Lundin backs Filo del Sol project in Argentina by joining $75m placement
The Lundin Family Trusts will subscribe for up to C$70 million of the shares, and the BHP Group will subscribe for up to C$30 million.
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Argonaut ramping up Magino mill for first gold pour by mid-June
The initial 48-hour run of the mill was completed this week, and milling is scheduled to resume on June 4.
Gold price trends higher as market grows cold on July rate hike
Markets now see a 70% chance the Fed will keep rates unchanged next month.
Key railway serving South African iron ore exporters reopens
The line is used to haul iron ore and manganese from Kumba Iron Ore Ltd.’s giant Sishen mine and other operations to the port of Saldanha.
Newmont to invest $540 million in Cerro Negro mine in Argentina
Last year, Cerro Negro generated more than $500 million in exports.
Samarco reaches deal with certain creditors over debt restructuring framework
Vale said Samarco should emerge from the recovery process with a "lean capital structure".
BHP owes underpaid Australian workers $280 million
The company said it had incorrectly deducted leave on public holidays since 2010 for an average of six leave days in total per person.
Eramet no longer sees LME as benchmark for ferronickel
"The LME's problem is that it's pricing the pure ore. Meanwhile, nickel is less and less used as a pure metal," said Eramet's CEO Christel Bories.
Zimbabwe aims to double power output by 2025 to meet mining demand
The southern African country is reeling from power cuts of up to 12 hours daily.