UK Serious Fraud Office launches probe into Rio Tinto over Simandou
"Suspected corruption in the conduct of business in the Republic of Guinea by the Rio Tinto group, its employees and others associated with it."
Latest Stories
Mosaic joins chorus calling BHP’s Jansen potash mine plan unwise
Mosaic chief Joc O’Rourke also said BHP’s target of 2023 for first production looks unachievable.
Why IAMGOLD could be the next gold major: CEO Steve Letwin interview
CEO Stephen Letwin says IAMGOLD – one of the best-performing gold stocks so far in 2017 - is gunning to be a gold major.
Rio Tinto, Serbia in outline deal to move giant lithium project forward
Major miner Rio Tinto and the Serbian government on Monday signed a memorandum of understanding to speed up development of Rio's giant deposit of jadarite, a mineral unique to Serbia that contains lithium.
Acacia Mining now hit with $190 billion tax bill in Tanzania
Shares collapsed on the news to close almost 21% lower in London. Barrick, which has a 64% stake in Acacia, also fell in both Toronto and New York.
World’s top diamond miner Alrosa output up 14% in first half of 2017
The Aikhal division accounted for more than a third of the company’s total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase.
Luxembourg shoots for the stars with fresh space mining deal
The country's ultimate objective is to have its own space mining agency by the end of the year.
Forest fires force temporary closure of two BC mines
A hot and dry summer in British Columbia has set forests aflame, and last week the effects of Mother Nature were felt by two prominent BC mines.
Cuba seeks to revive mining sector with new lead and zinc mine
A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its mining sector, the joint venture Emincar overseeing the project said this week.
