Argentina passes mining act expected to create 125,000 new jobs
Agreement is part of plan to double investment in the sector to $25bn in eight years.
Cecilia Jamasmie , Editor-in-Chief
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Tanzania says Barrick to pay money owed by Acacia to Gov’t
Barrick confirmed chairman John Thornton met President John Magufuli for talks Wednesday, but didn't mention the details of what, if anything, had been agreed.
China’s Fosun spices up battle for Gemfields with 10% bid premium
Gemfields, which mines for emeralds and amethysts in Zambia and for rubies in Mozambique, had already received a buyout offer from largest shareholder Pallinghurst Resources.
Rio Tinto’s Silvergrass iron ore mine to begin production by year-end
The $338 million-project will take annual mine capacity from 5 to 10 million tonnes.
Trump has been good news for miners — Callinex CEO
Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.
Yancoal grabs Mitsubishi stakes in Rio Tinto’s coal mines in $940m deal
Chinese-owned Yancoal has signalled it may raise its bid for Rio Tinto's Hunter Valley coal assets, after striking the agreement with Mitsubishi to buy its stakes in the same mines.
Weir Group expands into Asia with Singapore firm acquisition
Move seeks strengthening the firm’s position as energy markets recover.
Tanzania accuses Acacia of illegal mining in fresh blow to Barrick’s subsidiary
Government accused the gold miner of operating illegally in the country and said it has been evading taxes.
K+S Bethune mine in Canada churns out first tonnes of potash
The mine, which began operations last month, is expected to produce 600,000 to 700,000 tonnes of potash this year and 2 million tonnes per year once at full capacity.
Gem Diamonds finds two large rocks at flagship mine in Lesotho
The last time Gem Diamonds had had made a significant discovery at its Letšeng mine before April this year was in 2015.
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.