Liebherr to invest $45 million expanding footprint in US mining sector
Company is growing its Virginia facility, which will cover over 251,000 square feet once completed.
Cecilia Jamasmie , Editor-in-Chief
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BMW mining deals shelved until EVs can be mass-produced
The German luxury vehicle maker said mass production of EVs is not viable until 2020 when its proprietary electric drive technology is expected to be profitable enough.
Rio sells one of latest coal assets in Australia for $200 million
Australia's Whitehaven Coal is acquiring the Winchester South project, located in Queensland.
RNC mulls selling Aussie mine to focus on massive cobalt-nickel project in Quebec
The company's Dumont cobalt and nickel project in Quebec is the world’s largest undeveloped reserve of both metals, with over 1 billion tonnes of reserves and a 33-year mine life.
First Quantum dodges catastrophe as CEO moves to dispute tax bill
Zambia Revenue Authority claims the company owes $2.1 billion in penalties and $5.7 billion in interest.
Fura Gems kicks off initial production at iconic Coscuez emerald mine
Early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisition of the mine
Alrosa launches synthetics diamonds detector
The portable machine screens polished diamonds and jewellery, identifying synthetics as well as treated stones.
South Africa black ownership to roll out in May
Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South Africa’s mining sector was to finalize revised plans for black ownership in the industry in the coming weeks.
B2Gold says Mali’s new code won’t affect its Fekola mine
The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent.
Glencore snatches Rio’s Australian coal mine in $1.7bn deal
The acquisition includes Rio Tinto’s 82% stake in Hail Creek coal mine and its 71.2 % interest in the Valeria project.
First Quantum credit outlook improves on Cobre Panama progress
S&P has revised the miner’s rating to positive from negative on improved liquidity and a likely 2026 restart of its key copper mine.
