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.
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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.
Relief for Rusal, but aluminium’s political risks remain
The United States has thrown Russian aluminium company Rusal a lifeline by loosening sanctions imposed on the company in April.
South Africa imposes tough conditions on Sibanye-Lonmin deal
The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.
Lithium Power closer to start mining at Chile’s Maricunga
The Maricunga project in northern Chile has seen significant past exploration, with over $30 million spent to date.
The great oil sands era is over
Fort McMurray was once the second coming of the Klondike. Now, this oil town must adjust to the end of the boom.
South African unions sign wage deal with AngloGold Ashanti
Three-year wage deal may inch the country's gold industry a closer to ending a standoff over pay.
Petra Diamonds CEO to leave following shares value dip, debt increase
Johan Dippenaar has held the top position since 2005, when Petra merged with Crown Diamonds.