Congo gives up plans to change mining code
The move could have driven away investors at a time of historically low commodity prices and energy shortages that are driving down output in the country.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
World’s second-largest diamond ever found named ‘Our Light’
Canada's Lucara Diamond had launched a a competition to name the rock earlier this year.
Here is how you open a safe in less than 5 seconds thanks to a rare earth magnet
Using a rare earth magnet anyone can exploit the nickel piece in a safe and get it open without any damage.
Colombia bans mining in country’s vast moorlands
Mining in the area of the Andes mountains right above the continuous tree line had been prohibited since 2011, but concessions granted before such ban had continued to date.
Indonesia sends team of experts as worker still trapped at Newcrest mine
The incident happened at Gosowong's Kencana mine — the same area where two men were trapped underground for eight days in December 2010.
Leakage at Anglo American’s Los Bronces mine forces firm to halt grinding
Firms says the affected pipe only carries ground ore mixed with water.
Randgold raises dividend despite profit slump
The firm also said it would continue to invest in exploration, which remains the engine that drives its business.
Gold bulls keep smiling — metal price pushes past $1,200 mark
Spot gold reached a peak of $1,201.40 an ounce, it highest level since mid-June.
Bankrupt Alpha Natural Resources lays off over 230 coal miners
This is the third time in a month the U.S. coal miner downsizes its workforce.
Tahoe Resources adds Canadian gold mines to portfolio by buying Lake Shore
Tahoe Resources has agreed to buy Canadian precious-metals miner Lake Shore Gold in an all-stock deal valued at Cdn$945 million ($678 million).
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.
