BHP’s Australian shareholders vote to stay in coal lobby groups

Only 27% of votes cast at the company’s annual meeting in Sydney were in favour of cutting ties with industry organizations in favour of fossil fuels.

Cecilia Jamasmie | November 7, 2019 | 6:33 am

Congo challenges Canadian miner Banro’s declaration of force majeure

The gold producer invoked the legal clause that frees a company from meeting contractual obligations in September.

Cecilia Jamasmie | November 7, 2019 | 4:03 am

Zambia scraps plans to build giant copper mine in national park

Decision comes only a week after the country’s High Court gave Australia’s Mwembeshi Resources a license to build its Kangaluwi copper project.

Cecilia Jamasmie | November 6, 2019 | 9:22 am

Barrick’s profit nearly triples, but sees flat production for next five years

The world's second largest gold miner sees output reaching 5.15 to 5.6 million ounces a year between 2020 and 2024.

Cecilia Jamasmie | November 6, 2019 | 5:42 am

South32 exits thermal coal with South African assets sale

The miner, which spun out of BHP in 2015, has been trying to sell its South African thermal coal operations for more than a year.

Cecilia Jamasmie | November 6, 2019 | 3:50 am

Trump administration to relax regulations on coal-ash pollution

The EPA's proposal would unwind some of the requirements set in 2015 for treating toxic wastewater and ash discharge.

Cecilia Jamasmie | November 5, 2019 | 7:26 am

Lydian’s gold project in Armenia hits new roadblock

The miner will embark on further legal action to progress its stalled Amulsar gold project after being denied a water permit.

Cecilia Jamasmie | November 5, 2019 | 5:51 am

Lucara going ahead with $514m Karowe mine expansion

While the needed investment is expected to be paid back in under three years, Lucara has suspended dividends.

Cecilia Jamasmie | November 5, 2019 | 2:55 am

Bolivia walks away from lithium project with German company

Germany's ACISA, which employs just 20 people, was created solely to focus on building the now botched lithium mine in the Salar de Uyuni.

Cecilia Jamasmie | November 4, 2019 | 10:10 am

Antofagasta cuts expected copper output further due to Chile’s protests

While its four local mines are back in operation, the company has doubled it expected production loss for 2019 to about 10,000 tonnes.

Cecilia Jamasmie | November 4, 2019 | 7:08 am

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