The workers’ contracts were terminated following a 2016 official order to halt all mining in Chiadzwa.
China Mining News
China's building a mega city from scratch – it's going to suck in lots of steel, copper
Forget One Belt, One Road, the impact of Xiongan New Area on copper, iron ore and aluminum prices will be felt much earlier says new report.
China successfully mines flammable ice from the South Sea
During the mining trial done at a depth of 4,153 feet, engineers extracted each day around 16,000 cubic metres of gas, with methane content of up to 99.5%.
Chinalco wants to be sole owner of world’s largest iron ore deposit
Move comes barely seven months after Rio Tinto agreed to sell it its stake in Simandou for up to $1.3 billion.
BHP ditching 'Billiton' in $10 million rebranding move
Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.
Eldorado to take full control of Integra Gold as its expands to Canada
Move is part of an ongoing effort to strengthen its position in the home country, particularly around the gold-rich Eastern Abitibi region, in Quebec.
China and India on aggressive electric vehicle push
China and India are rolling out plans to dramatically accelerate the adoption of electric vehicles (EVs), initiatives that have prompted the IEA to take notice and promise a review its long-term oil demand forecast.
Iron ore to hit $44 a tonne by 2021 — analysts
BMI Research expects prices to continue sliding for at least the next five years on rising supplies from Australia and Brazil and evidence of Chinese demand cooling earlier than expected.
Philippines to keep mining law intact, despite new minister appointment
The new head of the environment office, Roy Cimatu, has however said he believed it was possible to balance mining and natural resources protection.
Glencore puts Tahmoor coal mine up for sale
Market rumours point at South32 as the most likely buyer, since the miner decided last month to ditch its $200 million acquisition of Peabody Energy’s coal mine in New South Wales.
Coking coal price slumps again
Chinese steelmakers overestimated impact of Australian cyclone and the market is now awash in met coal.
Copper price: Plunge in China imports wipes out 2017 gains
Chinese refined copper imports for April down 30%, concentrate shipments decline 17%.
Iron ore free fall wreaks havoc with main producers
It’s been a bad week for iron ore, with all indices steeply lower on Friday for a second consecutive day.
INFOGRAPHIC: The numbers behind the world's closest trade relationship
Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.
Coloured diamonds becoming everyone’s favourite, auctions show
Diamonds – and especially the fancy colored stones – continue to hold investors in thrall, and auction houses are ensuring the fascination endures with sales featuring some stunning selections.
Iron ore craters again — down 5% in only 24 hours
In Asia, trading was halted after prices sank 7.3%, which is the maximum a day allowed by Chinese regulators.
Philippines shows anti-mining environment minister the door
Congress decision puts and end to a 10-month tenure during which Regina Lopez ordered the closure of more than half the country's mines and banned open-pit mining.
Iron ore climbs on Chinese restocking
The end of the Labour Day holiday in China saw fresh demand for iron ore and steel, with both commodities rising in tandem today.
Illegal Chinese gold miners blamed for pollution, violence in Ghana
Government officials’ comments add bitterness to the already resentful locals, following wave of negative coverage of Chinese mining practices in the Ghanian media.
Philippines extends mining ban, now forbids open-pits
Prohibition only affects planned mines, not the ones currently in operations, but it will take effect immediately.
Vale’s first quarter profit lower than expected as rains hurt iron ore output
Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.
Copper, lead, zinc prices to stay on the boil
New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.
Czech mining industry pins hopes of revival on lithium
The European country holds between 1.2 to 1.4 million tonnes of lithium, located mostly around the tiny village of Cinovec, on the border with Germany.
BHP puts US shale assets back on the block amid investors pressure
The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.
