Barrick moves forward with plan to make every employee an owner
The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.
Cecilia Jamasmie , Editor-in-Chief
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Britain postpones decision on new coal mine
The government has delayed expected decision on whether to allow a new coal mine in northeastern England.
Stellar Diamonds mulls takeover offer as losses deepen
Miner posted a net loss of $984,928, compared to a $663,145 loss a year earlier, due to an increase in costs of developing its Tongo-Tonguma diamond project in eastern Sierra Leone.
Lucapa fetches $1.7 million in diamond sales from Lulo
Figures takes proceeds from Lulo diamonds sales so far this year to $10.8 million, at an average price per carat of $1,731.
Chile to attract $65 billion in mining investments by 2038 — minister
According to minister Aurora Williams, miners with operations in the country currently spend $20 billion on support services a year and figure is set to increase.
Australia takes Rio Tinto to court over Mozambique coal deal
Australia’s corporate watchdog has launched court action against the company, former chief executive Tom Albanese and chief financial officer Guy Elliott.
SQM talks down lithium oversupply, says market to grow 80% a year
According to chief executive officer Patricio de Solminihac, the world will need at least 50,000 tonnes of lithium a year until 2023.
Stellar Diamonds Sierra Leone project takes key step forward
Funding for the project has not been secure yet, though the miner is in talks with Newfield Resources over a possible offer.
FLSmidth now the official owner of Sandvik Mining Systems
With the deal, FLSmidth has taken over the Swedish equipment and tool manufacturer’s continuous surface mining and minerals handling technologies.
Anglo American concludes sale of three coal mines in South Africa
The deal includes the New Vaal, New Denmark and Kriel mines, as well as various mine life extension projects.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
