Zambia court dismisses First Quantum bid to stop $1.4bn lawsuit
ZCCM-IH launched action in Oct 2016 to sue First Quantum over claims that the company borrowed $2.3bn from copper mining subsidiary without informing them.
Latest Stories
What could push oil to $100?
The consultancy expects crude demand this year to grow by 1.7 million bpd, and says Brent could touch above $100 a barrel in 2019.
Asia Gold-Bullish price outlook stirs moderate demand
Gold prices rose on Friday, putting them on course for a near 2 percent weekly gain, in anticipation of a further dip in the U.S. dollar.
Union, Colombia’s Cerrejon mine return to talks in bid to avoid strike
A 10-day voting period for union members to decide whether to stop work after failed talks ends on Monday afternoon.
Rio Tinto lifts force majeure at Kennecott copper mine
The company halted production of refined copper at its smelter at the Utah-based mine in October, following the death of a worker who was exposed to sulphur dioxide gases at the plant while removing debris from a boiler.
Glencore in ‘hiring frenzy’ as it readies to restart Lady Loretta zinc mine
Production at the Queensland-based operation was halted in 2015 because of falling zinc prices. Since then, prices for the metal have more than doubled.
Diamond ring awaits the author of the most creative marriage proposal
Alrosa to close its "She said "YES!" contest on February 14.
Alrosa ups Q4 diamond output, mulls Mir mine future
The Russian state-controlled diamond miner increased fourth-quarter production by 6 percent year-on-year to 10.1 million carats as a shutdown at its Mir mine was offset by higher output at other assets.
Rio Tinto talks loom as a lifeline for Freeport in Indonesia
When it comes to finally reaching a deal to secure Freeport-McMoRan Inc.’s long-term right to keep mining in Indonesia, the ball appears to be firmly in Rio Tinto Group’s court.
