Australia’s Fortescue Metals Group confirmed on Monday that it has submitted a bid to develop two blocks in the giant Simandou iron-ore deposit in Guinea.
Reuters reported on Friday that Fortescue and Guinea’s biggest bauxite exporter SMB-Winning were…
Australia’s Fortescue confirms bid to develop Guinea iron-ore Read More »
Brazil’s government will present a bill later this month giving more leeway to mining in the country, including allowing mines on indigenous land, Mines and Energy Minister Bento Albuquerque said on Thursday.
The bill, which is already being analyzed …
Brazil’s govt to present bill allowing mining on indigenous reserves Read More »
Canadian miner Iamgold said on Thursday it continues ramp-up activities at the southern pits of its Rosebel mine in Suriname but cautioned that 2019 guidance remained conservative.
The Toronto-listed company said its 2019 guidance for Rosebel incorpor…
Iamgold says Rosebel ramp-up continues, cautions on guidance Read More »
Russian steel and coal producer Mechel has agreed to buy Gazprombank’s 34% stake in the Elga coal deposit for around 30-billion roubles ($461-million), two sources familiar with the matter told Reuters on Thursday.
Mechel is expected to pay for the st…
Mechel to buy stake in Elga coal project for $461m – sources Read More »
A landslide at a shuttered gold mine in eastern Democratic Republic of Congo killed at least 16 people on Wednesday, the provincial governor said. Dozens of people die in Congo every year because of old-fashioned and unregulated mining methods that com…
Landslide at gold mine in eastern Congo kills at least 16 Read More »
South Africa’s public debt could rise as high as 95% of gross domestic product by 2024 if the government doesn’t restructure the state-run utility Eskom and implement a workable growth plan, the Institute of International Finance (IIF) said in a report…
South Africa debt-to-GDP could reach 95% by 2024, IIF says Read More »
Vietnam has imposed an anti-dumping tax on some aluminium products from China, just months after a similar levy targeting steel items, as the Southeast Asian nation looks to rein in an ever-increasing trade deficit with its giant neighbour.
An investi…
Vietnam imposes anti-dumping tax on Chinese aluminium products Read More »
A survivor and relatives of 29 men who died nine years ago in one of New Zealand’s worst industrial disasters visited the Pike River mine on Thursday, ahead of government attempts to make a full recovery of the site.
More than two dozen people went 17…
Relatives of NZ’s Pike River mine disaster visit sealed site Read More »
Brazilian miner Vale on Wednesday said it expects to finish paying for most of the expenses related to the disaster at one of its facilities that killed at least 250 people by 2021.
In securities filings, Vale laid out its expectations for expenses r…
Vale expects to mostly finish paying for burst dam by 2021 Read More »
Canadian miner Iamgold has partially halted work at its Rosebel gold mine in Suriname after an influx of illegal miners blockaded operations, local media reported on Thursday.
The Toronto-listed company has stopped work and removed equipment and perso…
Iamgold halts some work at Rosebel mine in Suriname – report Read More »
