Turquoise Hill CEO quits on Rio Tinto meddling
Ulf Quellmann has resigned after top shareholder Rio Tinto told the Canadian miner it plans to vote against his re-election.
Cecilia Jamasmie , Editor-in-Chief
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Resource nationalism surge spells rough times for miners
Resource nationalism has been on the rise over the past year, but Verisk Maplecroft believes the worst is yet to come for miners as governments try to claw back the financial losses of the pandemic.
Rio Tinto chairman to step down over caves blast scandal
Simon Thompson is the latest high-profile departure linked to the miner’s destruction of ancient rock shelters in Western Australia.
First Majestic takes Mexico tax row to arbitration
Move seeks to resolve a running dispute between the miner and Mexican authorities over how the silver producer is taxed in the country.
Fresnillo cautious on 2021 outlook despite soaring profits
Uncertainty related to the ongoing impacts of covid-19 in Mexico, its focus market, takes part of the shine off the miner's full-year profit.
Rio Tinto, Mongolia agree to replace Oyu Tolgoi expansion plan
News of the agreement comes as the Australian Taxation Office has hit the miner with a new $317 million bill.
Rio Tinto hikes investment in the Pilbara
It has spent over $385 million (A$500 million) in the past year to continue developing the Greater Tom Price iron ore operations.
Gemfields to restart mines after covid-triggered halts
Both Kagem emerald mine in Zambia and Montepuez ruby mine in Mozambique will restart production in a phased manner in mid-March.
Alrosa puts walnut-size diamond up for sale
The 242-carat diamond is one of the largest gem-quality ones mined by the Russian company since 2000.
Scotgold shares fall on Cononish mine delayed ramp-up
The Scottish miner also said that slower than anticipated labour build-up and training will impact March production.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
