MINING.COM

Mexico slaps billionaire’s steel company with fine for stock manipulation

Industrias CH was fined 2.96 million pesos ($159,764) at the end of November for making “prohibited trades” under a law banning simulating price or volume.

Reuters | February 26, 2018 | 11:15 am

For coal miners, it’s time to exit or get rich: Russell

If there is a trend at play here, it’s that diversified miners are the ones most likely to exit coal.

Reuters | February 26, 2018 | 10:51 am

Sibanye says clears most illegal miners from gold shafts

Illegal gold mining has plagued South Africa for decades and it costs the government and the industry more than 20 billion rand ($1.7 billion) a year.

Reuters | February 26, 2018 | 10:32 am

Freeport says no plans to sell Congo cobalt asset as buyers circle

Freeport is looking at other options for the asset, including possibly a joint venture to develop the large cobalt project.

Reuters | February 26, 2018 | 9:28 am

Condor Gold soars as Nicaragua project won’t relocate residents

Company's technical team believes the La India project is both technically viable and economically attractive with a redesigned open pit that does not require community resettlement.

Cecilia Jamasmie | February 26, 2018 | 9:15 am

Norsk Hydro to buy Rio Tinto aluminum assets for $345 million

The proposed acquisition also includes an offer for Rio’s 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminum fluoride plant in Sweden.

Cecilia Jamasmie | February 26, 2018 | 5:55 am

Lucara Diamond names new CEO, invests in digital sales platform

Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.

Cecilia Jamasmie | February 26, 2018 | 3:37 am