September 3, 2019

Tech billionaire backs new demand on BHP over climate action

Australian billionaire Mike Cannon-Brookes is among backers of a new demand on BHP Group to suspend ties with industry groups that are seen as hindering efforts to meet global climate…

September 3, 2019

Endeavour increases indicated resources at Fetekro by 141%

Indicated resources at the Ivorian greenfield project now total 1.2Moz.

September 3, 2019

Gran Colombia signs LOI to spin off Venezuela project

Gran Colombia will receive $20 million in common shares of Western Atlas as part of the deal.

September 3, 2019

Venezuela gold reserves drop by $1bn in H1 2019

The value of the gold bars in central bank vaults fell to $4.62 billion, down 18.5% from $5.67 billion dollars at the end of 2018 - the lowest in 75…

September 3, 2019

Zambia mining firms say mineral royalties should be capped at 7.5%

Africa's No. 2 copper producer increased its sliding scale for royalties of 4 to 6% by 1.5 percentage points and introduced a new 10% tax when the price of copper…

September 3, 2019

Santacruz Silver updates Veta Grande resource estimate

The update applies a nominal cut-off value of 100.0 g/t AgEq for the project’s Panuco deposit.

September 3, 2019

Australia’s greenfield exploration spending up 57%

Total mineral exploration expenditure in the last quarter rose 31.1% to A$663.1 million.

September 3, 2019

Glencore wins transfer pricing court battle with Australian tax office

Australia's tax office ruled the company had paid the correct amount of tax on purchases of copper concentrate from a New South Wales mine.

September 3, 2019

Lucapa Diamond profit up, hits record production at African mines

The Australian miner posted a $1.1 million profit for the six months to June, compared to the $4.3 million it lost in the same period last year.

September 2, 2019

India’s seizures of smuggled gold jumps in June quarter

The illegal trade could rise further in coming months as India, the world's second biggest gold consumer, raised an import tax on gold.