Acacia pulls back from major gold mine in Tanzania
“The decision was driven by unsustainable cash outflows at the mine due to the concentrate ban and the operating environment,” company officials said in a statement.
Latest Stories
Zimbabwe completes gold mining probe
Deputy Minister of Mines and Mining Development, Fred Moyo, said that his team looked into production and trading circles
10% of Mexico’s territory available for mining
Active mining concessions add up to 25,716
Major copper producers lose record output
The world's major copper producers have lost a record amount of copper output due to strikes, power outages and low ore grades
Canadian government to spend $247M on roads to support Yukon mines
Justin Trudeau announced that the federal government will inject $247 million into the Yukon’s highway network.
CanAlaska hits high-grade uranium at West McArthur
Drills turning at CanAlaska Uranium's (TSXV:CVV) West McArthur project in Saskatchewan, Canada, have started to bear fruit.
Macquarie says iron ore, coal prices to remain strong into 2018
Prices for iron ore and coking coal, the two key ingredients for steelmaking, are set to remain buoyant for the remainder of the year, Macquarie Bank predicted in a recent report.
Canadian energy firms push alternatives to oil sands
Western Canada's conventional energy producers are looking to step out of the long shadow cast by the oil-sands sector to tout the economic and environmental benefits of light oil and natural gas development.
S. Korea’s SK Innovation starts production of batteries with more nickel
South Korea’s SK Innovation said on Thursday it has started commercial production of lithium-ion batteries with an increased portion of nickel, while reducing the usage of expensive components such as cobalt to extend battery life and cut costs.
