Africa’s biggest bank releases funding policy on coal projects Standard says it will evaluate projects on a case-by-case basis, assessing the need for power in the country where the mine or plant is situated. Bloomberg News | March 5, 2020 | 12:14 pm
West Kirkland wins favorable permitting decision for Nevada project The latest permitting decision pertains to the second phase Hasbrouck mine and follows a 28-month process. Jackson Chen | March 5, 2020 | 11:50 am
Newmont sells stake in Continental for $260m The sale was part of a contractual arrangement to support Zijin Mining Group’s acquisition of Continental. MINING.com Editor | March 5, 2020 | 11:49 am
Brazil CSN revives plan for mining unit IPO Company's CEO talked about the possibility in an investor conference call. Reuters | March 5, 2020 | 11:13 am
The best places to mine are still in the developed world – and that’s a problem The Fraser Institute's annual survey shows that uncertainty is a confidence killer among mining executives. Reuters | March 5, 2020 | 10:19 am
Sierra Leone iron ore crisis creates debt-racked ghost town In all, 1,700 workers at Marampa were dismissed due to a legal dispute with the government. Reuters | March 5, 2020 | 9:16 am
Glencore finds facts that “may be relevant” to corruption probes The Swiss miner and commodity trader is being investigated for alleged corruption and bribery in the UK, US and Brazil. Cecilia Jamasmie | March 5, 2020 | 9:11 am
Indonesia’s March coal benchmark price set at $67.08 Price rose slightly as coal mine operations in China were affected by the coronavirus. Reuters | March 5, 2020 | 9:08 am
China-backed JV set to start work at Simandou The Chinese agency overseeing the biggest government-owned companies is close to approving the development of the vast iron ore deposit in Guinea. Cecilia Jamasmie | March 5, 2020 | 6:40 am