China to revoke over 1,000 iron ore mining licences amid pollution crackdown
Figure represents about a third of the country's iron ore mines currently in operations.
Cecilia Jamasmie , Editor-in-Chief
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Brazil’s president revokes decree allowing mining in Amazon
It would have opened up for mining a vast national reserve in the country’s Amazon, larger than the size of Switzerland.
BHP says 2017 a ‘tipping point’ for electric cars
Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.
PotashCorp hires banks to lead sale of stake in Chilean lithium producer
Rumours point at US chemical company Albenarle Corporation as the first potential buyer for PotashCorp interest in SQM, worth about $4.5 billion.
Total to wait for better oil prices before selling Canadian assets
CEO Patrick Pouyanne said the company’s priority was "value over volume", adding that oil sands were among the high breakeven projects in Total's portfolio.
Banro halts gold mine in Congo as access road blocked
The Canadian miner said measure was taken after violent groups blocked main road to the mine, which has prevented essentials from reaching the operation.
Canada’s Cenovus to sell Suffield assets in Alberta for $512m
The sale of the Suffield assets to to International Petroleum Corporation is expected to close before the end of the year.
Anglo’s plan to further expand vast iron ore mine in Brazil hits roadblock
Public prosecutor for the state of Minas Gerais, where the iron ore mine is located, ordered the company to reschedule two public meetings as it had failed to inform of it to all communities potentially affected by the planned expansion.
Acacia’s Buzwagi mine in Tanzania to produce just gold bars until it shuts
Gold bars are not impacted by the export ban on gold and copper concentrate imposed by the Tanzanian government in March.
Iron ore sheds almost 4 pct more — worst week since May 2016
The commodity has fallen every week so far in September.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.