The Democratic Republic of Congo has suspended the board of directors and management of state-controlled diamond mining company MIBA, after an audit revealed significant irregularities, the government said in a statement. The audit identified a host of…
Congo suspends board and management of State diamond miner MIBA Read More »
As the sun sank over a vast opencast coal mine in eastern Serbia earlier this month, a small crane eased the front half of a Roman ship from the steep sides of the pit.
An excavator cutting through the coal-rich soil had pulled out some muddy timber w…
Coal mine in Serbia gives up new Roman treasure Read More »
Chile’s powerful copper unions are headed into contract talks with a hand weakened by the coronavirus pandemic, giving an edge to miners like Codelco, Glencore and Antofagasta in negotiations that could influence wages and benefits for years.
Chile’s …
Pandemic saps union clout as talks loom with Chile copper miners Read More »
Glencore on Thursday defended its climate policy from activists who want targets set for the use of its products, with chairman Tony Hayward saying the miner’s current plan will cut greenhouse gas emissions.
Pressure on miners has mounted after Norway…
Glencore chairman Hayward defends climate policy Read More »
Alcoa said on Thursday it is considering laying off up to 534 workers from its San Ciprian aluminum plant in the Spanish region of Galicia, though a final decision has not yet been made.
High energy costs and low aluminum prices led to persistent los…
Alcoa considering more than 500 layoffs at Spanish plant Read More »
Production in Peru’s mining sector will fall by at least 15% this year, representing a loss in revenues of up to $5-billion, due to disruptions caused by the coronavirus pandemic, a top mining executive said on Wednesday.
Large-scale mining, which mak…
Peru mining production to drop by 15% this year due to pandemic- Buenaventura executive Read More »
Shelved expansion plans for lithium projects due to collapsing demand for the material used to make electric vehicle batteries leaves the market facing a price spike after a couple of years when shortages start to emerge.
Auto sales including electric…
Deferred expansion plans fuel prospect of lithium price spike after 2022 Read More »
Rio Tinto said on Wednesday it has developed a process to extract the rare earth scandium from its titanium dioxide production process and is studying ways to commercially produce the mineral.
The move is the latest example of Rio taking a second look…
Rio Tinto says it can extract strategic mineral from metal plant processing waste Read More »
A judge in Brazil’s Minas Gerais state partially granted an injunction sought by prosecutors ordering iron-ore miner Vale to deposit 7.9-billion reais ($1.48-billion) for payment of potential fines related to a dam disaster last year.
Vale faces multi…
Vale ordered to set aside $1.48bn for Brumadinho dam damages Read More »
The global copper market is expected to be in surplus by 285 000 t this year as a result of the coronavirus pandemic, with the overhang rising to 675 000 t in 2021, an industry body said in a report.
The forecast from the International Wrought Copper …
Coronavirus to exacerbate copper surplus this year and next – IWCC Read More »
