Ivanhoe transfers 26% of S. Africa’s platinum project to locals
It has given 20% to 20 local groups, 3% to black entrepreneurs and managerial employees, and another 3% to historically disadvantaged South African staff.
Latest Stories
Iron ore price hits unwelcome 5-year-low
After flirting with a five-year low for about a month, the iron ore price fell to the lowest price since October 2009.
About $50bn in mining investment expected in Guinea by 2025
But some of the nation's resources that are considered among the world’s largest, such as the Simandou iron ore deposit, face both financial and political challenges.
Glasenberg pooh-poohs Anglo takeover
There's a history there of course. Just ask Mick Davis.
Trevali discovers new zone at New Brunswick project
New multi-lens zone at Stratmat deposit, part of the Vancouver-junior's past-producing zinc-lead-copper-silver-gold project in the Bathurst mining camp.
Soros signals Argentina’s shale is biggest place to be
George Soros has doubled his stake in YPF SA, the state-owned oil company in Argentina, which sits atop some of the world’s largest shale oil and gas resources.
Raj Ray: miners’ cost cutting set to deliver in late 2014
When gold prices plunged in late 2013, gold producers took notice and developed mine plans that offered greater flexibility in troubled times. But even the best plans take time.
Glencore’s Dominican mine saved by the President
President Danilo Medina vetoed bill creating a National Park, which would have blocked the expansion of Glencore's Falcondo mine.
Australia kills unpopular mining tax
The decision is considered a key political victory for Prime Minister Tony Abbott.
