Russia sets new MET tax for metals firms, drops idea of new profit tax
The concept will be revised and will not be introduced at least until 2023.
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South Africa mines plan $2.7 billion investment in power generation
Mining companies have been pushing to develop their own power plants because of persistent power cuts imposed by state power utility Eskom.
Asante Gold invests $5 million in Roscan
Roscan's primary asset is the Kandiolé project, located east of B2Gold’s Fekola mine in West Mali.
Gemfields swings to profit after reopening mines
It posted a $23.8 million-net profit, which compares to a loss of $56.7 million in the same period last year.
First Cobalt resumes drilling at Iron Creek
Idaho's Iron Creek is one of only two primary cobalt resource projects in the United States.
South African mines have vaccinated about 45% of their workforce
South Africa’s mining industry contributes about 8% to the national gross domestic product.
Iron ore price stable while China prepares for ‘possible storm’
Chinese authorities asked local governments to prepare for the potential downfall of debt-ridden China Evergrande Group, according to the Wall Street Journal.
Sandfire Resources to buy giant Spanish copper complex for $1.9bn
Acquisition of Minas De Aguas Teñidas would turn the company into one of Australia’s largest copper-focused metal producers.
Missing worker at Sibanye’s Kloof gold mine found dead
An investigation into the cause of the incident, including the reasons the employee ventured into an area he should not have been in, will be carried out.
