Southern Copper says it is close to sealing deal for Cuajone mine restart in Peru
Reuters Southern Copper Corp said on Saturday that it was close to finalizing a deal with a group of communities to lift a protest that...
Anglo partnership secures 100% renewable energy supply for South Africa operations
Mining Weekly JOHANNESBURG (miningweekly.com) – Diversified mining and marketing company Anglo American has signed a memorandum of understanding with global renewable energy company EDF Renewables...
Turquoise Hill investor Pentwater says $2.7bn Rio bid too low – letter
Reuters LONDON - Activist investor Pentwater Capital Management, the largest minority shareholder of Canada's Turquoise Hill with a 10% stake, has rejected a $2.7-billion bid for the...
Altona starts Phase 2 drill programme in Mozambique
Mining weekly Mining exploration company Altona Rare Earths plans to proceed with a Phase 2 drill programme at its Monte Muambe rare earth project, in...
US Treasury sanctions one of Africa’s biggest gold refiners
Bloomberg The US Treasury sanctioned Belgian gold trader Alain Goetz and his African Gold Refinery, one of the continent’s biggest processors of the metal, for allegedly contributing to conflict in the...
Nickel drops 12% in another glitchy start to London trading
Bloomberg Nickel dropped by the maximum allowed for a third day in another glitchy opening for trading in London, as the price continues its retreat...
Energy costs set to reach record 13% of global GDP this year
Bloomberg Energy costs are poised to hit an all-time high of more than 13% of global gross domestic product this year as the price of...
Eskom sees R20.9bn of extra diesel costs on coal outages
Bloomberg Indebted State-owned power utility expects running costs for its diesel-fed turbines, which are used to keep the lights on when coal-powered plants break down, to surge as it...
New coal mine projects seen swelling global methane emissions by a fifth
Reuters SHANGHAI – Global methane emissions from the extraction of coal could rise by as much as 21.6% if all new mining projects now under...
De Beers reassures market its diamonds do not come from Russia
Mining Weekly Diamond major De Beers is encouraging retailers to “buy with confidence” by engaging with their suppliers to understand the origin of their diamonds, following...