MINING.COM

Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner

The world’s No.2 miner is selling its 40% in the giant Grasberg mine, the world’s second largest copper operation, to Indonesia’s state mining company PT Inalum.

Cecilia Jamasmie | July 12, 2018 | 3:28 am

Barrick clips 2018 copper production outlook, sees higher costs

Canada's Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine in Zambia.

Reuters | July 11, 2018 | 4:39 pm

Ecofiscal Commission urges Govt’s to make environmental disasters less likely by closing gaps in policy

Responsible Risk: How putting a price on environmental risk makes disasters less likely.

Canada Ecofiscal Commission | July 11, 2018 | 3:59 pm

Mining offers private equity opportunities despite recovery – Denham

Private equity still has significant opportunities to invest in mining as companies cut debt and rebuild their balance sheets even as the sector recovers, mining specialist Denham Capital said.

Reuters | July 11, 2018 | 2:49 pm

Chile eases way for foreign-backed miner to take control of Lithium deposit

Salar Blanco, which is 50 percent-owned by Lithium Power International, has dropped a lawsuit against Chile to block state-run Codelco from exploiting a lithium deposit where both have claims.

Reuters | July 11, 2018 | 2:09 pm

Foreign investment in Chile surges due to new law – government

Foreign direct investment in Chile hit $8.48 billion from January to April, its highest level since records began 15 years ago, thanks to a new law designed to attract investment, the government investment agency said on Wednesday.

Reuters | July 11, 2018 | 1:20 pm

Copper price plunges to 1-year low

Metal market mayhem with $13 billion worth of copper futures offloaded by lunchtime.

Frik Els | July 11, 2018 | 12:07 pm

Rio Tinto’s minerals sands operation in South Africa shut by protests

A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier this week, the company and a union said on Wednesday.

Reuters | July 11, 2018 | 11:17 am

Serbian miner RTB Bor attracts 11 possible buyers

Serbia has tried and failed three times since 2007 to sell the debt-laden mining complex, which suffered a long period of neglect during the Balkan Wars and the country's international isolation in the 1990s.

Reuters | July 11, 2018 | 10:49 am

First

Last

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Create FREE account or log in

to receive MINING.COM digests