ASX-listed Sandfire Resources has seen its interim profit after tax halved during the six months to December, compared with the previous corresponding period, as lower copper prices impacted on its earnings.
Precious metals mining company Sibanye Gold on Wednesday wheeled a new mining machine into the Joburg Indaba conference room to display the steps it is taking to modernise mining.
More than 1 000 South African workers at a Sibanye Gold mine have ended a two-day sit-in to protest against the deaths of colleagues, a union and company officials said on Wednesday.
India’s Supreme Court has directed that 15 iron-ore mines in the southern province of Karnataka will have to be put up for auction and the process completed within the next 32 weeks.
Having failed in a bid to avoid a price hike in the first two potash import deals for the financial year, fertilizer producers in India expected inward shipments of fertiliser minerals to drop during 2015/16.
Vancouver-based Tahoe resources this week said Guatemala subsidiary Minera San Rafael (MSR) would appeal the court-ordered confinement of an employee pending the investigation of a 2012 environmental claim.
Latin America-focused explorer Samco Gold on Friday announced that it would receive $88.4-million under a participation-and-option agreement, after an Argentinean court-appointed expert arbitrator had quantified damages in the matter between one of Samco’s directors and Northern Orion Resources (GNOR), now named 0805346 BC and owned by Yamana Gold.
Analysts at Desjardins Capital Markets say they expect Mexico to continue to rank as one of the more competitive jurisdictions to attract mining investment.
A Chilean lawyer has filed legal action to force the world’s largest gold producer Barrick Gold executives to appear in a Canadian court to respond to accusations that the company falsified information included in the Pascua Lama protocol between Argentina and Chile in 2004.
The miner expects protests against its $3.8-billion joint venture Pueblo Viejo to gradually decline as more people become aware of the economic benefits the gold mine will provide.
