Rio Tinto disputes report that mismanagement caused Oyu Tolgoi’s woes

While it understands stakeholders’ frustration, Rio says the impact of rock conditions and labour issues has not been fully recognized.

Cecilia Jamasmie | September 30, 2021 | 3:49 am

Decision comes after an unnamed company tried buying the miner's South African unit, which holds the mineral rights for the diamond project.

Cecilia Jamasmie | September 29, 2021 | 7:01 am

The company has been awarded three new concessions, one of which covers a deposit with more than 300,000 tonnes of copper.

Cecilia Jamasmie | September 29, 2021 | 3:45 am

Peru minister says $1.4bn Tia Maria mine a “no go”

Economy and finance minister Pedro Francke said Southern Copper should stop pushing a “socially and politically unfeasible" project.

Cecilia Jamasmie | September 28, 2021 | 11:01 am

Company is now re-engaging with local communities in the Pegasus gold-copper project to start test drilling in the second half of 2022.

Cecilia Jamasmie | September 28, 2021 | 7:03 am

The combined company will have a market capitalization of about $24 billion and 48 million ounces of gold reserves.

Cecilia Jamasmie | September 28, 2021 | 3:59 am

Teck Resources has been cited as one of the likely buyers for the Santa Rita open pit nickel-cobalt mine.

Cecilia Jamasmie | September 27, 2021 | 10:20 am

Suzhou CATH has agreed to invest more than $400 million to become a partner in the Australian explorer’s Manono project in southern DRC.

Cecilia Jamasmie | September 27, 2021 | 7:00 am

Locals have long complained about the lack of local benefits from the massive operation and periodically block roads in protest.

Cecilia Jamasmie | September 27, 2021 | 3:42 am

Miner said current talks are at an early stage, adding there is no guarantee at this point that a transaction would materialize.

Cecilia Jamasmie | September 24, 2021 | 7:03 am