It’s official: Zambia scales back mining royalties to 9%
The announced changes will be effective on July 1, once parliament has approved them.
Latest Stories
‘Perfect’ 100-carat diamond goes under Sotheby’s hammer
The flawless, 100-carat diamond could fetch up to $25 million when it goes under Sotheby's hammer in New York on Tuesday
One year-old Kibali mine already looks to its future
The ongoing search for additional reserve ounces at Kibali will secure its future as a long-life mine and one of Africa’s largest gold producers, Randgold Resources chief executive Mark Bristow said.
Irish Kenmare sends S. African miners in Mozambique home over xenophobia
The decision follows a similar move by Sasol, which repatriated Friday 340 of its employees working on projects in the Southeast Africa nation for their own safety.
Will solar be the bullet that kills coal?
A new adversary is emerging for coal. It comes from silicon wafers, the material used to make solar panels.
Phoenix mine on target for production mid-year
Rubicon Minerals (TSX:RMX) advanced 4.5 percent on Friday after the company released an update on its Phoenix Gold Project in Red Lake, Ontario.
Hudbay picks up fourth Manitoba mine
Hudbay Minerals (TSX, NYSX:HBM) has purchased the idled Snow Lake project in Manitoba, adding to its stable of properties in the Canadian province of Manitoba.
Denham Capital’s Caroline Donally on private equity in mining
Director of $1bn fund discusses Denham's unique approach, the vibrant parts of the M&A market and what juniors should do to attract capital.
Big pension funds join Barrick board pay spat
Three of the world's largest pension funds are voting against execs upping salaries 36% to more than $1m a month while the company stock sinks.
