World’s fourth-biggest diamond mine cuts output
Angola’s Sociedade Mineira de Catoca, which operates the namesake diamond mine in the country, cited weak demand.
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European Commission working on sustainable battery rules
The first draft of the rules is expected in October.
Altamira Gold gets environmental permit to advance Brazil project
The permit supports the application for a trial mining license, which will allow for the processing of 100,000 tonnes of mineralized material per year.
Danakali closer to getting Eritrea potash project off the ground
Second-phase of development for the Colluli potash project will be completed in June.
CHART: Mining’s covid-19 capital spending cuts top $6bn
And 2020 copper production forecasts have been trimmed by nearly 400,000 tonnes due to covid-19 disruptions and delays.
Brazil court revokes decree that halted Vale operations
Authorities suspended Vale’s operating license after agents said that the company’s onsite activities have “not respected the rules of social isolation.”
Rio Tinto’s Kennecott starts drilling at Frisco
Kennecott will spend an initial $6 million on exploration to gain a 55% interest in the project.
US uranium output shrinks 89% in 2019
The new data comes about a month after the Trump Administration released its plans to rescue the US uranium mining industry.
Elephant platinum coins sell out in South Africa
Over 2,000 coins featuring an elephant were sold out to US and Asian investors after being minted in March.
