 1 000 km (620 mile) rail line is u…
Australia’s Queensland Rail says expects to repair flooded track within 6 months Read More »
The owner of one of the world’s most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand. Petra Diamonds bought …
Famed Cullinan mine banks on big diamonds to drive down debt Read More »
Norway’s government approved on Thursday the building of a copper mine near Europe’s northernmost point despite years of opposition from indigenous Sami herders and fishermen.
"The mining project will strengthen the industrial base in the north,&…
Norway gives go-ahead to disputed Arctic copper mine Read More »
Colombia’s coal production and exports are likely to remain steady this year, companies said on Wednesday, amid predictions international prices for the fuel will fall in 2019.
The Andean nation is the world’s fifth-largest exporter of coal.
Colombia coal output likely to hold steady in 2019, companies say Read More »
Peru’s environmental regulator OEFA has concluded that mining waste from Southern Copper Corp’s Cuajone unit did not spill into the environment during heavy rains last week.
OEFA said in a statement late Tuesday that it was still supervising operation…
Peru agency rules out tailings spill at Southern Copper mine Read More »
A deficit in the palladium market that has driven prices of the autocatalyst metal to record highs will widen dramatically this year, specialist materials company Johnson Matthey said in a report on Wednesday. The company, a leading autocatalyst manufa…
Palladium supply shortfall will worsen this year – Johnson Matthey Read More »
Floods in Australia’s Queensland state are set to disrupt the rail delivery of zinc exports to the northern port of Townsville, with the line likely to be out of action for at least a month, analysts said on Wednesday.
The 1 000 km (620 mile) rail lin…
Australia flooding to disrupt lead, zinc concentrate rail shipments Read More »
Canada’s Teck Resources, the world’s second-biggest exporter of steel-making coal, posted a lower-than-expected quarterly profit on Wednesday, hurt by weak prices for heavy crude and base metals.
Transportation bottlenecks in the country have pushed p…
Teck misses profit estimates on lower oil, metal prices Read More »
