BHP takes $1.8 billion hit from US tax reform
Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.
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Rio Tinto becomes sole owner of Pistol Bay uranium assets in Canada
Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.
Another death at one of Sibanye-Stillwater gold mines
A worker died on Monday night while clearing a blocked ore pass at the company’s Driefontein gold operation in South Africa.
Andes Iron and Chilean ME enter conciliation process over $2.5-billion project
Andes Iron appealed an August 2017 decision that forbade its copper and iron ore project from going forward.
MGX eyeing lithium brine assets in Chile
Without changing the way it operates, the Canadian miner now wants to set foot in the world’s second lithium producing country.
Seabridge dealing with damages from previous mining activities in northern BC
The Toronto-based miner is carrying out a comprehensive environmental remediation program at its Iskut project.
Soaring cobalt prices force Samsung SDI to mine metal from old phones
The firm is also trying to halve use of cobalt in batteries from around 20% by raising the proportion of nickel, and it will start researching on development of nearly cobalt-free batteries.
Russia and Iran to revamp Fordow nuclear facility
The Russia-Iran conversations are taking place within the framework of the Joint Comprehensive Plan of Action on Tehran’s nuclear program.
Embattled Acacia Mining ends painful year with $700-million loss
The miner has also scrapped its 2017 dividend after full-year core earnings fell by more than a third because of a ban on unprocessed mineral exports in Tanzania.
