Zambia’s Lungu seeks new investor in Vedanta-controlled copper miner
London-listed Vedanta said in a statement that it was seeking an urgent meeting with Lungu over the future of KCM.
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SolGold in talks to finance long-life Ecuador copper project
Ecuador has attracted a flurry of interest from big miners eager to increase their exposure to copper.
Lonmin plans to cut 4,100 workers as it closes platinum mines
The platinum producer has started a process that’s required under South African labor law to carry out the workforce reductions.
Tanzania fines Acacia Mining $2.4m over alleged pollution
Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.
Sibanye keeps option to increase Lonmin offer against rival bid
Sibanye Gold reiterated that its increased offer for Lonmin is final, but kept its option open to sweeten the deal for the platinum producer should a rival bid emerge.
Nothing seems to matter in copper markets, except the trade war
Copper is slumping toward a three-month low even after Zambia moved closer to nationalizing some of its mines.
Controversial Australia coal mine boosted after shock vote
A surprise election victory for Australia’s pro-coal ruling Coalition is ratcheting up pressure on the Queensland state government to approve development in one of the biggest untapped reserves of the fossil fuel.
Peru leader seeks to rebuild trust in graft-hit political class
Underpinning investor confidence are the country’s vast mineral riches.
Venezuelan NGO says illegal mining runs rampant in protected, Indigenous land
Kapé-Kapé says that guerrilla groups and illegal miners have joined forces and are destroying protected areas in the southern Bolívar state.
