BHP’s transformation boss to leaves as part of internal overhaul

BHP’s transformation boss to leave as part of internal overhaul

Jonathan Price is the second major exit announced this week and is part of BHP’s strategy to shift certain responsibilities away from the executive team.

Cecilia Jamasmie | December 13, 2019 | 3:43 am

Judge denies request to freeze $6 billion from Vale's accounts

Experts blame Vale’s deadly dam collapse on drainage issues

Drainage problems would have caused "persistently high water levels" that weakened the facility’s walls, say experts appointed by the miner.

Cecilia Jamasmie | December 12, 2019 | 5:00 am

Rio Tinto cuts reserves at Oyu Tolgoi as costs rise

Rio Tinto scores big win in Mongolia

The country’s parliament has approved a resolution that reconfirms the validity of all the Oyu Tolgoi mine-related agreements.

Cecilia Jamasmie | December 12, 2019 | 3:11 am

Alrosa to mine first diamonds from Angola in mid-2020

The Russian miner and its local partner, Catoca Mining, say Luaxe could produce 1 million carats, worth $90 million, next year.

Cecilia Jamasmie | December 11, 2019 | 3:49 am

ICMM updates mine-community relations guide to reflect investors’ pressure

Improved guidance integrates the eight effectiveness criteria of the UN Guiding Principles on Business and Human Rights.

Cecilia Jamasmie | December 10, 2019 | 9:39 am

South Africa’s lockdown to hit Anglo American

Anglo American cuts output targets for coal, iron ore and diamonds

While bullish on copper, the miner has also cut production guidance for 2020 to between 620,000 and 670,000 tonnes.

Cecilia Jamasmie | December 10, 2019 | 7:03 am

Barrick to sell stake in Senegal project to Teranga Gold for about $430m

Barrick to sell stake in Senegal project to Teranga Gold for up to $430m

Massawa, one of the highest-grade undeveloped open-pit gold reserves in West Africa, is 20 km away from Teranga’s flagship Sabodala mine.

Cecilia Jamasmie | December 10, 2019 | 3:45 am

Petra scraps company sale after debt-for-equity deal

Petra Diamonds halts all mines in South Africa due to power issues

Production, hoisting and processing have stopped immediately at Cullinan, Finsch and Koffiefontein mines.

Cecilia Jamasmie | December 9, 2019 | 9:23 am

Mali quashed grant of B2Gold permit to upstart miner

B2Gold’s drilling results for Fekola mine in Mali show room to grow north

Company has also completed over 45,000 metres of combined aircore, diamond and reverse circulation drilling in the Anaconda region.

Cecilia Jamasmie | December 9, 2019 | 7:07 am

Savannah Resources secures first of three mining licences for Mozambique project

The miner, which operates the Mutamba project in a joint venture with Rio Tinto, says permit is valid to April 2044.

Cecilia Jamasmie | December 9, 2019 | 4:45 am

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