South Africa’s AngloGold backs Randgold’s negotiations with Congo govt
Mining companies operating in the country vigorously oppose new code to be signed into law.
Latest Stories
Swedish Boliden innocent in Chile toxic waste dump case — court
Swedish court has ruled that local miner Boliden won’t have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile.
British Columbia to reform Environmental Assessment Process in the fall
Environmental assessments already underway will continue under the current process.
Trump set to authorize steel, aluminum tariffs on Thursday
White House says not just Canada, Mexico could be excluded.
South Kalgoorlie gold mine sold to Northern Star for $62.6 million
The acquisition comprises the project’s operating processing facility and 800 square kilometres of Prospective Gold tenure.
Congo’s Kabila to sign new mining code soon after meeting with miners
The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a stability clause.
Canada to claim world’s second largest gold producer spot — Wood Mackenzie
The nation has embraced its domestic potential as money flows into the exploration sector, says the UK-based research firm.
Kazakh miner ERG revives sale of Congo copper mine
ERG revives efforts to sell its Frontier copper mine in the DRC despite a drop in valuation to about $400 million, two banking sources said.
Beny Steinmetz’s mining firm BSGR enters administration to protect itself
As well as facing legal action, BSGR, which denies any wrong-doing, is suing financier George Soros for $10 billion in damages over lost contracts.
