Strike shuts off 1.2 mln T bauxite output at Guinea SMB mine
The company had already lost between one million to 1.2 million tonnes of scheduled bauxite production because of the strike.
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Congo miners continue to press gov’t for code revision
The Minister of Mines will work with the inter-ministerial commission ahead of presenting the 2018 Mining code to government for approval.
Alrosa steps up diamond marketing as miner eyes more cutting
Alrosa has traditionally focused on rough-diamond mining but is gradually changing its business after Sergey Ivanov became CEO a year ago.
A crypto tycoon, banking heir and the mysterious fight for gold
For the second time in a year, London-listed miner Petropavlovsk Plc is in the middle of a shareholder coup to throw out the board and revive its fortunes.
Lonmin cuts H1 loss and trims spending ahead of Sibanye merger
The proposed deal with Sibanye is conditional upon Lonmin retaining a positive cash balance by the time it is to close in the second half of the year.
Glencore, Barrick expect prospecting licence for Tanzania nickel project
Tanzania is seeking a bigger slice of the pie from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.
Canadian explorer looking to restart Europe’s last tin mine to list in London
Vancouver-based Strongbow Exploration expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which will use to study the feasibility of resuming production at the South Crofty tin mine in Cornwall.
IDM Mining expects environmental permits for Red Mountain by Sept.
The company expects both the province and the federal government environmental decisions on the gold-silver project to be issued in the third quarter of the year.
China’s steelmaking raw materials extend gains on firm demand outlook
The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and as iron ore inventories at ports decline.
