US Congress passes bill on space mining
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Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Zijin Mining, Gold Fields among final bidders for Barrick’s Australian gold mine
Analysts believe Cowal mine may be worth at least $400 million, and that Barrick would likely get as much as $1.1 billion from the sale of both, the New South Wales' mine and Papua New Guinea’s Porgera.
US coal miner Murray Energy to lay off around 1,800
The planned cuts, about 21% of Murray’s workforce, will come largely at mines in Ohio and West Virginia, a state hit hard by recent coal mine closures and layoffs.
Metso places mining division in back burner as sales remain poor
Metso and its peers in a Nordic cluster of mining gear suppliers, including Atlas Corp., Sandvik and FLSmidth have been squeezed by spending cuts among miners in the last three years.
Struggling Argentina expects US$14 billion in mining exports
The return to higher exports would be driven in part by at least 16 major projects likely to go into production within five years.
Australia ditches iron ore probe after lobby, China-Brazil supply deal
The China-Brazil deal means that in just three years Vale will be producing more than BHP Billiton and Rio Tinto combined.
BHP to pay $25 million in 2008 Beijing Olympics bribery probe
The U.S. Securities and Exchange Commission concluded BHP did violate a U.S. anti-corruption law by paying for officials and their families to attend the Games.
EU lawmakers surprise with vote on ‘blood metals’ ban
The main objective of the legislation is to ensure that profits from those so-called “blood metals” — tungsten, tin, tantalum and gold — do not go to African warlords.
Mitsui mulls expanding into food, drugs sectors to offset profit drop
The firm created a new division in April to evaluate deals in those areas, and in the past six months has made mining infrastructure-related investments in the U.S. and Africa.
K+S on track to begin producing potash from Legacy mine next year
Legacy will be the first new potash mine built in Canada's Saskatchewan in the last 40 years.
How 2026 will reshape the US critical mineral resilience
Emerging federal activity shows two key themes: growing support for high-risk minerals and renewed focus on domestic processing technologies.
