June 5, 2023

Japanese miners see Chile’s tax hikes deterring new investment

Lawmakers in Chile gave final approval in May for a long-awaited mining tax reform.

June 5, 2023

Polymetal considers divestment of Russian business

The gold and silver producer said move would follow the resignation of senior managers from Russia-related duties after US sanctions.

June 4, 2023

Mine collapse kills at least 12 in southern Venezuela

Flooding collapsed a gold mine in southern Venezuela, killing at least 12 miners.

June 3, 2023

Solar beats coal in Europe for first time – but there’s a glitch

Solar panels generated more electricity than all of the bloc’s coal plants for the first time in May.

June 2, 2023

China is drilling a 10,000-meter-deep hole into the Earth

Drilling for what is set to be China’s deepest ever borehole began in the country’s oil-rich Xinjiang region on Tuesday.

June 2, 2023

Congo halts ERG’s copper project after waste leakage

The suspension is the latest sign of strained relations between copper miners and the Congolese government.

June 2, 2023

Congo-UAE gold export deal raises ‘great concerns’

A 25-year deal published this week by the Congolese government hands a little-known UAE firm exclusive rights to export artisanal gold at preferential rates.

June 2, 2023

Column: London Metal Exchange renews stocks transparency drive

Restoring trust in exchange stocks reporting is a key step in winning back the broader confidence of the market.

June 2, 2023

Peru bullish about copper no. 2 spot as Congo closes gap

Mining mininster expects mines worth some $6 billion to come online over the next two years.

June 2, 2023

Teck’s attempt to gain CIC support for coal split hits wall — report

The miner is reportedly finding it difficult to secure the support of top shareholder China Investment Corporation for a plan to exit coal.