Congo’s Gecamines to rework contracts with foreign partners
Some of the company’s international mining partners include major names such as Glencore, China Molybdenum and Ivanhoe.
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Pile-of-cash dilemma for mining industry once crippled by slump
With metals from zinc to palladium trading at multi-year highs, four of the world’s top producers generated combined free cash flow last year of about $87 million a day.
Randgold doubles dividend as CEO charges against DRC mining code
Randgold boosted divvy to $2 a share, after a year of record production and soaring profits, but warned the good times may be over soon as it’s now facing demanding new regulations in Congo, one of its key jurisdictions.
A third of S.Africa miners say no new investments in 2018 – survey
The mining sector in the world's top platinum producer has in recent years been laid low by soaring wage and power costs, depressed prices, violent social and labour unrest as well as policy uncertainties.
Guyana Goldfields goes underground, stops worrying about Venezuela
The Canadian company is set to invest $120 million to conduct underground gold mining for the first time in Guyana’s history.
Randgold calls Congo’s new mining code “draconian”
Mark Bristow says the law will “severely limit the growth of the mining industry in the DRC as well as the country's own economic prospects.”
US officials consider robots to prevent mine spills
Their main function would be to move through collapsing, rubble-strewn tunnels at mine sites to map them and analyze pollutants in groundwater.
Nickel crops most in two months as dollar rally fuels fund sales
Nickel prices slumped as much as 5.8 per cent to $13,185 a ton on the London Metal Exchange, retreating from two-year highs struck earlier in the week.
Governmental watchdog soon to investigate Canadian companies abroad
The initiatives are founded to advance human rights by supporting Canadian companies in operating responsibly.
