Mining.com

By Frik Els Big mining blasted Mining and metals investors were offloading the sector’s big names on Friday over fears of the impact of a trade war between the US and China, which is responsible for nearly half the world’s industrial metal demand and two-thirds of the world’s seaborne trade in steelmaking raw materials. Copper […]

By Bloomberg News (Bloomberg) — South Africa will give mining companies credit for past black-empowerment deals even when the investors later sold their shares to whites or foreigners, removing a major concern for the industry. The country’s new Mining Charter, which is aimed at distributing South Africa’s mineral wealth more widely, will apply the “once

By Visual Capitalist Over billions of years, extraordinary amounts of gold and other metals were deposited and spread throughout the Earth’s crust. Humans have been searching for these rich deposits for centuries, and advances in geoscience and technology have helped us become more adept at finding them over time. However, even with today’s advancements –

By Cecilia Jamasmie Gabriel Resources (TSX-V:GBU) lawsuit against Romania for $4.4 billion in alleged losses related to the company’s stalled Rosia Montana gold and silver project, suffered a setback this week as the country told international arbitrators they can’t hear the Canadian miner’s claim. Romania’s government said a recent, ground-breaking court decision had slammed the

By Reuters JOHANNESBURG, June 14 (Reuters) – Sibanye-Stillwater has recovered the body of the fifth and final missing mine worker after a three-day search at its Kloof Ikamva gold mine in South Africa, the company said on Thursday. The five Sibanye workers killed went missing on Monday after entering an abandoned section of the mine

By Michael Allan McCrae Most mining companies have “gold” attached to their name, according to a study of Mining Intelligence company name frequency. There are over 1,000 mining companies that use some variant of the word “gold” in their moniker. Some examples would be Barrick Gold (TSE:ABX) or Condor Gold (TSE:COG). Data comes from Mining

By Cecilia Jamasmie Canada’s Nevsun Resources (TSX, NYSEMKT:NSU) is extending the life of its flagship copper-zinc Bisha mine in Eritrea to the end of 2022 — 18 months later than the planned end of operations announced by the company last year. The open-pit extension would add 3.3 million tonnes of high-grade ore to the mill,

By Cecilia Jamasmie Canada’s Erdene Resource Development (TSX:ERD), one of the very few companies that has successfully navigated Mongolia’s ever-changing policies on foreign mining investment, became Thursday the first cross-listed firm on the Asian nation stock exchange. The Halifax, Nova Scotia-based miner’s common shares will trade on the Mongolian Stock Exchange (MSE) under the same

By Pinheiro Neto Advogados Brazil’s President Michel Temer signed Tuesday a decree instituting the new Mining Code Rules. This adds up to the set of Federal Government initiatives targeted at overhauling and updating the Brazilian regulatory framework for the mineral industry, and supervenes the current rules that have been in place for nearly 50 years

By Cecilia Jamasmie Southern Copper (NYSE: SCCO) the world’s fifth-largest producer of the red metal, expects to kick off operations at its $2.5 billion Michiquillay project in Peru by 2022, three years earlier than what it said in April. The company, which won the public auction for the project in February by offering Peru’s government