Barrick Gold CEO Mark Bristow on Wednesday said he sees no competition from rivals in his pursuit of Freeport-McMoRan’s Grasberg copper/gold mine in Indonesia but cautioned any deal for the asset would take time to pull off. Bristow has fanned speculat…
Barrick CEO sees no competition in his bid for Freeport’s Grasberg mine Read More »
Rio Tinto, operator of the giant Oyu Tolgoi copper-gold mine in Mongolia, said its copper concentrate shipments to China had slowed due to efforts by the authorities to contain the spread of the coronavirus.
"We have advised customers that we are…
Rio Tinto says China virus slowing copper ore imports from Mongolia Read More »
German automakers Volkswagen and Daimler have launched a study to push for more “sustainable” lithium mining in Chile, according to lobbyist filings reviewed by Reuters, a sign of growing supply chain concerns ahead of an expected electric vehicle boom…
Germany’s Volkswagen and Daimler push for more ‘sustainable’ Chile lithium Read More »
Brazil’s Vale on Tuesday posted a sharp output decline and $671-million in net additional provisions stemming from a deadly dam burst about a year ago, underlining the enduring effects of the incident on the iron ore giant.
In a statement, the compan…
Vale loses spot as world’s top iron-ore producer to Rio Tinto Read More »
Brazil’s Vale on Tuesday posted a sharp output decline and $671-million in net additional provisions stemming from a deadly dam burst about a year ago, underlining the enduring effects of the incident on the iron ore giant.
In a statement, the compan…
Vale loses spot as world’s top iron-ore producer Read More »
Russian gold miner Polyus said it was investing in a new generation of projects, after posting record earnings, boosted by strong gold prices and higher output from the full ramp-up of its Natalka deposit in Russia’s Far East.
Polyus, Russia’s largest…
Polyus invests for future after record earnings Read More »
Brazil’s Vale said on Tuesday its fourth-quarter iron ore production fell 22.4% from a year ago, as the company continues to ramp up operations following a deadly dam burst in early 2019.
In a securities filing, Vale said it produced 78.344-million to…
Vale Q4 iron-ore output falls 22.4% y/y following dam disaster Read More »
Australia’s Newcrest Mining Ltd said on Tuesday Papua New Guinea’s national court dismissed a stay order on work relating to the Wafi-Golpu gold-copper project, paving the way for talks to resume on it with the Pacific country’s government.
The deal b…
Australia’s Newcrest says PNG gold project back on track as stay lifted Read More »
Australia’s Newcrest Mining said on Tuesday Papua New Guinea’s national court dismissed a stay order on work relating to the Wafi-Golpu gold-copper project, paving the way for talks to resume on it with the Pacific country’s government.
The deal by Wa…
Newcrest says Papua New Guinea gold project back on track as stay lifted Read More »
President Donald Trump’s 2021 Budget proposed $150-million for the creation of a US uranium reserve as the administration seeks to help struggling producers of the fuel for nuclear power reactors.
The money, if approved by Congress, would begin the pr…
Trump budget proposes $150m for creation of uranium reserve Read More »
