Tanzania-focused miners face fresh challenges as country passes laws on contracts renegotiation

Acacia hit by fresh roadblock in Tanzania ahead of Barrick’s bid deadline

The miner has been told to stop using North Mara's tailings storage facility on the grounds of alleged breaches of environmental rules.

Cecilia Jamasmie | July 17, 2019 | 3:51 am

Southern Copper to resume Tia Maria project in Peru as permit imminent

Fresh opposition to Southern Copper’s billion-dollar project in Peru

Locals claim the open-pit mine will damage crops and affect water supplies.

Cecilia Jamasmie | July 16, 2019 | 7:58 am

Governments from Mongolia to Mali seek to reopen mining deals

Rio faces $1.9bn cost blowout, delays at Oyu Tolgoi

The first sustainable production is now expected between May 2022 and June 2023.

Cecilia Jamasmie | July 16, 2019 | 3:52 am

Avesoro Resources to delist as top shareholder completes acquisition

Avesoro leaves mining at its Burkina Faso gold mine in someone else’s hands

Contract awarded to Orkun Group Sarl, could ease project funding pressure on the junior.

Cecilia Jamasmie | July 15, 2019 | 11:35 am

Codelco chooses 33-year insider to replace Pizarro as CEO

Octavio Araneda will replace Nelson Pizarro at the helm of Codelco from Sept. 1.

Cecilia Jamasmie | July 15, 2019 | 10:58 am

Trump’s rejection of uranium import limits expected to boost demand

He has rejected a recommendation by the Commerce Department to require US power producers to source up to 25% of their uranium from domestic mines, creating instead a working group to review the country’s nuclear fuel supply chain.

Cecilia Jamasmie | July 15, 2019 | 8:00 am

Antofagasta, Barrick get almost $6 billion after legal win against Pakistan

World Bank tribunal rules in favour of Tethyan Copper, a joint venture between the Chilean copper miner and Canada’s gold giant after seven-year battle.

Cecilia Jamasmie | July 15, 2019 | 3:55 am

Barrick shares crater as Tanzania troubles grow

Tanzania goes after Acacia’s flagship mine

North Mara, the company's largest mine, has not been affected by an export ban because it produces gold doré bars rather than ore concentrate.

Cecilia Jamasmie | July 12, 2019 | 8:24 am

Cornish Lithium turns to crowdfunding to finance UK project

It wants to raise £1m to support further drilling for subterranean lithium-bearing brines in the ancient mining region of Cornwall, south-west England.

Cecilia Jamasmie | July 12, 2019 | 3:51 am

Australian coal rail line to Newcastle port partly reopens as flood waters recede

BHP may be the next big miner to wave goodbye to coal

It currently has two thermal coal units — NSW Energy Coal in Australia and Cerrejón in Colombia —, which are expected to generate just 4% of the company’s earnings this year.

Cecilia Jamasmie | July 11, 2019 | 9:50 am