Eldorado demands $877m from Greece as compensation for permit delays
The non-judicial request relates to damages suffered by the company as a result of a longer-than-expected wait for its Skouries project's permits.
Latest Stories
Sirius Minerals buys its way into Brazil
Miner announced a share swap Monday, handing over £27m of stock for a 30 per cent stake in Cibra, Brazil's sixth largest distributor and a subsidiary of the privately held Omimex Group, a Texan oil and gas company.
Glencore, China Moly face higher cobalt royalty taxes in Congo
The Democratic Republic of Congo will declare cobalt a strategic metal, imposing a 10 percent royalty tax on producers.
Solar with batteries cheaper than gas in parts of US Southwest
Natural gas-fired power plants will be facing more price competition from solar farms in some parts of the U.S. as battery costs fall.
Ramaphosa gives taste of plan to kickstart South African economy
Ramaphosa revealed highlights of the plan at a Sept. 14 meeting and the full package should be announced at the Oct. 24 midterm budget.
Russian giant copper project aims to raise $1.25B in 2018
Spurred by high global appetite for cooper, the company in September started preparing the site for construction of a massive plant at the deposit.
Philippines president repeats desire to “close all mining” after landslides
Environment and Natural Resources Secretary ordered all small-scale mining stopped in the Cordillera region, where landslides killed 24 people.
South Africa’s Eskom has coal shortages at 10 power plants – spokesman
Eskom said on Monday that it had fewer than 20 days of coal supplies at 10 of its 15 coal-fired power stations, posing a threat to national power supplies.
