Resolute signs gold deal with Guinea’s state miner
RESOLUTE Mining has signed a memorandum of understanding with Guinea's state-owned Nimba Mining Company to co-develop gold projects in the West African nation.
The MoU...
Asia turns back to coal as Iran war bites
ASIAN economies are ramping up coal consumption and production as the US-Israel war against Iran threatens prolonged disruption to Middle East oil and gas...
Canada moves to save Glencore’s Quebec copper smelter
THE Canadian and Quebec governments are working to prevent the closure of Canada's only copper smelter after Glencore threatened to shut the facility unless...
Congo deepens China mining ties amid US rivalry
THE Democratic Republic of Congo has signed an agreement with China to deepen cooperation in its mining sector, as Beijing moves to consolidate its...
Vedanta set for five-way split next month
INDIAN resources conglomerate Vedanta will be broken up into five separately listed companies early next month, said the Financial Times.
Citing Vedanta founder and chair...
US takes stake in graphite miner Syrah Resources
THE US International Development Finance Corporation (DFC) is converting a $31m loan to Australian graphite producer Syrah Resources into equity, giving Washington a roughly...
Barrick slows Reko Diq on security fears
BARRICK Mining is extending its review of the Reko Diq copper-gold project in Pakistan and slowing development activity, citing escalating security concerns in the...
Rio Tinto exits diamonds after half a century
RIO Tinto has closed its last diamond mine, ending more than 50 years in the business as the world's second-largest miner sharpens its focus...