Vedanta mulls options for Indian iron ore workers after shutdown-sources
Vedanta is considering options including lay-offs for some of the 2,000 employees of its iron ore business that was shut down by a court.
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Romania says Gabriel Resources $4.4bn lawsuit over halted project can’t be heard by arbitrators
Country alleges a court decision had slammed the door on certain investment arbitration cases involving European Union members, so Gabriel’s case can’t be solved that way any longer.
Japan’s Sumitomo Metal says global nickel deficit to widen this year
Global demand for nickel is increasing by 7.3 percent in 2018 from last year to 2.298 million tonnes, while supply rises 6.8 percent to 2.210 m tonnes,
Iron ore price: BHP adds high-grade, lump ore for just $42 a tonne
BHP building $3.4B mine amid surging lump premiums, high-grade fines prices up 30% in a year, is latest indicator iron ore is once again a mining cash cow.
South Africa’s Sibanye confirms all five missing miners’ dead
Sibanye-Stillwater has recovered the body of the fifth and final missing mine worker after a three-day search.
RANKED: Commodities that are added to mining company names
No surprise who the winner is.
Nevsun extends life of its Bisha mine in Eritrea until the end of 2022
Decision gives 18 months more than planned to the operation, which would result in additional production of 470 million pounds of zinc and 52 million pounds of copper during that period.
Erdene becomes first cross-listed firm on the Mongolian Stock Exchange
The listing also makes Erdene the only precious metals exploration and development company currently registered on the exchange.
Brazil’s new mining code rules rolled out
The new rules are a clear effort to improve the current legislation as seamlessly as possible, but in close attention to the international industry dynamics and to a number of other sensitive issues (such as environmental recovery and security).
