Rio Tinto is suing Vale for billions over allegations the Brazilian giant and its former partner illegally acquired the West African iron ore deposit, one of the richest prizes in all of mining.
The company has begun a 60-day consultation with unions at Kusasalethu mine, its largest operation.
Illegal gold excavation and scrapping, worth about six billion rands per year (about US$550 million), is today the lifeblood of Johannesburg’s informal economy.
What’s the connection between access to water, human rights and mining projects? It’s a complicated area where the vast challenges that lie ahead can only increase as the century progresses.
Suppliers to the African mining industry need to improve their on-site support and product delivery capabilities, finds new survey by Timetric’s Mining Intelligence Center.
The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.
Iron ore project will remain suspended until the company either releases $102 million in restricted cash or can secure other short term funding.
Canada is tying foreign aid to overseas mining development. It’s touted as “win-win,” but in Burkina Faso there are already some losers.
The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.
The miner plans underground operations at North Mara and inked a deal that could see it acquire up to 70%of a project in Burkina Faso.
Goldman, BASF, HSBC and Standard Bank accused of front-running and spoof orders while in charge of the London PGM Fix since 1989.
By promising top shareholder Chinalco, Rio's stakes in Oyu Tolgoi and Simandou.
Locals were protesting the imminent construction of Platreef platinum mine.
Report shows there are 39 assets in production within the Ebola-affected region.
The project could prove to be more valuable than the country’s biggest gem producer, Catoca,
Even a global economic growth slowdown will not seriously impact the future of the shale oil patch, Rudolf "Rudy" Hokanson tells The Energy Report.
The miner has hit exceptionally high-grade silver, zinc and copper at its Kipushi mine in the DRC.
The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.
Nevsun Resources faces rumours of $1 billion acquisition and civil suit on same day.
Casey Research energy strategist Marin Katusa cautions that Russia and China have forged an alliance with the goal of world supremacy through control of the energy market and Vladimir Putin is winning.
The miner, structured to "break even" at $1,050 per ounce, warned it would have to re-think the business if bullion prices dip below $1,000 and stayed there for a while.
They will look at compensation and medical care for workers with occupational lung disease or "silicosis."
A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.
Drops to June 2009 levels on the way to $70 a tonne after Chinese house prices fall for sixth month in a row.
More than two years after 34 protesters were killed in the deadliest police action in South Africa since the end of apartheid, the state is completing its investigation.
As usual the leaders of the G20 countries will be deliberating on issues that will have ramifications for not only their respective economies but also the rest of the world, including those who will not be represented at the deliberations.
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