The European Union needs to transform its coal-mining regions into the source of minerals for clean technology, such as cobalt and rare earths, if it is to meet its climate goals and curb import reliance, a senior official said on Monday.
The European…
EU climate transition needs mineral miners, not coal miners Read More »
Kirkland Lake Gold, the Canadian mining company, was sued on Monday in US federal court for allegedly defrauding shareholders about its business plans before its C$4.1-billion purchase of Detour Gold caused its stock to tumble.
In a proposed class act…
Kirkland Lake Gold sued in US over Detour purchase Read More »
Petra Diamonds has put itself or parts of its business up for sale, the Africa-focused miner said on Friday, as part of a review the company began in March after being hammered by lacklustre demand and prices for the precious gem.
The company has been…
Miner Petra Diamonds puts up ‘for sale’ board Read More »
From a $15-million World Bank fund to an experimental gold-buying project in Burkina Faso, development agencies are delivering financial aid to subsistence miners the Covid-19 pandemic has impoverished. World market prices of gold – viewed by investors…
World agencies step in as pandemic poverty hits artisanal miners Read More »
Democratic Republic of Congo President Felix Tshisekedi won approval on Friday for his nominations to lead state mining company Gecamines, its chairman said, after they were held up by allies of Tshisekedi’s predecessor for over a year. The approval fr…
Congo president wins approval for nominees at state mining company Read More »
Cobalt prices are at ten-month lows due to sagging demand from the electric vehicle and aerospace sectors amid the Covid-19 pandemic and look likely to slide further as airlines defer maintenance.
Airlines such as Australia’s Qantas, Qatar Airways and…
Shrinking aerospace demand to keep pressure on cobalt prices Read More »
Global miner Anglo American has reached an agreement to buy 95 megawatts of wind power from Brazil’s Casa dos Ventos for 20 years, starting in 2022, according to a statement issued on Thursday.
Casa dos Ventos said its wind plant in the northeastern s…
Anglo American to buy wind power energy from Brazil’s Casa dos Ventos Read More »
Brazilian miner Vale has signed an agreement on monitoring for possible coronavirus cases at its Itabira complex, a major iron ore production facility temporarily shuttered earlier this month out of health concerns, authorities said on Thursday.
A num…
Vale signs deal with authorities on Covid-19 monitoring at Itabira mines Read More »
Chilean copper miner Codelco said on Thursday it was suspending refinery and foundry operations at its sprawling Chuquicamata division to prevent further spread of the new coronavirus.
The world’s biggest copper miner said in a statement that the mea…
Codelco halts Chuquicamata smelter and refinery amid coronavirus Read More »
Chile’s environmental regulator on Thursday said it had filed charges against State mining company Codelco over a 2016 tailings spill and river and estuary contamination at its Andina mine in a mountainous region near the capital Santiago.
The Environ…
Chile’s environmental watchdog hits Codelco with mining waste pollution claims Read More »
