December 16, 2020

Rio Tinto’s $6.7bn Oyu Tolgoi expansion to begin in 2022

The update on budget and timeline for the expansion didn't provide clarity on the funding and economics surrounding the giant project.

December 15, 2020

Barrick to start drilling at Pueblo Grande project

Company has mobilized two drill rigs to Precipitate’s project in the Dominican Republic to begin exploration drilling.

December 15, 2020

Freeport lower 2021 copper charges signal sixth drop for benchmark

Spot treatment charges in China are languishing at their lowest level in eight years.

December 15, 2020

Strike averted at Centinela as union accepts offer

The agreement followed the company’s offer of a 36-month contract, a 2% salary increase and contract-signing bonus of $23,500 per worker.

December 15, 2020

Rio Tinto willing to help improve iron ore pricing system – China steel body

CISA recently called on regulators in China to investigate a spike in prices on the Dalian Commodity Exchange, saying there were signs speculators had piled in.

December 15, 2020

Glencore expands worldwide satellite monitoring of tailings dams

Company has entered into an agreement with satellite-based services provider Tre-Altamira to expand monitoring to over 110 of its dams worldwide.

December 15, 2020

Australia PM warns of ‘lose-lose’ in any China coal shift

Chinese media reported that China's top economic planner had granted approval to power plants to import coal without clearance restrictions, except for Australia.

December 15, 2020

Fire breaks out at Vale mine amid protests in New Caledonia

Last week, Vale suspended operations in New Caledonia amid the unrest.

December 15, 2020

De Beers buys time to close diamond deal with Botswana

It has extended a ten-year sales agreement with Botswana by a year due to logistical challenges caused by the coronavirus pandemic

December 14, 2020

Some big Mali gold mines not affected by general strike

Country's main workers union on Monday began a 72-hour strike over pay.