Zimbabwe to replace empowerment law — finance minister
Foreign investors can now take majority stakes in the platinum and diamond sectors.
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Central bank hunger for gold lifts demand to three-year high
Nations added 374.1 tons in the first six months as Russia and China kept building reserves and Poland made a massive purchase.
Vale CEO hopes to wrap up global dam burst settlement by year-end
On Wednesday, Vale reported a $133 million quarterly loss, confounding analysts expectations of a $2.84 billion profit for the period.
Indian firms set up JV to mine for lithium, cobalt overseas
Three Indian state-run companies are to form a joint venture to buy mining assets overseas.
Iron ore prices help Rio Tinto fork out $1bn dividend, despite Oyu Tolgoi setback
Despite being its best half-year earnings since 2014, net profit dropped by 6% to $4.13bn as it wrote down $800 million from its investment in the Mongolian mine.
Constantine’s underground exploration plan in Alaska green-lighted
The approval allows for 30,000 metres of underground exploration drilling.
Monarch Gold reports mixed results in last quarter
The Quebec-based company said it produced 3,572 ounces of gold in the quarter that ended on June 30, 2019, a rise of 169% from the previous quarter.
Kinross Gold expands Russian portfolio with $283 million buy
The Chulbatkan gold project would enable it to leverage its expertise as a world-class, cold climate heap leach operator.
“Robominers” to scope Europe for resources humans can’t reach
EU-funded project aims at improving access to raw materials in small and difficult to access mineral deposits.
