Indonesia completes contract amendments with coal miners
Indonesia has now amended contracts of all 68 coal mining companies, marking victory for the government after earlier miner resistance to adopt to new terms.
Latest Stories
De Beers’ diamond venture in Namibia axing at least 130 jobs
Move seeks to ensure the sustainability of Namdeb land-based operations.
Costa Rican presidential candidate blasts ecologists, says he would bring mining back
Conservative Diego Castro called environmentalist groups "eco-terrorists."
Vale confirms talks with BHP over Samarco exit
During a meeting with investors and analysts in Sao Paulo, Vale’s investor relations director, André Figueiredo, said it seemed “natural” for his company to become the sole owner of the project.
Lucapa finds monster diamonds at Lulo, including largest coloured one
The Australian miner has also unearthed the tenth +100 carat stone recovered from Lulo since mining operations began two years ago.
Supply disruptions could boost copper prices -Chile’s Cochilco
Cochilco, Chile's state copper commission, raised its estimated 2018 avg price for the metal to $3.06 per pound from its previous forecast of $2.95.
`Disastrous’ deals sideline gold-mining M&A as metal rises
Stung by some lousy investments that led to billions of dollars in losses a few years ago, the world’s major gold producers have cut back on mining deals.
Rio Tinto says SEC fraud case should be dismissed
The SEC had accused Rio Tinto, Albanese and Elliott of concealing the deteriorating value of assets at Rio Tinto Coal Mozambique.
Time to own gold: Sharps Pixley
"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.
