Meridian Energy, New Zealand’s top power producer, on Wednesday played down market expectations that Rio Tinto would keep its New Zealand Aluminium Smelter (NZAS) open when it decides on the plant’s fate in the next month.
The global miner’s smelter a…
New Zealand on tenterhooks over Rio Tinto smelter closure risk Read More »
Australia’s Woodside Petroleum and global miner BHP Group have marginally adjusted their stakes in two Scarborough project titles, Woodside said on Wednesday.
Woodside will hold a 73.5% stake in each of the titles, while BHP will hold the remaining 26…
Australia’s Woodside Petroleum and BHP Group adjust Scarborough project stakes Read More »
Gold miners have largely been boosting dividends to appease long-suffering shareholders rather than funding fresh exploration projects needed to grow production, a strategy that executives are warning may pose long-term risk to the industry. The tensio…
Gold miners fret about long-term supply even as they boost dividends Read More »
Russia, as this year’s chair of an international body tackling the trade in conflict diamonds, will work to lift restrictions on the export of diamonds from the Central African Republic (CAR), deputy finance minister Alexei Moiseev said on Tuesday. A t…
Russia to push for lifting limits on CAR diamond exports Read More »
Indonesia’s coordinating minister overseeing maritime resources and investment affairs said on Tuesday that the coronavirus outbreak in China will likely delay development of nickel projects in the Southeast Asian country worth about $11-billion.
Min…
Indonesia expects delay to $11bn nickel projects due to coronavirus outbreak Read More »
South Australia is putting A$250 000 up for grabs in a crowdsourcing competition to uncover more mineral reserves, as the industry taps expertise from a wide array of disciplines to find new large mineral lodes.
The five-month challenge will make avai…
Australian state turns to crowdsourcing to uncover mineral riches Read More »
Freeport McMoRan is not interested in pulling the trigger on a big deal while it ramps up copper output at its Grasberg mine, president and CEO Richard Adkerson said on Monday.
“Now’s just not the time for Freeport to think about doing a big strategic…
‘Not the time’ for big strategic M&A, Freeport’s Adkerson says Read More »
Freeport McMoRan is not interested in pulling the trigger on a deal for its Grasberg copper-gold mine in Indonesia, president and CEO Richard Adkerson said on Monday, tamping down speculation of a tie-up with Canadian miner Barrick Gold.
“Now’s just n…
Freeport’s Adkerson pours cold water on Barrick Grasberg tie-up Read More »
Egypt plans to launch an exploration round for gold in its Eastern Desert in the first half of March, an official at the mineral resources authority said on Sunday. Investors will be bidding on blocks which will be awarded to them within four months of…
Egypt to launch bid round in March for gold exploration in Eastern Desert – official Read More »
Ecuador’s Constitutional Court late on Friday denied for a second time a request by activists to hold a public vote on whether to ban mining in the Andean country’s mineral-rich Azuay province, where several mining projects are in development.
Azuay’s…
Ecuadorean court denies public vote on halting mining projects Read More »
