Chilean State miner Codelco said on Friday heavy rains had forced suspension of operations at its northern copper mines Chuquicamata and Ministro Hales.
Codelco said it had sent its daytime shift of workers home as a preventative measure and would eva…
Codelco part-suspends operations amid heavy rain Read More »
Glencore’s Zambian unit Mopani Copper Mines said on Friday it had suspended operations at its Mindola north shaft after three workers were killed in a fire accident. Mopani is one the biggest mining companies in Zambia – Africa’s No. 2 producer of the …
Glencore’s Zambian unit suspends operations after three workers die in fire Read More »
Russian aluminium giant Rusal expects demand for aluminium to grow in 2019 and sees potential for prices to rise, it said on Friday, sending its Hong Kong-listed shares up 12% to a 10-month high.
Shares in Rusal, the world’s largest aluminium producer…
Shares in Russia’s Rusal jump 12% on upbeat aluminium demand outlook Read More »
Australian coal haulier Pacific National said on Thursday that one of its trains derailed near the Hunter Valley in New South Wales and that some services would be affected while repair work was carried out.
The Hunter Valley is Australia’s top therma…
Australia’s Pacific National says coal train derailed, services disrupted Read More »
Fourteen nongovernmental organisations (NGOs) including Amnesty and Global Witness have opposed plans by the London Metal Exchange to ban cobalt tainted by human rights abuses, a letter seen by Reuters showed. Cobalt is a key ingredient in the batterie…
Fourteen NGOs oppose LME plans to ban tainted cobalt Read More »
Brazil’s mining agency plans to ban upstream tailings dams used for storing mining waste, a director at the National Mining Agency (ANM) said on Thursday, after such a dam burst last month, likely killing at least 300 people.
Eduardo Leão, a director…
Brazil set to ban upstream tailings dams after collapse kills hundreds Read More »
President Nicolas Maduro blew through more than 40% of Venezuela’s gold reserves last year in a desperate bid to fund government programs and pay millions to bondholders.
The government sold a total of 73 t of gold to two firms in the United Arab Emi…
Maduro sold 40% of Venezuela’s gold last year amid cash crunch Read More »
Bolivia has chosen a Chinese consortium to be its strategic partner on new $2.3-billion lithium projects, the government said on Wednesday, giving China a potential foothold in the country’s huge untapped reserves of the prized electric battery metal.
…
Bolivia picks Chinese partner for $2.3bn lithium projects Read More »
Norwegian metals producer Norsk Hydro warned it will miss its 2019 savings targets after falling well short of fourth-quarter earnings expectations hit by restricted output in Brazil and higher costs.
Underlying operating profit fell 85% to 534-millio…
Norsk Hydro’s Q4 hit by restricted Brazil output, lowers dividend Read More »
Ethiopia will finalise reforms for its underdeveloped mining and oil sectors within the next two months as it seeks to encourage more foreign investors, its mines and petroleum minister said on Tuesday. The country has already cut taxes for mining comp…
Ethiopia finalising mining industry reforms – minister Read More »
