Outback town that rivaled Manhattan’s prices now gathers dust
Of all the mining-town booms spawned by China’s insatiable appetite for minerals, few were as epic as that of Australia’s Port Hedland.
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Bonus schemes play a role in tailings dams failures – research
According to a paper in Resources Policy, such compensation packages actively encourage managers to cut costs and increase production regardless of the risks associated with those decisions.
London Metal Exchange and Fastmarkets to set lithium price benchmark
The exchange will work Fastmarkets to provide the reference price lithium, a key component in the batteries that power electric vehicles and high-tech devices.
Camino Minerals allowed to expand drilling in southern Peru
Expanded drilling at the Chapitos gold-copper project is expected to commence during the latter half of 2019.
New Energy to acquire project near Codelco’s and BHP’s mines in Chile
The project is located along the prolific West Fissure fault system, near the open-pit Escondida mine.
Nation built on gold loses its African crown to rival Ghana
South Africa’s struggling gold industry has suffered yet another humiliation, losing its status as continental leader to Ghana.
Swiss expert to start work on new standards for mining dam safety
The International Council on Mining and Metals (ICMM) has picked someone outside the industry to oversee an initiative aimed at setting new dam safety standards for miners.
Brazil’s Vale will invest $1.9B to shut down nine dams
All of the tailing dams are located in the Brazilian state of Minas Gerais.
Gold giants battling to lure back investors who fled industry
What’s better than GOLD?