December 7, 2020

Steinmetz to face corruption charges at Geneva trial

Israeli diamond tycoon is accused of paying or having arranged to pay $10 million in bribes, in order to obtain mining rights over the vast Simandou iron ore project.

December 7, 2020

Miners launch strike at Resolute gold mine in Mali

Workers at Syama gold mine have launched a five-day strike in a dispute over policy on covid-19.

December 7, 2020

Dominion Diamond strikes deal to sell Ekati mine

Operations at the mine are expected to restart no later than January 29, 2021.

December 7, 2020

Pure Gold shares up on Red Lake results

The drill highlights include 2.9 metres of 23.4 g/t gold; 6 metres of 10.3 g/t gold; and 2.2 metres of 13.7 g/t gold.

December 7, 2020

China issues coal buying mandate amid supply shortage, price gains

Country's central state planner issued a mandate to coal buyers on Monday to sign medium and long-term contracts to ensure stable supplies next year.

December 7, 2020

OceanaGold soars on Philippine’s move to reopen Didipio

The news comes two months after the miner began laying off its workers, and 18 months into a mine blockade.

December 7, 2020

Decarbonizing electricity production in the US by 2035 less costly than expected

Meeting the 2035 deadline for decarbonizing electricity production would only eliminate 15% of the capacity-years left in fossil fuels power plants.

December 7, 2020

Fabled Silver Gold acquires Santa María mine in Mexico

The Canadian miner will pay over $4 million for the property.

December 7, 2020

IGO in talks to buy into Tianqi’s Greenbushes lithium mine

Australian nickel-gold miner IGO could buy up to a 25% stake, worth close to $1.5 billion, in the world’s biggest hard-rock lithium mine.

December 6, 2020

Mexican President said mining companies cannot refuse to pay taxes

Andrés Manuel López Obrador reminded miners that, since March, the Constitution forbids tax waivers and exemptions.