Weir to buy Esco to add mining equipment as company revamps
Weir Group Plc plans to acquire U.S. competitor Esco Corp. as the U.K. maker of industrial pumps strengthens its focus on the mining industry.
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Sanctions fallout upends metals as aluminum, nickel burst higher
Aluminum rallied as much as 7.1 percent, a record intraday gain, to $2,718 a ton in London.
Labrador Iron Ore says workers reject IOC labor agreement
Shares of Labrador Iron Ore, which has a 15 percent stake in the company, fell 5 percent.
Australia’s South32 sees brighter manganese outlook, shares soar
The Perth-based miner plans to raise its Australian manganese production by 6 percent to 3.3 million wet metric tonnes.
Australia’s Pilbara Minerals to ship first spodumene cargo to China in Aug
Spodumene is a mineral mined as a source of lithium, a key ingredient in electric vehicle batteries, for which China is the world's biggest market.
Strike halts gold output at two Randgold mines in Mali — union
The strike at the company’s Loulo and Gounkoto mines is related to the payment of bonuses and will continue until the issue is resolved.
De Beers launches Sierra Leone-based pilot to remove ‘conflict diamonds’ from the market
The world’s top diamond miner will train artisanal and small-scale miners and provide them with tablets as well as a diamond “toolkit” to digitally track their stones throughout the supply chain.
Embattled Acacia Mining keeps losing money due to Tanzania tax row
Revenue in the first quarter slumped almost 50% due mainly to reduced operations at its flagship Bulyanhulu gold mine.
Argentinian government wants to change Glacier Law to boost mining development
The Deputy Secretary of Mining Policy said the world needs Argentina's copper, lithium, gold and silver.