Reuters

Cash-rich Newmont Mining mulls boosting dividend as peers pursue debt reduction

With a plump $3.1 billion pile of cash, Newmont Mining Corp is mulling a sweeter dividend to attract a broader shareholder base, a move that makes it an outlier in the still recovering gold sector.

BHP turns to electric car batteries to recharge its nickel business

The rise of electric vehicles is driving the world's biggest mining house, BHP , to switch gears and invest heavily in its long-suffering nickel business.

Lithium processors prepare to meet demand in era of electric car

Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming shortfall.

Lonmin to sell surplus platinum capacity to raise cash

Platinum miner Lonmin Plc said on Monday it would cut costs and sell some assets, including processing capacity of up to 500,000 ounces per year, as it battles to overcome a weak market and to preserve jobs.

Sumitomo Metal Mining exits Solomon Islands nickel exploration project

Japan's Sumitomo Metal Mining Co Ltd. said on Tuesday it will exit from a nickel exploration project in the Solomon Islands because of slumping nickel prices and the loss of a legal dispute over mining rights in the country.

Michelangelo's unrealised marble dream comes true in Italian quarry

In 1517, Michelangelo climbed Mount Altissimo in Tuscany and found the marble of his dreams.

South Africa’s mines minister withdraws plan to suspend rights

South Africa's mineral resources department has withdrawn its plan to impose a moratorium suspending the issuance of new mining and prospecting rights, which had drawn a court challenge by an industry group.

BHP presses for cheaper power ahead of Olympic Dam mine expansion

BHP Billiton is looking for ways to shore up power supply and bring down power costs at its Olympic Dam copper mine in Australia, as it plans to expand following a string of electrical outages, the mine's head said on Friday.

Top gold fund SPDR marks steepest monthly fall in more than 4 years

SPDR Gold Trust, the world's largest physically-backed gold fund, saw its holdings drop more than 7 percent in July, as investors dumped bullion for other assets like equities and led it to its biggest monthly decline since April 2013.

Russia's Alrosa searching for 16 miners missing after accident

A total of 102 miners have been brought to the surface and another 33 miners have been located in the mine in Yakutia in eastern Siberia and are being evacuated.

Global demand for gold drops 14 pct in first half of 2017 –WGC

Global demand for gold fell 14 percent in the first half of this year due mainly to a sharp decline in purchases by exchange traded funds, the World Gold Council said in a report on Thursday.

Sibanye Gold planning job cuts in S.Africa mines revamp

South Africa's Sibanye Gold will restructure operations in its domestic market, a move that could affect 7,400 of its employees, the gold and platinum miner said on Thursday.

Randgold reports 53 pct rise in H1 profit, cash pile mounts

African gold miner Randgold on Thursday reported a 53 percent rise in half-year profit and a mounting cash pile, and said it was well on the way to developing projects that will position it for an eventual increase in demand.

Sibanye Gold planning job cuts in S.Africa mines revamp

The miner will start consultations with labour unions and government about the restructuring of its loss-making Beatrix West and Cooke operations.

Zimplats says Zimbabwe asks court to enforce mining land seizure

Zimbabwe has filed a court application to enforce a previous notice to seize more than half of platinum producer Zimplats' mining land, the company said on Wednesday.

BHP denies it has agreed to sell Samarco stake to Vale

Brazilian newspaper had claimed BHP was selling its stake in the Samarco iron ore mine to its partner Vale.

LBMA shines a light on the gold in London's vaults

This is the first time the London Bullion Market Association makes such data public.

Indonesia closer to mining deal with Freeport, but hurdles remain

Some issues still need to be resolved before the U.S. miner gets a new operating permit for its huge copper mine.

Zambia's Konkola mine halts operations at Nchanga mine after cable theft

Zambia's Konkola Copper Mines (KCM) said on Tuesday it was halting operations indefinitely at its Nchanga underground mine (NUG) in Chingola state due to theft of high voltage cables.

Rising gold production pushes Newmont past profit estimates

Newmont Mining Corp handily beat quarterly profit estimates on Tuesday as production improved, more than offsetting the impact of lower realized gold prices, lifting the miner's shares as much as 7.7 percent to a five-month high.

Brazil to raise mining royalties, set up new regulator

Brazil's government will announce an increase in mining royalties and the creation of a new agency to regulate the industry in a bid to inject new life in Brazilian mining, three sources with knowledge of the matter told Reuters on Monday.

Rio Tinto, Serbia in outline deal to move giant lithium project forward

Major miner Rio Tinto and the Serbian government on Monday signed a memorandum of understanding to speed up development of Rio's giant deposit of jadarite, a mineral unique to Serbia that contains lithium.

Cuba seeks to revive mining sector with new lead and zinc mine

A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its mining sector, the joint venture Emincar overseeing the project said this week.

Philippines plans new law to ensure responsible mining

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.

South Africa intends to suspend issuing mining rights

South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday.