South African miners to challenge new law in court next year
The firms are testing three aspects of the government’s revised mining charter.
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Endeavour bid for Centamin will boost mining interest in Egypt – minister
Egypt introduced a new mining law this year but has yet to publish the executive regulations.
Controlling shareholder grabs Avesoro Resources
West Africa-focused gold miner to delist from both the Toronto Stock Exchange and the AIM market of the London Stock Exchange.
Violent protests shut down key Rio Tinto mine in South Africa
The company closed Richards Bay Minerals unit on Wednesday and paused a $463 million expansion project amid escalating violence.
Endomines acquires Friday open-pit mine lease from NexGen
The companies entered into an assignment and assumption agreement.
European Investment Bank explains divestment from unabated fossil fuels
The EIB wants to focus on promoting solar energy projects in Spain and climate action investments in Latin America.
Vale aims to boost nickel production by 70%
The company will divest its New Caledonia operation, eyes Indonesia for expansion.
Firestone Diamonds’ Liqhobong mine back at full tilt as power returns
Processing was halted from Oct.1 to Oct. 26, when diesel generators were commissioned. The plant then operated at between 80% and 90% capacity throughout November.
2020 renewables use spike not enough to meet climate change goals
According to The Economist Intelligence Unit, global energy consumption from renewables will jump by 14% next year, yet not enough to solve a climate crisis.
