Petra Diamonds to grant Tanzania 16% free carried interest in Williamson mine

Petra Diamonds probes new claims of human rights abuses in Tanzania

The diamond miner revealed results of an investigation into incidents involving security operations at its Williamson mine between November 2020 and January 2021.

Cecilia Jamasmie | February 9, 2021 | 7:13 am

Mick Davis raises $60 million for battery metals firm Vison Blue

Mick Davis’ battery metals firm Vison Blue raises $60m

Vision Blue is investing $29.5 million in Canadian miner NextSource Materials, which is developing a graphite mine in Madagascar.

Cecilia Jamasmie | February 9, 2021 | 4:03 am

Turquoise Hill's profit surges over 33% on strong output

Mongolia asks Rio Tinto to mutually cancel Oyu Tolgoi deal

Rather than acting unilaterally, the government has asked Rio to mutually terminate the current contract.

Cecilia Jamasmie | February 8, 2021 | 7:28 am

Elon Musk offers $100 million for best carbon capture innovation

Sum will be awarded for the best technology created for removing carbon dioxide directly from the atmosphere or oceans and store that carbon in a safe, cost-effective way.

Cecilia Jamasmie | February 8, 2021 | 4:05 am

Greek lawmakers seal revised deal to restart Eldorado's mines investment

Eldorado Gold inks revised investment contract with Greece

Deal covers all the miner's projects in northern Greece, which have repeatedly stalled over licensing delays and environmental concerns.

Cecilia Jamasmie | February 5, 2021 | 6:03 am

Norilsk Nickel fined $2 billion for massive fuel spill in the Arctic

Nornickel fined $2 billion for massive Arctic fuel spill

Amount more than doubles what Russia is seeking to get in mineral extraction tax this year.

Cecilia Jamasmie | February 5, 2021 | 3:53 am

Barrick extends Tongon mine life to 2023

Continued exploration and the conversion of resources to reserves have allowed Barrick to extend the Ivory Coast mine's life.

Cecilia Jamasmie | February 4, 2021 | 9:00 am

Rio Tinto launches sustainability label for aluminium with blockchain

The mining giant said the label will be similar to a nutrition label found on food and drink packaging.

Cecilia Jamasmie | February 4, 2021 | 6:15 am

Turquoise Hill scores win in funding spat with Rio over Mongolia mine

Turquoise Hill scores win in funding dispute with Rio Tinto over Mongolia mine

It has received temporary relief in the arbitration proceedings against Rio Tinto, which prevents the mining giant from restricting Turquoise's funding talks.

Cecilia Jamasmie | February 4, 2021 | 6:00 am