Fate of South African gold rests on giant, loss-making mine
The South Deep mine was built to target the world’s second-biggest known body of gold-bearing ore, a deposit that could produce for the next 70 years.
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Indonesia unlikely to change coal supply, pricing rules until 2019
Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated.
Anil Agarwal given more time to make firm offer for Vedanta Resources
He has been given more time to make a firm offer or walk away from a deal to buy out minority shareholders in Vedanta Resources for 778 million pounds ($1 billion).
Randgold to revise full-year forecast as readies Tongon mine for restart
As a result of the latest stoppage at the Ivory Coast mine and the time it will take to bring it back on line and at full tilt, Randgold will have to review its 290,000-ounce gold output forecast for the year.
Codelco’s Chuquicamata copper mine hit by strike, blockage
Workers have downed tools and blocked access to the mine in protest of the "unjustified layoff" of two colleagues.
Caterpillar says tariffs will wipe out up to $200M
Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.
Environmentalists worried about prospecting in New Zealand’s South Island
The government lifted a moratorium for prospecting permits on 7,828 square kilometres on the northern part of the South Island.
India’s state-owned miner to start digging for local gold
Chigargunta-Bisanatham will be an underground mine and it would mark the first time the NMDC develops this type of operation.
Pebble’s Draft Environmental Impact Statement to be ready in January
A “scoping report” based on 175,000 comments will be published in August 2018.
