Blockade at Zijin’s Colombia gold mine is lifted The blockades were set up around the mine in Buritica to demand a rescue mission to find informal miners allegedly trapped in a tunnel. Reuters | August 22, 2022 | 7:39 am
Neo agrees to buy Greenland rare earth project from Hudson Resources Neo will buy the Sarfartoq project for a total of $3.5 million. Reuters | August 22, 2022 | 7:35 am
Fortescue inches closer to iron ore exploration in Gabon A majority-owned joint venture has signed an agreement that will pave the way to study and obtain a licence to explore the Belinga project. Reuters | August 19, 2022 | 11:02 am
China power curbs shutter 500,000t of zinc smelting capacity All zinc smelters in Sichuan halted production early this week, and a small smelter based in neighbouring Hunan province also stopped operations. Reuters | August 19, 2022 | 8:26 am
ERG halts iron ore supply to Russia’s MMK due to sanctions The United States included MMK in its latest round of sanctions this month. Reuters | August 19, 2022 | 7:53 am
Road blockades remain around Zijin’s Colombia project The blockades were set up around the gold mine in Buritica municipality on Aug. 12 to demand a rescue mission to find informal miners. Reuters | August 19, 2022 | 7:49 am
FLSmidth raises 2022 sales outlook Company will suspend new business in Russia and Belarus and wind down activities in those countries. Reuters | August 19, 2022 | 7:46 am
China demand doubts darken mood as miners baulk at energy costs The IMF forecast that global growth could slow to 2.9% in 2023. Reuters | August 19, 2022 | 7:41 am
MMG’s troubled Las Bambas copper mine in Peru still has no timeline for expansion Las Bambas, whose operations have often been disrupted by protests from neighboring indigenous communities, accounts for 2% of global copper supply. Reuters | August 18, 2022 | 4:17 pm
Newcrest Mining cuts dividend, posts profit drop amid lower output Australia's biggest gold miner said underlying profit came in at $872 million for the year ended June compared with $1.16 billion a year earlier. Reuters | August 18, 2022 | 4:07 pm
Glencore to end silver streaming deal with Wheaton on Peru mine Glencore currently owns and operates the Yauliyacu mine, which has been producing minerals for over 100 years. Reuters | August 18, 2022 | 3:41 pm
Cracks detected around land near mine and sinkhole in Chile Lundin Mining said Thursday that the cracks are unrelated to the hole or mining activity. Reuters | August 18, 2022 | 1:15 pm