South African miners to pay 67% of acid drainage clean-up costs
The government will pay for two-thirds of the cost by collecting money from mining companies through a new environmental levy.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Silver Standard acquires Claude Resources in $337 million deal
With the deal, Saskatchewan loses its only home-grown gold miner.
South Africa chamber of mines says half of members in the red
Group represents the country's largest mining companies, including AngloGold Ashanti, Sibanye Gold and Impala Platinum Holdings.
Thailand to shut only active gold mine by end of May — report
Chatree remains in operations despite and order by the country's military regime last week to halt all gold mining and exploration activities.
Wildfire hitting Canada’s oil sands heart gets closer to major plants
Situation has forced some companies to abandon plans laid last week to restart production.
Billionaire Soros scoops up $264 million stake in world’s largest gold miner
Fund now owns a 1.7% stake in Canada's Barrick Gold.
Canadian oil sands camps evacuated as wildfire shifts north
Forest fires in Northern Alberta have forced additional evacuations at several major operations.
Rio Tinto forges ahead with Simandou, the world’s largest mining project
The massive Simandou project, in Guinea, is considered the world's biggest untapped iron ore deposit.
China’s ICBC buys giant London gold vault from Barclays
The deal, due to close in July, will make ICBC Standard the only Chinese bank to operate a vault in London.
Eldorado Gold to sell remaining assets in China to Yintai Resources for $600 million
The deal marks the end of Eldorado’s reign in China.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
