Tanzania’s new mining rules impose restrictions on foreign banks, insurers
Tanzania is seeking to take more of the profits from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.
Latest Stories
Eramet eyes expansion in electric vehicle metals
Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina.
Randgold looks to the Americas in quest to diversify
Flush with cash, Randgold is on the hunt for gold mines outside Africa.
Southern Copper wins auction for massive Peru copper project
Rio Tinto, Teck Resources, Hudbay were among copper miners interested in $2 billion Michiquillay project in Peru.
Barrick exec. to chair Global Mining Standards and Guidelines Group
Barrick Gold’s Chief Innovation Officer, Michelle Ash, will become the new Chair of GMSG in May 2018.
NovaGold up on better-than-expected drilling results for Alaska mega-project
Mineralized intercepts encountered higher grades than predicted by previous modeling, said the project owners NovaGold and Barrick.
AngloGold to revive Ghana mine that battled illegal miners
Obuasi is expected to start gold production by the third quarter of 2019.
Toyota to make cheaper electric motors by halving use of rare earths
Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.
Congo’s Kabila yet to sign new mining code as deadline nears
The President has 15 days from the time parliament sends him the bill to either sign it into law or return it to parliament for further deliberation. If he takes no action, the bill automatically becomes law.
