Barrick announces new strategy for Hemlo
Barrick has introduced several programs to boost performance, and the next phase will be to mothball the open pit mine.
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ArcelorMittal to hand Ilva plant back to Italian state over legal row
The decision represents a blow to Italy's ruling coalition, which had hoped to dissuade the steel giant from pulling out of the contract, and will raise questions about the country's reliability as a partner for foreign investors.
Euro Sun reports new discoveries near Rovina Valley, shares rise
Shares of Euro Sun jumped more than 15% during Monday's trading session.
Bolivia walks away from lithium project with German company
Germany's ACISA, which employs just 20 people, was created solely to focus on building the now botched lithium mine in the Salar de Uyuni.
BHP weighing LNG power for iron ore ships
BHP says it has a responsibility to address emissions, as the biggest producer of coking coal and a major shipper of iron ore.
Codelco awards tender for desalination plant to Japan’s Marubeni
Codelco said that it expected work on the plant to kick off in the first quarter of 2020 and for the plant to be operational in 2022.
China’s Zijin buys Freeport’s copper-gold assets in Serbia for up to $390 million
The move continues a recent acquisition spree for Zijin and strengthens its foothold in the Balkans.
India’s October gold imports drop 33% on weak festive demand
In value terms, the October imports were at $1.84 billion, slightly higher than last year's $1.76 billion.
Antofagasta cuts expected copper output further due to Chile’s protests
While its four local mines are back in operation, the company has doubled it expected production loss for 2019 to about 10,000 tonnes.
