Zimbabwe allows miners, exporters to keep more forex from exports
Over the years, the country has struggled to attract significant foreign investment.
Latest Stories
LBMA implements optical AI technology to trace gold bars’ provenance
The LBMA has engaged America’s Alitheon to generate a digital fingerprint for gold bars, which allows for irrefutable identification, authentication, and traceability.
Seriti to build South Africa’s largest wind farm to power coal mines
The 155-megawatt, $236 million wind farm will generate about 75% of the electricity Seriti needs to run its coal mines in South Africa.
Sojitz to sell stake in Gibraltar copper mine to Taseko
The Japanese trading house said reasons for offloading its interest in the Canadian mine included unstable operations, declining grades and increased risk of environmental liabilities.
Billionaire eyes investment in Argentina energy or mining
Australian billionaire James Packer explored investment options during a dinner late last year at a race track in Buenos Aires.
US detains Chinese aluminum suspected of forced-labor origin
Aluminum, and items made from the metal, now join cotton, tomatoes and polysilicon, in coming under scrutiny over links to forced labor in Xinjiang.
Brazil’s miners want Europe to help fight Amazon gold havoc
Brazil’s formal mining sector wants importing nations to require and enforce origin control.
Visualizing the scale of global fossil fuel production
How much oil, coal, and natural gas do we extract each year? See the scale of annual fossil fuel production in perspective.
Copper price falls as China’s reopening boost loses power
“We believe that the early January direction is correct but that the timing is slightly off,” said Saxo Bank.
