Vale probe could lead to fine of 20% of revenue from 2018
Vale will be on the hook for about $7.2 billion should Brazil’s government fine the company 20% of annual revenue.
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Peru plans to give Southern Copper key permit for long-delayed $1.4B project
The mine is slated to produce 120,000 tonnes of high-grade copper annually.
Botswana’s president denies report of $600 million diamond-backed loan to Zimbabwe
Zimbabwe's secretary in the ministry of foreign affairs was quoted as saying Botswana had offered to lend Zimbabwe $500 million to support its diamond industry.
ArcelorMittal halts output at Bosnia mine after railway deal fails
The world's largest steelmaker operates a steel plant in the central Bosnian town of Zenica.
Chinese steel mills delay iron ore restocking, eye cheaper alternatives
Mills are also avoiding major suppliers like Vale, Rio Tinto, BHP Group and Fortescue Metals.
Portofino executes agreement to acquire Yergo lithium project in Argentina
The 2,932-hectare project encompasses a full salar.
ALX Uranium wants a piece of the Close Lake project in Saskatchewan
Close Lake is located between the Cigar Lake and McArthur River uranium mines, the two richest of their kind in the world.
Jaxon discovers new mineralization at Red Springs
Jaxon is designing a multi-disciplinary exploration program to map the sources of the mineralization.
ATAC planning phase one program for Rau
Exploration will follow-up on high grade gold, copper and silver results from last year.