Madagascar plans to increase its royalties on nickel and cobalt to 4% from 2% at present, a draft mining law said on Tuesday. The law, presented to reporters by Mines Minister Fidiniavo Ravokatra, showed that Madagascar also proposes to allow the gover…
Madagascar plans higher royalties, at least 20% stake in mining production Read More »
Copper production at Chile’s top mines increased in October, Chilean copper commission Cochilco said on Monday, even as protests and sometimes-violent rioting gripped the nation.
Cochilco said output at top copper miner Codelco increased 2.5% percent …
Chile’s top miners boost copper output even amid protests Read More »
Petra Diamonds said on Monday it was in the process halting operations at its Cullinan, Finsch and Koffiefontein mines in South Africa after State utility Eskom asked the miner to reduce its electricity load.
Production, hoisting and processing have s…
Petra Diamonds halts South Africa mines after Eskom ups power cuts Read More »
Tullow Oil shares more than halved on Monday as CEO Paul McDade stepped down and the energy company scrapped its dividend after failing to meet production targets due to weak performance by flagship assets in Ghana. The company has been plagued by tech…
Britain’s Tullow Oil shares plunge over 50% as CEO resigns Read More »
New global standards for mining waste dams should take into account the difficulties of making existing dams compliant, the chair of an independent panel of experts crafting the new rules said on Friday.
Industry groups object to a standard that would…
New mining waste dam rules should not be retroactive, says review chief Read More »
Many South Africans could be without electricity this weekend if rain continues, state power utility Eskom said on Friday, after announcing it would cut up to 4 000 MW of power as wet weather makes it difficult for power stations to use coal. Coal hand…
Power cuts may last the weekend if rain persists Read More »
Many South Africans could be without electricity this weekend if rain continues, state power utility Eskom said on Friday, after announcing it would cut up to 4 000 MW of power as wet weather makes it difficult for power stations to use coal. Coal hand…
Power cuts may last the weekend if rain persists Read More »
GFG Alliance, owned by British commodities tycoon Sanjeev Gupta, has agreed to buy the Duffel aluminium plant in Belgium from Novelis, the group said on Friday.
The deal for the plant, which supplies the auto industry and is one of the largest rolling…
GFG agrees to buy Duffel aluminium plant in Belgium from Novelis Read More »
GFG Alliance, owned by British commodities tycoon Sanjeev Gupta, has agreed to buy the Duffel aluminium plant in Belgium from Novelis, the group said on Friday.
The deal for the plant, which supplies the auto industry and is one of the largest rolling…
GFG agrees to buy Duffel aluminium plant in Belgium from Novelis Read More »
Apple Inc on Thursday said it has bought the first-ever commercial batch of carbon-free aluminum from a joint venture between two of the world’s biggest aluminum suppliers.
The metal is being made by Elysis, a Montreal-based joint venture of Alcoa Cor…
Apple buys first-ever carbon-free aluminum from Alcoa-Rio Tinto venture Read More »
