Mining companies operating in Zambia have failed to show how higher taxes introduced this year will affect their profitability despite objecting to the new framework, a senior government official said on Thursday.
The country, Africa’s second-largest …
Zambia says mines have failed to show impact of higher taxes Read More »
ndia’s Supreme Court on Thursday ordered the government to list the steps it plans for the rescue of at least 15 miners trapped in a so-called "rat-hole" coal mine for three weeks in a remote hilly state, warning that "every second counts&#…
India’s top court says “every second counts” for miners trapped for 3 weeks Read More »
Detour Gold said on Thursday it has picked Paulson & Co-backed nominee Bill Williams to be its interim CEO, replacing Michael Kenyon.
The Canadian gold miner was previously involved in a months-long proxy fight with billionaire John Paulson’s hedg…
Detour Gold names Paulson-backed Bill Williams as interim CEO Read More »
Brazilian officials on Thursday predicted a quick resolution to a dispute with Petroleo Brasileiro SA over offshore oil blocks and doubled down on pledges to steer the state-run firm toward its core businesses like oil exploration.
At the swearing-in …
Petrobras to focus on core business, spat with govt to be resolved soon -officials Read More »
Mining companies operating in Zambia have failed to show how higher taxes introduced this year will affect their profitability despite objecting to the new framework, a senior government official said on Thursday. The country, Africa’s second-largest c…
Zambia says mines have failed to show impact of higher taxes Read More »
The new Barrick Gold Corp is considering options for its stake in Acacia Mining PLC including possible sale, as Barrick works to end a nearly two-year-long tax dispute in Tanzania that has effectively shuttered operations there, CEO Mark Bristow said o…
New Barrick eyes several options to end Tanzania tax dispute -CEO Read More »
Australian miner Galaxy Resources Ltd said on Monday it has received several offers from potential partners for its flagship Sal de Vida project in Argentina.
Galaxy said in a statement that it will only proceed with a strategic partner "if the fi…
Galaxy Resources receives partnership offers for flagship Argentinian project Read More »
Chinese gold miner Zijin Mining Group Co Ltd said it plans to sell up to 8-billion yuan ($1.16-billion) worth of new shares in Shanghai to help fund its purchase of Canada’s Nevsun Resources Ltd .
Zijin aims to sell up to 3.4-billion A shares to inves…
Zijin Mining plans to sell $1.2bn A-shares to fund Nevsun purchase Read More »
The board of Brazilian mining company Vale SA has approved an additional two-year term for CEO Fabio Schvartsman, the company said on Friday, as it seeks to extend his successful tenure as head of the world’s largest iron ore exporter.
Schvartsman, ap…
Board of Brazil’s Vale gives CEO Schvartsman another term Read More »
A court has found that a strike by a union representing just under half of all workers at Sibanye-Stillwater’s South African gold operations is legal, despite the company declaring otherwise last week.
South Africa’s Association of Mineworkers and Con…
AMCU strike at Sibanye-Stillwater legal – court Read More »
