Conflict comes as Rio Tinto donated its majority stake in the operation to both Papua New Guinea and the Autonomous Region of Bougainville last month.
Copper Mining News
Just as government threatened to withdraw the licences of mining firms which refused to pay the increased taxes so did the mining companies threaten to stop their mining activities.
Dependent upon diesel-driven power plants which supply almost 200MW of electricity to the FQM mining operation at Kalumbila, almost 120 kilometers west of Solwezi the provincial capital needs an extra 30 percent for it to operate at full capacity.
Once the underground expansion is completed Ouy Tolgoi would become one of the three largest copper mines in the world.
Experts warn Canada's mining industry faces a looming risk it's not ready to deal with — lack of access to workers with the skills needed in an upswing.
Newmont Mining’s exit after more than 30 years illustrates mining companies’ growing difficulties there.
The first time the SEC has paid an Australian whistleblower in a corruption case.
Shares in the Vancouver-based miner soared Monday as the firm said it would likely hire an investment bank to advise the board on all strategic options.
Suspension of Maricunga comes earlier than planned after a court upheld the country’s regulator decision to shut down the water system linked to the mine over environmental concerns.
Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%
The miner continues to look for new assets, including Anglo American’s 40% stake in their manganese joint venture — Samancor.
Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.
Canada’s Erdene Resource is one of the very few miners to have never encountered issues in the East Asian nation.
Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.
Few disruptions could dump additional 230,000 tonnes onto already oversupplied market this year.
Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.
Stephen Nano, CEO of Mirasol Resources sits down with Maurice Jackson of Proven & Probable to discuss the virtues of Prospect Generation.
Scott Close of Eurasian Minerals sits down with Maurice Jackson of Proven and Probable to discuss the virtues of partnering and owning shares in one of the industry’s premier Prospect Generators.
The worst is over, at least for base metals, says Moody's, but warns that challenging industry conditions should continue through to at least 2018.
New report says base metal prices have bottomed, but there's hardly any upside – and that includes the zinc price.
Signs of resurgence in platinum, a stronger gold price and growing coal exports to India should be triggers for South Africa’s mining leadership to grasp the opportunities that it missed in the last commodity boom, according to consulting engineers and scientists SRK Consulting (South Africa).
The country began shipping lithium to China this week, in what is considered the first step towards fulfilling its ambitions to becoming the world’s No. 1 exporter of the commodity.
China's domestic iron ore, copper, nickel, zinc, lead and bauxite mining output is slowing dramatically.
And one that's ultra-bearish.
The potential acquisition fits in the South African gold producer’s plans to expand operations across Africa.