Bloomberg News

Barrick Gold yet to feel the heat in Zambian tax crackdown

The Toronto-based company, which operates the Lumwana mine, hasn’t received any notifications from the tax authority.

Copper giant shortlists candidates as CEO ponders future

While Nelson Pizarro could well stay on as Codelco's chief executive officer, the government is putting together a shortlist of candidates.

First Quantum confirms $7.9bn Zambian tax assessment

Shares of First Quantum fell as much as 13 percent in Toronto and were down 12 percent when the stock was halted ahead of the statement.

Zambia to conduct tax audit of mining companies for past 6 years

The Zambia Revenue Authority may extend the period of the audit should it find a pattern of “consistent, systematic, premeditated” tax evasion.

Mining companies seek talks as Ivory Coast scraps tax exemption

The government announced the discontinuation exemption from a 35 percent tax on profits, a move it said is in line with international trends.

Marijuana is the new gold as former Canada miners go to pot

Turns out, it may be easier to strike gold by growing green.

Moti doubles Zimbabwe investments as economy seen opening up

Moti Group is preparing to double its investments in Zimbabwe to $500 million after the removal of Robert Mugabe as president in November.

Congo state miner curbs expectations about code concessions

The operators are pressing the government to row back on some of the reforms President Joseph Kabila signed into law this month.

Mine accident shows a potash market nervous about outages

Shares of some of the largest potash producers soared on speculation that the accident could knock out a large chunk of global production capacity.

Trudeau dodged steel tariffs. Now he's angling to save NAFTA

Donald Trump is already taking up a lot of Justin Trudeau’s bandwidth. Steel tariffs sent it to another level.

Czech tycoon earmarks $1.2 billion to buy Europe's old coal

“The media bubble around clean energy doesn’t reflect reality,” said Alan Svoboda, an executive director of Seven Energy.

Zimbabwe ownership law stymies RioZim's bold expansion plan

RioZim Ltd., a Zimbabwean diamond, nickel and gold miner, wants to more than double output of gemstones at its Murowa mine.

Ex-banker's home said to be raided in UK Rio Tinto probe

UK investigators raided home of former investment banker to look for evidence connected with a bribery investigation into mining giant Rio Tinto Group.

VW just gave Tesla a $25 billion battery shock

The world’s largest carmaker will equip 16 factories to produce electric vehicles by the end of 2022, compared with three currently.

Oil sands upgraders may make a comeback amid pipeline crisis with $1-billion Alberta pledge

Partial updgrading would free up pipeline space and produce a grade of oil that's easier to refine and more valuable than the heavy grades produced currently.

Samsung is said in talks for multi-year cobalt deal from Congo

Samsung C&T has approached Somika SPRL to buy cobalt produced at its Kisanfu mine in Congo after only buying copper from the company for the past four years.

Anglo says cleaning up mining will earn it billions in profit

Mining is a dirty business, but Anglo American Plc Chief Executive Officer Mark Cutifani says it doesn’t have to be.

Investors hunting cobalt deals approached Sherritt, CEO Says

Sherritt shares were up 2.5 percent at 10:30 a.m. in Toronto.

China spreads the love to all sources of energy, even hated coal

China mines and burns about half the world’s coal, so it can’t totally ditch it.

Battle to keep Lonmin platinum deal alive hinges on the rand

The strengthening rand, which squeezes profits for both producers, could make the transaction less attractive for Sibanye.

Biggest Ghana mining union plans protests over gold fields jobs

Gold Fields Ltd.’s local unit to dismiss more than 2,000 staff as it starts the process of hiring a contractor to operate its biggest mine.

Resolution seen to impasse over South African mining rules

South Africa's mining industry and the government are moving closer to resolving a dispute over levels of black ownership that’s deterred investment and dragged down growth in the country.

Mining's main event shows good times are back – just not for all

If attendance at the world’s biggest mining conference is any indication, things are looking up for the industry.

Steel tariffs may trip up another industry Trump loves: coal

While tariffs could increase domestic demand for metallurgical coal - which is used in the steelmaking process - most of the market for that fuel is abroad.

Zinc turned upside down as prices tank and stockpiles surge

The zinc market is making a U-turn.