Expected to hire over 200 people.
Following a $75m national mineral survey, Uganda has proposed a wide range of tax breaks ahead of a planned mining and exploration licensing round.
This infographic covers everything you should know about copper porphyries, a deposit type responsible for about 60% of copper, 95% of molybdenum, and 20% of gold produced today.
Geologists found evidence of large amounts of silver smelting that ended up contaminating a vast area in southwest China.
The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.
Peru's mining production fell 1.05% in November as copper, silver, tin and molybdenum output declined, the government said in a preliminary report.
If successful the technology could be used to treat many forms of environmental pollution.
The investigative reporting piece exposed extremely poor working conditions in factories making Apple products in China and Indonesia.
When his father could no longer make enough money from the tin mine, when he could no longer pay for school, Bienfait Kabesha ran off and joined a militia.
The country effectively halted all but processed metal shipments in January in an effort to force miners to build smelters.
The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.
The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.
Operations, however, won’t resume until at least Oct. 7.
Protesters are demanding management to review safety conditions following a fatal accident on Sept. 27.
30,000 tonnes of copper concentrate were sent out Monday.
Operations at the miner's Batu Hijau copper and gold mine to resume soon.
Anxiety rising in the region.
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.
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.
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