August 20, 2021

Congo initiates probe into China Moly’s Tenke Fungurume mine

The government established a commission to ensure company is complying with its contractual obligations regarding the giant copper and cobalt project.

August 20, 2021

BHP fired 48 workers in two years for sexual harassment

Between 2019 and 2021 BHP received six confirmed cases of sexual assault and 73 of harassment at its FIFO mines.

August 19, 2021

Zambian mines look to new leader to unlock $2 billion investment

Companies including First Quantum Minerals and EMR Capital are ready to raise funding for the projects.

August 19, 2021

Chile court orders BHP’s Cerro Colorado mine to stop pumping from aquifer

A ruling in January by Chile's Supreme Court upheld local indigenous communities' complaint.

August 19, 2021

PFS for Newcrest’s Cadia PC1-2 delivers attractive economics

Newcrest expects to begin the early works program for the expansion by the end of this year.

August 19, 2021

BHP’s Noront bid hits impasse as Wyloo won’t budge

Wyloo said it is considering making a "superior" offer to acquire the remaining stake in the Canadian nickel miner.

August 19, 2021

Copper price hits six-month low as China reins in growth, covid fears rise

Mining stocks also slid, with BHP down more than 18% from the previous week, Freeport-McMoRan down 16%, and Glencore down 12%.

August 19, 2021

Gold Fields’ profit doubles, new CEO to look at acquisitions

The company expects to end the year with production of 2.3-2.35 million ounces of gold with no change to the production guidance.

August 19, 2021

Chile’s drought forces Antofagasta to cut copper guidance

It now expects to produce between 710,000 and 740,000 tonnes of copper this year, down from 730,000 to 760,000 tonnes previously forecasted.

August 18, 2021

Russell: BHP’s petroleum exit shows oil and gas may follow coal’s path to toxic status

It's likely that this deal signals that the era of paying premiums to acquire oil and gas assets is over.