Struggling small miners may lead to bigger industry woes
Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities.
Latest Stories
South African mining charter challenge dents Ramaphosa plans
South African mining companies are challenging parts of a government charter aimed at redistributing the country’s mineral wealth, saying it will deter new investment in the industry.
Firestone Diamonds halts Liqhobong mine expansion plans, limits losses
The Africa-focused diamond miner said current market conditions didn't support expansion project at the Lesotho mine.
Australia launches Critical Minerals Strategy 2019 focused on innovation and tech
The plan puts emphasis on emphasis on agritech, aerospace, defense, renewable energy and telecommunications.
Walker River and Smooth Rock to join forces in Nevada gold-copper project
The companies want to enter into an exploration agreement with an option to form a joint venture on the Garfield Flats project.
AngloGold approves underground expansion of Tropicana mine
Work is scheduled to begin in the June quarter, with first gold expected in the second half of 2020.
BHP is said to weigh bid for Blackstone-backed Bluewater
The Bluewater business, which is also attracting interest from closely held Fieldwood Energy LLC, is focused on deep-water exploration in the Gulf of Mexico and could fetch about $1.5 billion to $2 billion in a sale.
Brazil’s Vale announces writedowns, profit after dam disaster
Vale posted fourth-quarter profit of $3.786 billion, compared with $771 million a year earlier.
Rubicon boosts measured and indicated resources at Phoenix by 110%
The company has started a preliminary economic assessment which it expects to complete by year-end.
