May 2, 2017 PNG autonomous region lifts mining ban, but excludes controversial Panguna An autonomous region of Papua New Guinea has lifted a ban on mining that has been in place since 1971 - but it will not allow the restart of the…
May 2, 2017 South32 buys stake in Canada’s Arizona Mining for $81 million The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.
May 2, 2017 Australian officials slam banks decision to refuse backing country’s largest coal project The lenders’ move follow a decision by Australia’s second-largest bank Westpac to only fund new projects in existing, rather than new, coal basins as part of its new climate policy.
May 1, 2017 Harnessing bacteria to turn gold grains into nuggets A bacteria that re-concentrates gold grains into nuggets is being targeted by researchers for its potential to optimise gold extraction processes from ore, old tailings or recycled electronics.
April 28, 2017 BHP Billiton in ‘advanced’ talks to sell Cerro Colorado copper mine in Chile The company has officially informed workers of its plans to offload the mine, noting that while there are several interested parties, the process could take months.
April 27, 2017 Vale’s first quarter profit lower than expected as rains hurt iron ore output Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.
April 26, 2017 Copper, lead, zinc prices to stay on the boil New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.
April 26, 2017 Czech mining industry pins hopes of revival on lithium The European country holds between 1.2 to 1.4 million tonnes of lithium, located mostly around the tiny village of Cinovec, on the border with Germany.
April 26, 2017 BHP puts US shale assets back on the block amid investors pressure The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.
April 25, 2017 Iron ore to slide below $46 a tonne by 2021 — analysts BMI Research expects prices to continue sliding for at least the next five years on rising supplies from Australia and Brazil and expectations for a surplus.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
