Saudi Arabia’s cabinet on Tuesday approved a new mining law that aims to accelerate foreign investment in the sector as part of efforts to diversify its economy away from hydrocarbons.
The new law facilitates investor access to financing and supports …
Saudi Arabia aims to boost investment with new mining law Read More »
Kazakhstan has put off until 2021 to 2023 the planned listings of large state-owned companies, including oil and gas champion KazMunayGaz, the Central Asian nation’s government said on Wednesday.
The list of companies whose initial public offerings wi…
Kazakhstan delays planned listings of large State companies Read More »
German minerals miner K+S aims to agree a sale of its salt business in the Americas by the end of 2020, CEO Burkhard Lohr said on Wednesday.
The world’s largest salt producer had said in mid-March that it would sell the business, which accounts for mo…
K+S to strike sale deal for Americas salt business this year Read More »
Guinea on Tuesday signed an agreement with a consortium for the development of its giant Simandou iron-ore reserve, another step towards the realisation of a project which it hopes will bring a $15-billion windfall over the 25-year lifespan.
The deal …
Guinea signs Simandou iron deal with SMB-Winning consortium Read More »
An Australian indigenous group has suspended Rio Tinto from its reconciliation plan after world’s biggest iron ore miner blasted two ancient sacred caves as part of a mine expansion.
Reconciliation Australia, the lead body for promoting better ties b…
Rio Tinto loses Australian indigenous backing after blasting sacred caves Read More »
Copper production in Chile’s top mines rose in April despite the generalised shutdown in the country aimed at halting the spread of the new coronavirus.
Chilean copper commission Cochilco said state miner Codelco, the world’s top copper producer, saw …
Chile’s biggest copper mines’ output rises despite coronavirus – Cochilco Read More »
China’s Zijin Mining Group said on Sunday it would pay 3.88-billion yuan ($548-million) to acquire a majority stake in a mining firm with rights to two copper deposits in Tibet.
Best known as a gold miner, Fujian-based Zijin will pay cash for the 50….
Zijin takes control of Tibet copper miner for $548m Read More »
Chinese iron-ore futures surged on Monday, marking the biggest intraday percentage gain since July 2019, as supply concerns deepened after the country’s second-biggest iron-ore supplier Brazil shut down a Vale complex due to coronavirus concerns.
A Br…
China iron ore soars as Vale shuts down some mines on virus concerns Read More »
Poland will close two coal mines owned by state-run JSW and ten mines from PGG group on Tuesday for three weeks to stop the spread of the new coronavirus among miners, Deputy Prime Minister Jacek Sasin said on Monday.
Poland has reported rapid growth …
Poland to close 12 mines for three weeks to stop coronavirus spread Read More »
Papua New Guinea’s mining regulator said on Friday it is planning to bring criminal proceedings against a Barrick Gold joint venture over what it says was an attempt to illegally export $13-million in silver and gold to Australia.
PNG’s Mineral Resour…
Papua New Guinea accuses Barrick of plan to illegally export gold Read More »
