ArcelorMittal, South Africa near funding deal to save mills
The government plans initial support of about 500 million rand specifically to pay steelworkers over a period of six to eight months.
Latest Stories
PDAC JV video: Poor performers force quality juniors into steep discounts, Fury Gold CEO says
Excessive spending and stretched financing by project developers push even good projects into steep discounts, Fury Gold Mines CEO Tim Clark says.
PDAC JV Video: How Rithmik Solutions bets on mining’s digital shift
“We are not just reacting to market changes; we are driving them,” COO says.
Acid spill from Chinese-owned copper mine contaminates vital waterway in Zambia
The incident reportedly began on Feb. 18, when the tailings dam collapsed at the mine run by Sino-Metals Leach Zambia.
Gold price rises to record on Middle East tension, US economy concerns
Spot gold was up to $3,047 an ounce Tuesday afternoon in New York.
Top Calibre investor opposes Equinox’s $1.8 billion takeover
Calibre’s top shareholder has come out against the bid for the gold miner, casting uncertainty on the biggest bullion deal so far this year.
Column: China’s steel and iron ore swing between hopeful outlook and grim reality
China's iron ore and steel sectors are caught between expectations that conditions are about to improve and the reality that much of the current data is fairly soft.
Alrosa suspends operations at less profitable deposits amid sanctions
The suspension will affect deposits with an annual production of less than 1 million carats.
Russian court transfers zinc producer Dalpolimetall to state ownership
Russia's finance ministry on Tuesday said it intends to revive plans for major privatizations in 2025.
