October 3, 2016

Energy investment boom expected in northern Chile

The projects, many of them in the renewables sector, are expected to also boost machinery acquisitions and generate close to 3,000 new jobs.

September 30, 2016

Glencore reviews bribery allegations against business partner

Och-Ziff’s partner in Congo paid $100 million in bribes to local authorities over a 10-year period to secure access to mining assets. Bloomberg quotes an anonymous source saying Dan Gertler…

September 30, 2016

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.

September 30, 2016

Enbridge selling major Saskatchewan pipeline system in Cdn$1 billion deal

Cash from the sale will be used to proceed with the takeover of Spectra Energy and fund other growth projects.

September 29, 2016

Peruvian gold miners to boost awareness of fairtrade gold

Three special guests from Peru will speak at events across the UK as part of a nationwide push tagged ‘I DO’ to […]

September 29, 2016

South Africa’s mining industry continues to face tough times — PwC report

Companies had no choice but to cut back on new developments, re-focus on profitable production rather than maximum production and to save costs.

September 29, 2016

Namibia’s new uranium mine to triple country’s output by 2017

The country is poised to becoming the world’s third largest producer of the commodity, as the massive Husab mine begins production in October.

September 29, 2016

Protesters block access to Goldcorp’s Peñasquito mine

The Canadian miner said operations were unaffected, adding it expects the issue to be resolved quickly.

September 29, 2016

Kirkland to buy Newmarket Gold in Cdn$1 billion deal

The combined company, to be known as Kirkland Lake Gold, will have a market capitalization of about Cdn$2.4 billion and produce more than 500,000 ounces of the yellow metal a…

September 29, 2016

Extreme pollution forces China to shut down hundreds of coal, steel operations

The country’s state planner said it would also set up a no-coal zone in cities around Beijing in 2017 to try reducing the capital's hazardous smog levels.