February 20, 2019

Glencore will ‘vigorously contest’ $680m tax demand

The tax demand from the British authorities is linked to transfer pricing

February 20, 2019

Glencore plans new buyback as trading profit disappoints

“They have so much cash they don’t know what to do with it. We’re glad that they are giving it back.”

February 20, 2019

AngloGold’s Colombia soil study cannot be halted by mayor — provincial authority

The mayor of the town of Jerico had ordered a suspension of the work in January after the council voted late last year to ban mining in the area.

February 20, 2019

Newcrest ups stake in Ecuador with Cornerstone deal

Australia’s largest gold producer has signed an option and farm-in agreement with Toronto-listed Cornerstone Capital Resources over two early stage projects in Ecuador.

February 20, 2019

Mining companies operating in Sub-Saharan Africa should invest in renewable energy — report

According to Fitch Solutions, off-grid mines could benefit from reducing their dependency on diesel while taking advantage of the region's favourable climate conditions.

February 20, 2019

Glencore yields to investor pressure, caps coal production

The mining and trading giant will cap its production of thermal and coking coal at about 150m tonnes per year, close to its planned output level for 2019.

February 20, 2019

Barrick and Tanzania reach proposal to settle country’s row with Acacia

The gold giant said it would approach the board of Acacia Mining to back the formal proposal that would settle a long-running dispute with the Tanzanian government.

February 19, 2019

ERG will suspend copper, cobalt output at Congo mine this month

Operations are being suspended while a feasibility study is conducted on building two processing facilities to treat ores at the site.

February 19, 2019

Lumina Copper faces charges, up to $55m fine for environmental breaches in Chile

This is not the first time the Chilean watchdog has fined Lumina.

February 19, 2019

Glencore to cut output, jobs at copper, cobalt mine in Congo – WSJ

The output cut is likely to be temporary as the company looks for new ways to mine copper, the report said.