December 5, 2017 Diamond Fields to resume mining off Namibian coast next year The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.
December 5, 2017 Indonesia to grab Rio Tinto stake in Grasberg mine After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40%…
December 4, 2017 De Beers steps up efforts to remove ‘conflict diamonds’ from the market Diamond giant is investing in an open platform that will allow tracing a rock throughout the entire value chain — from mine to buyer.
December 4, 2017 Rio Tinto aims for “intelligent” Australian iron ore mine This intelligent mine would cost around $2.2 billion to develop and incorporate technologies such as robotics, driverless trains and trucks on a single site.
December 4, 2017 Rio Tinto appoints one of its own as the company’s new chairman After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.
December 1, 2017 World’s top copper miner wants CEO to stay to contain costs “A lot of people including myself are promoting the idea that Nelson continues on as CEO for a couple of years if possible,” said chairman Oscar Landerretche.
December 1, 2017 Barrick Gold just bought more than $9 million worth of shares in this junior The non-brokered private placement gives Barrick about 15% of Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects in South America’s North Atlantic coast.
November 30, 2017 Chile’s Codelco plans environmental impact pricing for copper Under the new terms, Codelco's copper cathodes will be certified in eight ways that take environmental footprint of production into consideration.
November 29, 2017 PotashCorp CEO confirms Chinese interested in lithium producer SQM Chinese firms have shown “broad interest” in buying PotashCorp’s stake in the Chilean lithium producer SQM, according to chief executive Jochen Tilk, who declined to name interested parties or the…
November 29, 2017 Copper execs see balanced market, warn on rising costs, regulation Representatives of major mining companies believe the global copper market will be balanced for the foreseeable future even as mine supplies tighten and demand from China, the world's top consumer,…
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am