December 9, 2020

Newmont to extend Peñasquito mine life beyond 2040

Newmont will invest $10 million next year to build a pipeline of new exploration targets at Zacatecas, Mexico mine.

December 9, 2020

One union at Centinela reaches deal, another in talks

The Minera Esperanza union entered government-mediated negotiations with Antofagasta in late November.

December 9, 2020

Fortescue expects robust demand for steel next year

Miner has kept this year's total production forecast at 175 million to 180 million tonnes.

December 9, 2020

Gold miners must ramp up renewable energy to meet climate goals – WGC

Gold sector emissions need to be reduced by 80% by 2050 to be aligned with the Paris Agreement.

December 9, 2020

Rio Tinto should pay for sacred caves blast — inquiry

The parliamentary inquiry into Rio's destruction of a 46,000-year-old sacred Aboriginal site in May did not refer to what financial compensation the miner should pay.

December 8, 2020

Big mining stocks make spectacular covid comeback

Early running was made by gold stocks, but large-scale diversified companies and base metal producers have now caught up as iron ore and copper prices rally hard.

December 8, 2020

Diamond industry forecast for 2021 and beyond

Global diamond production this year fell by more than 20% to about 113 million carats.

December 8, 2020

Rio Tinto may face a fine when Australia cave inquiry reports on Weds

Even then, in the context of Rio Tinto's $123 billion valuation, the amount was not likely to be material.

December 8, 2020

Newmont to spend $500m over 5 years on climate initiatives

Company last month committed to a 30% reduction in carbon emissions by 2030, and net zero emissions by 2050.

December 8, 2020

Rio Tinto, Newmont move to promote gender equality in mining

The mining giants are part of the International Women in Resources Mentoring Programme.