Mexican mining output will likely fall by about 17% in 2020 due to the impact of the novel coronavirus but should recover by the first quarter of next year, the head of the country’s mining chamber said on Wednesday.
In interview with Reuters, Fernand…
Mexico mining output to shrink 17% in 2020 – industry group Read More »
Kazakh sovereign wealth fund Samruk Kazyna said on Wednesday it had raised $206 million by selling on the market a 6.27% stake in Kazatomprom, the world’s biggest uranium miner.
It sold the shares at $13 per global depositary receipt, a discount of a…
Kazakhstan sells 6.27% stake in uranium miner for $206m Read More »
Kazakh sovereign wealth fund Samruk Kazyna said on Wednesday it had raised $206 million by selling on the market a 6.27% stake in Kazatomprom, the world’s biggest uranium miner.
It sold the shares at $13 per global depositary receipt, a discount of a…
Kazakhstan sells 6.27% stake in uranium miner for $206 mln Read More »
Kazakh sovereign wealth fund Samruk-Kazyna plans to sell a 4.55% stake in the world’s biggest uranium miner, Kazatomprom , for about $150-million, deal managers led by Citigroup said on Tuesday.
The sale will be the third by Samruk-Kazyna after the in…
Kazakhstan to reduce stake in uranium miner Kazatomprom Read More »
The US State Department hopes to expand a strategic minerals initiative aimed at ensuring supply chains for metals critical for batteries and wind and solar power as demand for green energy keeps growing despite the coronavirus, a top diplomat said on …
US hopes to expand strategic minerals initiative Read More »
Indonesian authorities are considering two companies’ requests to dispose mining waste into the ocean, a senior government official said on Sunday, at a time of heightened sensitivity about the environmental impact of mining.
The requests come as min…
Indonesia processing requests for deep-sea mining waste disposal Read More »
South American mining giant Chile churned out more copper in April than the same month the previous year, according to government data released on Friday, even as measures to tame the coronavirus outbreak continued to hammer its economy.
The world´s …
Chile copper output jumps again in April even as coronavirus hammers economy Read More »
A lull in corporate takeover activity among gold miners is expected to end as new coronavirus-linked travel restrictions are lifted in coming months, clearing the way for prospective buyers, industry executives and fund managers said.
Deals this year …
Gold M&A back on the agenda as coronavirus restrictions ease Read More »
In late April, Evaldo Fidelis, a 35-year-old tractor operator at Vale’s massive iron-ore mine in northern Brazil, came down with a dry cough.
Soon, he said, six others in his crew of about 40 workers fell ill with classic symptoms of Covid-19, the res…
In northern Brazil, iron-ore keeps flowing as Vale miners battle coronavirus Read More »
Zambia’s Copperbelt Energy Corp (CEC) will stop supplying power to Vedanta’s local unit Konkola Copper Mines (KCM) from Monday, it said after talks on an extension to their supply agreement broke down over debt owed to CEC. Zambia’s Energy Minister Mat…
Zambia’s CEC to discontinue power supply to Konkola Copper Mines Read More »
