It has given 20% to 20 local groups, 3% to black entrepreneurs and managerial employees, and another 3% to historically disadvantaged South African staff.
New multi-lens zone at Stratmat deposit, part of the Vancouver-junior's past-producing zinc-lead-copper-silver-gold project in the Bathurst mining camp.
Around 15,000 of the total 55,000 licences in effect risk fines and even losing all privileges over the land.
Chinese backers are now behind one-third of all Peru’s new mining investments by value.
Operations at the miner's Batu Hijau copper and gold mine to resume soon.
The strategic review will focus on the potential introduction of third-party strategic investors or joint-venture parties for the Kamoa and Kipushi copper projects in the DRC.
Trend of mine production moving to emerging economies will continue.
After hitting a 3-year high on scheduled mine closures, the metal could be running away from fundamentals
Indonesia's top copper miner hopes next month to ramp up production and restart concentrate shipments from Grasberg, one of the world's largest copper mines.
About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.
The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.
Authorities are is planning to send a letter to the Colorado-based miner saying that it has defaulted on its contract and, therefore, is “negligent."
The transaction would be worth over $2 billion.
Newmont, instead, was called to return to the negotiation table or face the consequences.
Deal will allow North River to fast-track the development of its flagship lead and zinc mine.
Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.
The copper price has defied all predictions of a steep decline this year and is now honing in on 4-month high after the longest rally since 2005.
The parts agreed on basic framework for contract renegotiations for Grasberg mine.
Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.
This scarce industrial metal has characteristics similar to lead, but is non-toxic.
The Kamoa and Kipushi projects make up 83% of the Ivanhoe's net asset value.
Restart of past-producing zinc-lead-copper-silver-gold mine in New Brunswick now set for second quarter next year.
The two used to be joined at the hip, but now one or the other has lost touch with reality.
The South American nation lost the title to China in 2012.
The price of gold may be enjoying a double-digit increase so far this year and some equities may even have doubled their value, but Jeff Killeen of CIBC World Markets says it's not time to jump into metals with both feet. Be selective, he says.
Combined estimate investment exceeds $13 billion, says the government.
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