Lonmin plans to cut 4,100 workers as it closes platinum mines
The platinum producer has started a process that’s required under South African labor law to carry out the workforce reductions.
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Tanzania fines Acacia Mining $2.4m over alleged pollution
Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.
Sibanye keeps option to increase Lonmin offer against rival bid
Sibanye Gold reiterated that its increased offer for Lonmin is final, but kept its option open to sweeten the deal for the platinum producer should a rival bid emerge.
Nothing seems to matter in copper markets, except the trade war
Copper is slumping toward a three-month low even after Zambia moved closer to nationalizing some of its mines.
Controversial Australia coal mine boosted after shock vote
A surprise election victory for Australia’s pro-coal ruling Coalition is ratcheting up pressure on the Queensland state government to approve development in one of the biggest untapped reserves of the fossil fuel.
Peru leader seeks to rebuild trust in graft-hit political class
Underpinning investor confidence are the country’s vast mineral riches.
Venezuelan NGO says illegal mining runs rampant in protected, Indigenous land
Kapé-Kapé says that guerrilla groups and illegal miners have joined forces and are destroying protected areas in the southern Bolívar state.
Canada vows ‘full steam ahead’ on ratifying trade pact after US lifts metals tariffs
"We were very clear that as long as the 232 tariffs were there it would be very, very hard for us to ratify the new NAFTA," Foreign Minister Chrystia Freeland said on Saturday.
BHP joins forces with prospect generator to explore Mexican copper project
Dr. John-Mark Staude, president and CEO of Riverside Resources, sits down with Maurice Jackson of Proven and Probable to discuss his company's just-announced exploration funding agreement with BHP.
