Australia has a fresh opportunity to supply the United States with critical minerals after recent changes to US regulation aimed at cutting its dependence on China, an Australian government report showed on Tuesday.
US President Donald Trump in July s…
Australia sees opportunity to boost critical minerals supply to US – report Read More »
Mexico’s President bManuel Lopez Obrador said on Monday that he has asked the parties involved in an ongoing conflict at the Penasquito gold mine in Mexico to do their part to help resolve their differences.
"We’re asking everyone to help reach an…
Mexico’s President asks parties to resolve conflict at Penasquito gold mine Read More »
Australian lithium miner Altura Mining is seeking to refinance a A$179.1-million loan due next August, it said on Monday, as it posted a wider loss for the full year.
It said there was "material uncertainty" as to whether the group would be ab…
Australian lithium miner Altura seeks to refinance loan, widens loss Read More »
Australia’s Heron Resources said on Monday it received an extension to waivers regarding a loan facility, giving the cash-strapped zinc explorer more time to come up with a funding plan.
A cash crunch due to a seven-month delay in the completion of co…
Zinc explorer Heron gets waiver on debt facility Read More »
French oil major Total has completed the acquisition of Anadarko’s 26.5% stake in Mozambique’s liquefied natural gas project for $3.9-billion, Total said on Monday, in a deal expected to raise much-needed revenue for Mozambique. "Mozambique LNG is …
Oil major Total closes purchase of Anadarko’s Mozambique LNG asset Read More »
Australia has scaled back its expectations for record export revenue from mining and energy in the 2019/20 financial year as trade tariffs chill global economic growth, the government said on Monday.
Australia forecast mining sector revenue at $282-bi…
Australia trims mining, energy export revenue for 2019/20 on trade war Read More »
Anglo-Australian miner Rio Tinto has cancelled plans for the sale or floatation of its Canadian iron ore business, following unsuccessful attempts to find buyers, the Wall Street Journal reported on Sunday.
Rio Tinto, which owns 59% stake in Iron Ore …
Rio Tinto scraps plans for Canadian iron-ore unit sale, floatation – WSJ Read More »
Zambia will not replace its value-added tax (VAT) with a non-refundable sales tax, Finance Minister Bwalya Ng’andu said on Friday, a major concession to mining companies that fiercely opposed the proposal. Zambia, Africa’s second-largest copper produce…
Zambia scraps sales tax plan in concession to miners Read More »
Canadian gold miner Banro Corporation declared force majeure on several of its operations in Democratic Republic of Congo earlier this month, its chief executive said in a letter addressed to Congolese officials and seen by Reuters. Banro Corp suspende…
Banro declares force majeure on some Congo operations Read More »
Democratic Republic of Congo plans to look into potential conflicts of interest in a US-funded project to certify mines that produce minerals such as gold and tin responsibly, a Congolese official told Reuters. The United States Agency for Internationa…
US-funded clean minerals project raises concerns in Congo Read More »
