South Africa’s militant Association of Mineworkers and Construction Union (AMCU) expects a deal with Impala Platinum over wages soon, the head of the leading platinum mining union said on Wednesday. "We believe we will clinch a deal with Impala Pla…
AMCU sees imminent wage deal with Impala Platinum Read More »
South Africa’s largest gold miner Harmony Gold has refinanced and increased its existing $350 million loan and revolving credit facility, raising it to $400-million, lead arranger Absa Bank said on Wednesday. Absa said the syndication of term loan and …
Harmony gets new $400m credit facility – bank Read More »
The Association of Mineworkers and Construction Union (AMCU) said it had filed a court case on Wednesday against manganese and chrome producer Samancor Chrome relating to alleged fraud. "The company is stealing from the workers," said AMCU pres…
AMCU files case against Samancor Chrome over alleged fraud Read More »
Republican US lawmakers this week urged President Donald Trump’s administration to ease restrictions on uranium mining on federal lands, as a Cabinet-level committee prepares recommendations this month for boosting domestic nuclear fuel production.
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Republican lawmakers call for measures to spur new US uranium mining Read More »
Aluminium group Rusal is in talks with customers to agree 2020 supply contracts, six industry sources told Reuters, marking the first round of autumn negotiations since sanctions against the Russian company were lifted in January.
Rusal starts the alu…
Sanctions are over, Rusal’s clients say, as aluminium ‘mating season’ starts Read More »
The World Trade Organization (WTO) cut its forecast for growth in global trade this year by more than half on Tuesday and said further rounds of tariffs and retaliation, a slowing economy and a disorderly Brexit could squeeze it even more. The WTO said…
WTO slashes forecast for trade growth as conflicts mount Read More »
In a small shack overlooking muddy pits hewn out of eastern Congo’s rolling green hills, a government official puts a barcoded tag on a sack of ore rich in tantalum, a rare metal widely used in smartphones. With a handheld device linked to a server in …
Congo mine deploys digital weapons in fight against conflict minerals Read More »
US President Donald Trump and Canada Prime Minister Justin Trudeau have discussed the need to ensure reliable supplies of rare earths and critical minerals, a market currently dominated by China.
The two leaders spoke about the issue during their last…
US and Canada discuss supply of rare earths as China dominates Read More »
Canadian mining firm Silver Bull Resources said in a statement on Monday that it has temporarily suspended work at its Sierra Mojada project in northern Mexico due to a blockade by a cooperative of local miners.
Silver Bull said it is in an ongoing le…
Silver Bull says its Mexico Sierra Mojada project ‘illegally’ blockaded Read More »
Canada’s Kinross Gold is putting future deals in Russia on hold after snapping up a development project in a country hit by Western sanctions.
The Toronto-based miner in July acquired the undeveloped Chulbatkan asset from closely held N-Mining for $28…
Kinross hits pause on Russia after gold project deal Read More »
