August 13, 2019 Mining billionaire Steinmetz faces trial in Geneva over alleged bribery in Guinea Swiss prosecutors allege Steinmetz paid $10 million in 2005-2010 to obtain mining rights over the vast Simandou iron ore project.
August 13, 2019 AMCU union disappointed by Lonmin wage offer The AMCU demanded a monthly basic wage of 17,000 rand ($1,145), a raise of about 48%.
August 12, 2019 Barrick posts profit jump, flags significant work ahead on Acacia The gold giant also said it planned to begin the sale process for its 50% stake in the Kalgoorlie operation in Western Australia in the third quarter.
August 9, 2019 Lucara results highlight difficult market The miner produced 42% more diamonds than expected and sold 33% more than anticipated for 4% less revenue.
August 9, 2019 Zambia asks Glencore unit to rescind mine shaft closures Glencore subsidiary Mopani announced the shaft closures on Thursday in a move that an opposition leader said had led to 1,400 job losses.
August 9, 2019 China Molybdenum seeks opportunities to beef up battery metals business Cobalt, copper, nickel and lithium are expected to see increasing demand from the EV trade in the years ahead.
August 8, 2019 Barrick said to weigh sale of Tongon mine amid asset disposals Barrick is separately working with advisers at Scotiabank to find a buyer for its Massawa gold project in Senegal.
August 8, 2019 Glencore Zambian unit closes two mine shafts; opposition sees 1,400 job cuts Glencore's Mopani Copper Mines in Zambia has closed two shafts at its Nkana mine.
August 8, 2019 Danakali secures financing for power plant at vast potash project in Eritrea The Colluli potash mine has been deemed “a game changer” for Eritrea’s economy.
August 8, 2019 Glencore and the perils of riding the electric vehicle tiger The battery metal that was supposed to power Glencore's earnings has rapidly turned into a liability.
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am