Anglo ending 2018 on high note, predicts higher output, lower costs
The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.
Cecilia Jamasmie , Editor-in-Chief
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Bushveld Minerals fined for breaching AIM’s listing rules
The violations were the result of the South African miner failing to meet its regulatory obligations in relation to its undertaking to pay an exclusivity fee to the sellers of Vametco.
Condor Gold shares jump on Nicaragua concession licence
Nicaragua’s Ministry of Energy and Mines granted the company the Las Cruces concession, expanding its La India project package by 45% to 455.6 km2.
Losing licence to operate new and biggest threat to miners — EY
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years
Barrick selling research and development firm AuTec
Incoming CEO Mark Bristow has announced his intention to offload non-core assets and research and development company AuTec is one of them.
Trump administration to lift barriers to build new coal plants
The EPA has announced plans to roll back an Obama-era rule that requires new coal plants to capture their carbon emissions.
Zimbabwe’s handling of diamond industry the ultimate test for Mnangagwa’s reform — report
President Emmerson Mnangagwa is making moves to end the country’s international isolation and attract foreign investment to boost an economy in tatters, including allowing new private investment in the diamond fields.
Lucapa kicks off commercial production at Mothae diamond mine
The operation will add to the Perth-based company annual output, until now on depending on just one mine — Lulo, in Angola.
Zimbabwe to let two new private miners dig for diamonds
It may even allow foreign investors to hold majority stakes in local operations on condition that part of their output is reserved for domestic downstream industries.
Brazil launches new mining agency days before Temer steps down
Changes to Brazil’s 50-year-old mining regulations also came in effect Wednesday and include measures that make the country’s industry more competitive and sustainable.
Greenland grants 30-year permit to EU-backed Molybdenum mine
Malmbjer is expected to supply roughly 25% of the EU’s annual molybdenum demand over its first decade of operation.