Congo taps Portugal’s Mota-Engil to revive copper rail link
The major railway project linking Angola’s Port of Lobito to Africa’s Copperbelt promises to significantly reduce transport times.
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Heavy-handed revenue enforcement a threat to Congo mining sector, warns president
President Tshisekedi instructed the economy, finance and mines ministries, along with revenue agencies, to ensure enforcement actions are legally justified.
Stormlands AI remodels Bralorne, results show higher NPV
Using updated commodity pricing, Stormlands increased life-of-mine revenue from $551.9 million to $841.2 million.
MAX Power launches hydrogen validation drilling program
The multi-well commercial validation drill program is in search of what the company calls “world’s first large-scale commercial discovery of natural hydrogen.”
Regis quits Vault chase, clearing way for Genesis takeover
Genesis is now set to secure the $3.9 billion acquisition of Vault, ending a bidding battle fuelled by record gold prices.
Codelco chair puts profit ahead of copper output
New chairman Bernardo Fontaine orders a strategic reset as debt, weak production and governance issues weigh on the miner.
De Beers idles South Africa’s top diamond mine for two years
Cost-cutting measures deepen as the miner restructures operations and prepares for a long-awaited sale.
India power giant seeks uranium assets overseas in nuclear push
State-controlled NTPC Ltd. issued a tender to appoint consultants that will help identify assets in Canada, Australia, Kazakhstan and South Africa.
ING weighs Venezuela commodity deals as client requests rise
“We’re getting a lot of requests from traders so we’re looking at it," ING says.