Canada’s First Quantum Minerals (FQM) said on Friday that it would lay off 2 500 workers in Zambia over plans by Africa’s No.2 copper producer to hike mining taxes.
The southern African country plans to introduce new mining duties, replace value-adde…
First Quantum plans 2 500 layoffs in Zambia over tax hikes Read More »
Transnet hopes to re-open on Saturday one of two closed coal export lines linking mines to the Richards Bay export terminal after it was closed following a train derailment, the State-run freight company said on Friday.
A preliminary investigation int…
Train derailment investigation points to sabotage – Transnet Read More »
The death toll from an explosion at a Czech coal mine has risen to 13, CTK news agency reported on Friday, citing company sources.
The State-run OKD company said a methane blast more than 800 m underground devastated areas of the CSM hard-coal mine, n…
Czech coal mine blast toll rises to 13 – CTK news agency Read More »
Democratic Republic of Congo’s long-delayed presidential election is not likely to take place as planned on Sunday, after the election board told candidates it could not organise the ballot on time, three candidates said.
The election, already postpon…
Congo postpones Sunday’s Presidential vote – candidates Read More »
Democratic Republic of Congo’s election board has postponed a long-anticipated presidential vote scheduled for Sunday by one week until December 30 after a fire destroyed voting materials.
Already delayed repeatedly since 2016, the poll is meant to ch…
Congo Postpones Sunday’s presidential vote by a week Read More »
Democratic Republic of Congo’s election board has postponed a long-anticipated presidential vote scheduled for Sunday by one week until December 30 after a fire destroyed voting materials.
Already delayed repeatedly since 2016, the poll is meant to ch…
Congo postpones Sunday’s presidential vote by a week Read More »
The head of Mexico’s mining industry said the new government does not seek to implement drastic changes in the sector, cancel concessions or raise royalties that companies pay to extract minerals.
At the end of last month, shares of Mexico’s main mini…
Mexico plans no drastic changes to mining sector – official Read More »
A 200-wagon coal train derailed in South Africa on Thursday, shutting down the rail line that links mines to the Richards Bay export terminal, freight firm Transnet said.
The crew were unhurt in the incident in which 51 wagons derailed, the State-run …
South Africa coal train derails, export line shut – Transnet Read More »
Shares in Orocobre tumbled on Thursday, dragging on other lithium producers, after it said prices it received for its lithium carbonate sank sharply this quarter, and that it did not see prospects for a strong rebound early next year.
Orocobre will re…
Orocobre says lithium carbonate prices slump, does not see recovery soon Read More »
Chilean State miner Codelco has agreed to sell France’s Nexans, China’s Minmetals and US-based Southwire 50 000 t to 100 000 t of copper each from 2019 to 2021 in rolling deals known as "evergreens", sources close to the matter said.
The contr…
Codelco agrees 3-year ‘evergreen’ deals with clients in strategy overhaul Read More »
