South Africa halts new black ownership rules for mines
The suspension follows a pending a judgement in an urgent interdict application by the country's Chamber of Mines.
Latest Stories
Acacia agrees to pay higher taxes set in Tanzania new mining law
It means that the miner, which had revenue of $1bn last year, will pay about $31 million extra in royalties a year.
Massive copper mine tests Trump’s push to slash regulation
The Resolution copper project in Arizona would be a prototype for a looming era of more invasive US mines as companies run out of easy-to-reach deposits.
Frank Giustra builds another gold producer
The Critical Investor discusses a proposed business combination that would transform an explorer into a developing producer with major assets in Nevada.
Coal mine crackdown dims prospects for Mongolia’s fortune seekers
Working 50 metres (164 feet) under ground with minimal air supply, Uuganbaatar is one of thousands of Mongolians trying to make a living digging for coal.
Forecasts for uranium price all point up
Uranium improved to an 8-week high this week, but consensus forecasts are for a 35% rise over the next 12 months.
AngloGold taking Tanzania to UN court over country’s new mining law
The miner said it continues to seek a “constructive dialogue” with the country's government to gain assurance that its operations will not be affected by newly enacted mining law.
Luxembourg becomes first European country to pass space mining law
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
Iron ore price hits 10-week high on China renewed appetite
Ore with 62% content in Qingdao added $1.86 overnight to close at $65.91, the highest since May 3 and 20% more than those year lows hit mid-June