New African rare earth mine to start production by year-end
Gakara mine, which operated for 30 years until 1978, is expected to restart commercial production in the fourth quarter of the year.
Cecilia Jamasmie , Editor-in-Chief
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BHP $2.5bn expansion of Spence copper mine in Chile approved
Company will make a decision on the plan in August.
Tanzania officials question Acacia Mining staff in legal spat with Gov’t
Early reports claimed that Tanzania had asked foreign workers of the gold miner to leave the country, but a spokesperson for the company denied that story.
Once rejected Nunavut gold project gets OK from board
If Canada's Minister of Indigenous and Northern Affairs, Carolyn Bennett, accepts the review board's decision, a project certificate could be issued before year-end.
Australian court rules against Fortescue in mining land case
While the decision doesn’t ban Fortescue from continuing to operate the mines, it paves the way for the group to sue the company for hundreds of millions of dollars in compensation claims.
Centerra gets some breathing room in dispute with Kyrgyz Republic
The arbitrator has sided with miner, allowing it to move forward with the case against the Central Asian country.
Activist investor Elliott calls BHP potash plans ‘disastrous’
Hedge fund manager says expanding into the currently over-supplied fertilizer market is just a bad idea.
Peru hit by nationwide mining strike; govt says situation ‘under control’
The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".
The world’s largest diamond miner just found two massive rocks
Both rocks, said ALrosa, are believed to be gem-quality.
Iron ore soars past $70 a tonne
Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13.
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.