Zambia’s attempt to force Copperbelt Energy Corp (CEC) to open up its infrastructure to other power producers has dented the country’s image as an investment destination, the Chamber of Mines said on Friday. Energy Minister Matthew Nkhuwa issued a decr…
Zambia Chamber of Mines says govt tensions with power firm CEC bad for investment Read More »
Guinea’s government approved on Thursday a basic agreement for the development of its giant Simandou iron ore project by a consortium representing Chinese, French and Singaporean interests, the mines minister told Reuters.
The consortium – which inclu…
Guinea approves SMB-Winning deal for Simandou iron mine project Read More »
Russian diamond producer Alrosa reported an 87% slide in first-quarter net profit on Friday and said its future results were likely to suffer from the impact of the coronavirus outbreak on sales.
Net profit fell to 3.1-billion roubles in the first thr…
Alrosa sees coronavirus impact lingering after Q1 profit slide Read More »
Rio Tinto knew the cultural and historical significance of two caves in Western Australia years before it blew them up last month as part of an iron ore mine expansion, traditional owners said on Friday.
However, Rio, which won state government approv…
Traditional owners say Rio Tinto knew importance of caves razed for mine Read More »
Austral Gold said on Friday a near one-month long strike by two unions ended at its flagship Guanaco and Amancaya mines in Chile after reaching an agreement to increase pay and benefits by 15% along with a one-time bonus.
The Australia-listed miner th…
Austral Gold reaches pay hike agreement to end strike at flagship mines in Chile Read More »
AngloGold Ashanti aims to gradually ramp up to 50% capacity at its Mponeng mine in South Africa after a closure of more than a week because 196 workers tested positive for Covid-19. The gold miner said it began a phased restart of Mponeng – the world’s…
Mponeng mine restarts slowly after Covid-19 closure Read More »
Indonesia will keep in place a ban on the export of nickel ore even as it relaxes exports of some other minerals under revisions to its mining law, the director of minerals at the country’s energy and minerals ministry said on Thursday.
Indonesia’s p…
Indonesia nickel ore export ban to remain -mining ministry director Read More »
Indonesia will keep in place a ban on the export of nickel ore even as it relaxes exports of some other minerals under revisions to its mining law, the director of minerals at the country’s energy and minerals ministry said on Thursday.
Indonesia’s p…
Indonesia nickel ore export ban to remain Read More »
Industrial gold production in Mali is expected to fall by 8.3% year-on-year to 59.77 t this year compared with 2019 due to falling output at several mines, Mali’s mines and petroleum ministry said on Wednesday. It said total gold production is expected…
Mali’s industrial gold production expected to slump in 2020 Read More »
A magnitude 6.8 earthquake struck Chile´s mineral-rich northern desert early on Wednesday, monitoring groups confirmed, though damage was minimal and mining companies told Reuters their operations had not been affected.
In Chile, a South American nati…
Magnitude 6.8 earthquake rocks northern Chile; minor damage, no casualties Read More »
