China National Coal signs 5 year supply contracts with state utilities

China National Coal Group will supply in 2019 more than 97 million tonnes of coal to six utilities, with volumes rising in each subsequent year of the deals.

Reuters | November 19, 2018 | 10:06 am

Zimbabwe to let gold, platinum mines retain higher dollar earnings

We have made a decision that there is viability in mining by making sure we don't kill the goose that lays the golden egg - John Mangudya, Central bank governor

Reuters | November 19, 2018 | 9:53 am

Mali to produce lithium by 2020 with 694,000 tonnes discovered

Mali joins lithium fray

Reuters | November 19, 2018 | 9:31 am

South Africa’s Barloworld in talks to buy a Caterpillar business

Barloworld Equipment is the official dealer for Caterpillar's CAT construction, mining and industrial machine range in eleven southern African countries, in addition to Spain, Portugal, Siberia and the Russian far east.

Reuters | November 19, 2018 | 9:18 am

Barrick keen on Guyana Shield, Canada for exploration -executive

The giant also said it wants "more exposure" in Canada.

Reuters | November 17, 2018 | 3:41 pm

Lundin confirms job cuts at Chile’s Candelaria copper mine

Canadian miner Lundin is cutting 106 jobs at its Candelaria copper mine "improve competitiveness and productivity", amid reports that workers had begun a 48-hour strike.

Reuters | November 16, 2018 | 12:59 pm

Barrick Gold eyes more copper assets in Congo – executive

Barrick Gold is interested in buying more copper mines in the Democratic Republic of Congo (DRC) - Incoming COO of Africa and the Middle East region

Reuters | November 16, 2018 | 12:37 pm

BHP blames driver error, brake problem for runaway train wreck

BHP said its initial findings of the Nov. 5 incident showed the nearly 3-km (1.9 miles) long train came to a halt after a braking system control cable became disconnected.

Reuters | November 16, 2018 | 9:50 am

South Africa’s Eskom revises coal contract strategy, seeks supply security

Eskom, which supplies more than 90 percent of the nation's power, has warned of potential power outages amid low coal inventories after a major supplier cut supplies and sought insolvency protection.

Reuters | November 16, 2018 | 9:38 am

Vedanta sells copper concentrate from stockpiles at shuttered India smelter

The Tamil Nadu state disconnected the smelter's power supply in May following anti-pollution protests that turned violent and culminated in the police opening fire, killing 13 protesters.

Reuters | November 16, 2018 | 4:24 am

Asia Gold-India swings to premium; benchmark price dip lends appeal elsewhere

Dealers in India were charging a premium for the first time since early September -- of up to $3 an ounce over official domestic prices this week.

Reuters | November 16, 2018 | 4:00 am

India state may cancel NMDC’s Donimalai mine lease in levy dispute

Following the news, NMDC shares fell as much as 7.4 percent to 99.20 rupees, their lowest since July 25, marking their biggest single-day fall since Aug. 9.

Reuters | November 16, 2018 | 3:15 am

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