Sibanye says clears most illegal miners from gold shafts
Illegal gold mining has plagued South Africa for decades and it costs the government and the industry more than 20 billion rand ($1.7 billion) a year.
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Freeport says no plans to sell Congo cobalt asset as buyers circle
Freeport is looking at other options for the asset, including possibly a joint venture to develop the large cobalt project.
Condor Gold soars as Nicaragua project won’t relocate residents
Company's technical team believes the La India project is both technically viable and economically attractive with a redesigned open pit that does not require community resettlement.
Norsk Hydro to buy Rio Tinto aluminum assets for $345 million
The proposed acquisition also includes an offer for Rio’s 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminum fluoride plant in Sweden.
Lucara Diamond names new CEO, invests in digital sales platform
Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.
Shipping gauge shows iron ore, copper prices heading for fall
CHART: Baltic Dry Index has plummeted 32% since December, opening up huge gap to closely correlated industrial metal prices.
Australia’s top gold miner boosts bets on Ecuador’s riches
Newcrest to invest $250 million to take stake in Lundin Gold.
The EV future is here and already boosting earnings for miners
“Look at what’s required over the next 50 years, 60 years, and known lithium on the planet, I don’t think it’s as much as everyone understands it to be.”
South Africa’s NUM union says 1,722 jobs to go at Evander Gold Mine
Deteriorating and inadequate infrastructure at the mine, high operating costs, such as rising electricity, labour costs, and a low gold price.
