Peru moved to shut down a major illegal gold mine hub deep in the Amazon after years of expansion destroyed pristine rain forest and polluted rivers with mercury.
The government deployed 1 500 agents from the police and armed forces to La Pampa in the…
Peru raids biggest illegal mining zone to stem Amazon gold rush Read More »
Eurasian Resources Group will halt production at a copper and cobalt mine in the Democratic Republic of Congo, as it considers future investment in new production methods. The shutdown at Boss Mining Sprl will curb cobalt supplies from a nation that ac…
ERG will suspend copper, cobalt output at Congo mine this month Read More »
Hudbay Minerals’s second-biggest investor ratcheted up pressure on the Toronto miner ahead of its quarterly earnings, arguing the company’s shares could more than double if it changes its strategy.
Hudbay could be worth about C$19 a share if it change…
Hudbay’s No. 2 investor ratchets up pressure on miner Read More »
BHP Group, the world’s biggest miner, doesn’t have capacity to raise shipments into the iron ore market as competitor Vale faces outages following the fatal mining disaster in Brazil last month.
The global iron ore market has been thrown upside down b…
BHP can’t rescue iron-ore market after Brazil dam disaster Read More »
A surge in iron-ore prices is fueling hopes for bigger returns and a share-buyback spree as the world’s top miners prepare to report results.
BHP, Rio Tinto, Glencore and Anglo American are expected to announce bumper profits over the next two weeks. …
Buybacks and bumper profits on the cards as mining giants report Read More »
Brazil is prohibiting a specific type of tailings dam after two of those structures owned by miner Vale burst in recent years, causing death and environmental devastation.
All so-called upstream dams need to be decommissioned or removed by August 2021…
Brazil bans upstream mining dams after Vale’s latest disaster Read More »
Just weeks after the police unit was formed, they caught their first glimpse of the copper thieves — the silhouettes of a group of men on a hill overlooking the rail lines — triggering a car chase at the dead of night across Chile’s Atacama desert.
…
Copper cops play game of cat and mouse around desert convoys Read More »
Zimbabwe removed 24 bodies of artisanal miners who had been trapped in two collapsed gold shafts since Tuesday, according to a union official. “So far we have retrieved 24 bodies from the two shafts and 23 of them have since been positively identified,…
Zimbabwe retrieves 24 bodies from collapsed mine, union says Read More »
Zimbabwe’s government will review mining legislation to improve safety standards in the industry, after 24 miners died when two gold shafts collapsed, the Herald reported, citing Mines Minister Winston Chitando. “Obviously it is a learning point and we…
Zimbabwe reviews safety laws after 24 miners die, NewsDay says Read More »
China’s strict environmental regime means domestic iron ore mines won’t boost output to meet any supply shortfall after Vale’s dam disaster, according to the head of a major Chinese mining group.
The global iron-ore market is in the grip of a supply s…
China won’t come to the rescue in global iron-ore supply crisis Read More »
