Tanzanite miner gets bill as Tanzania cracks down on lost mineral revenues

Tanzanian gemstone miner Tanzanite One has agreed to pay compensation and overdue taxes to the government after violations led to losses in public revenues.

Reuters | May 17, 2018 | 11:47 am

Eritrea ‘poison pill’ complicates miner Lundin’s aspirations -sources

Lundin Mining's board of directors, chaired by billionaire resources tycoon Lukas Lundin, refuses to invest in Eritrea.

Reuters | May 17, 2018 | 10:45 am

Last missing Polish miner found dead: JSW

“The (last) miner’s body was trapped under one of many structures in the destroyed pit,” JSW said in a statement.

Reuters | May 16, 2018 | 6:12 pm

Australia’s Kidman Resources to supply lithium hydroxide to Tesla Inc

The deal is for an initial three-year term on a "fixed-price take-or-pay basis."

Reuters | May 16, 2018 | 4:20 pm

EU heads discuss bold-or-fold strategy toward Trump tariffs

European leaders sought unity on Wednesday toward threatened U.S. import tariffs on steel and aluminium, balancing the views of those most fearful of a trade war and those determined not to be bullied into concessions.

Reuters | May 16, 2018 | 4:12 pm

South Africa’s Tharisa taps Zimbabwean chrome reserves

Zimbabwe has attracted intense interest from miners with a promise of favourable terms as it seeks to reboot its economy after veteran leader Robert Mugabe was ousted last year.

Reuters | May 16, 2018 | 8:30 am

Ottawa offers to cover losses on Trans Mountain delays — for any company

Finance Minister says indemnification would stay in place even if Kinder Morgan walks away.

Reuters | May 16, 2018 | 6:00 am

Russia’s Alrosa sees rosy prospects from colourful diamonds

The global market for polished coloured diamonds is now dominated by Rio Tinto and Anglo American's De Beers. But state-controlled Alrosa aims to compete.

Reuters | May 16, 2018 | 3:07 am

LBMA suspends Russian precious metals refinery from ‘good delivery’ lists

The London Bullion Market Association has suspended the Ekaterinburg Non-Ferrous Metals Processing Plant from its gold and silver good delivery lists due to "ownership related issues".

Reuters | May 16, 2018 | 1:00 am

UAE trader looking to expand into gold refining in Africa

The group is seeking a total investment of $246 million for the refineries and related processing centres, in Ghana and the Democratic Republic of Congo.

Reuters | May 15, 2018 | 11:31 am

Aurubis expects continued strong copper market, confirms outlook

Production of copper cathodes (new metal) in the second quarter rose to 291,000 tonnes from 288,000 tonnes.

Reuters | May 15, 2018 | 11:27 am

South Africa aims to finalise mining charter in June, minister says

The charter lays out requirements for black ownership levels and other targets.

Reuters | May 15, 2018 | 11:18 am

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