Chile’s Codelco to produce over 300 tons of silver this year
The company, already the world’s largest copper miner, wants to become one of the top silver producers too.
Cecilia Jamasmie , Editor-in-Chief
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Chile’s Supreme Court begins hearings on Barrick Gold’s appeal to $16m fine
The appeal follows a confusing ruling in March this year that revoked the penalty, the largest ever imposed in the country, only to force the country's environmental watchdog to rewrite it.
Freeport, Indonesia reach preliminary deal over copper exports
Newmont, instead, was called to return to the negotiation table or face the consequences.
India’s coal power plants about to run out of stocks
Government said close to a half of the country's coal power plants only have enough stocks to last a week.
Massive layoffs expected in Zimbabwe as diamond deposits run out
It has become economically unviable for miners to dig any deeper for the precious stones.
CME/Thomson Reuters bid in lead for the silver fix— reports
The Chicago Mercantile Exchange/Thomson Reuters joint bid has emerged as the frontrunner to replace the current price process, which formally ends on August 14.
Canadian oil sands economic impact highly overrated: poll
A majority of Canadians overestimate the contribution the oil sands make to the world’s 11th largest economy, a study published Friday reveals.
Namibia advances plans of selling diamonds without De Beers
Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.
Top South African miners leave the World Gold Council
As members pay per ounce of metal produced, both companies said they had to look at the cost-benefits of staying in the organization.
North River secures $12m to restart Namib mine, shares shoot up
Deal will allow North River to fast-track the development of its flagship lead and zinc mine.
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.
