MINING.COM

Paulson joined by 15 investors in council to oversee gold miners

The billionaire hedge-fund manager has formed a coalition with 15 other founding members aimed at curbing years of what his hedge fund has called value destruction in the gold sector.

Bloomberg News | September 21, 2018 | 6:00 am

Colombian court hands major win to South32, won’t have to pay damages

But the court upheld part of the previous ruling requiring the miner to re-apply for its environmental licensing and start a community consultation process.

Cecilia Jamasmie | September 21, 2018 | 3:57 am

BHP’s Spence copper mine in Chile partially closed following fire

A fire at its Spence copper mine in Chile had forced it to partially shut down operations. No one was injured in the fire, which has since been extinguished.

Reuters | September 20, 2018 | 2:19 pm

Central bank demand for gold reaches 3-year high

Egypt recently bought gold for the first time since 1978, India, Indonesia, Thailand and the Philippines have re-entered the gold market after years-long absences.

Amanda Stutt | September 20, 2018 | 12:18 pm

Three dead, several injured after attack at Continental Gold site in Colombia

This is the second time this month the Toronto-based miner mourns the death of staff members in Colombia.

Cecilia Jamasmie | September 20, 2018 | 11:40 am

South Africa’s cabinet approves new mining charter

The mining charter was introduced to redress the exclusion of black people in the mining sector under apartheid.

Reuters | September 20, 2018 | 10:27 am

BHP seeks approval for $50m US pact over fatal Brazil dam burst

It would resolve shareholder claims stemming from the Nov. 5, 2015 bursting of the Fundão dam in Minas Gerais run by Samarco.

Reuters | September 20, 2018 | 10:12 am

Deep sea robots reveal mineral riches in the abyss

The scientists, from the University of Bergen in Norway, are sending robots 2,500 metres (8,000 feet) down into the waters between Norway and Greenland.

Reuters | September 20, 2018 | 9:55 am