MINING.COM

Zambia’s state-controlled investment firm wants bigger stake in copper mines

Following sharp rise in copper prices this year, ZCCM Investments Holdings wants to increase its stakes Zambia’s mines and expects higher dividend payments.

Reuters | November 29, 2017 | 10:41 am

Chile mulls scrapping copper funding for country’s military

Copper execs see balanced market, warn on rising costs, regulation

Representatives of major mining companies believe the global copper market will be balanced for the foreseeable future even as mine supplies tighten and demand from China, the world's top consumer, remains strong.

Reuters | November 29, 2017 | 2:00 am

Volkswagen’s talks with cobalt producers end without deal

Meetings last week between major cobalt producers including mining giant Glencore to supply world’s largest automaker Volkswagen ended without a deal.

Reuters | November 27, 2017 | 10:43 am

Irish court approves Dalradian takeover of Minco

Canada’s Dalradian plans to dig deep for Northern Irish gold

Dalradian acquired mineral rights in 2009 to more than 80,000 hectares of land in Northern Ireland, including the Curraghinalt gold deposit.

Reuters | November 27, 2017 | 10:36 am

Adani hopes for govt coal mine loan fade after Australian election

The Queensland state premier, who had originally supported Adani's application for a federally funded loan, now says her government will veto it.

Reuters | November 27, 2017 | 10:28 am

Petra Diamonds' Tanzania mine ops suspended for three months

Petra Diamonds sees brighter 2018 after warning of debt breach

Despite possible breach of banking agreements, company execs believe finances will improve following lift of Tanzanian export ban.

Reuters | November 27, 2017 | 10:13 am

Rio Tinto in search of the next Escondida mine in Chile

Workers at BHP copper mine in Chile end strike over layoffs

Unionized workers at Escondida copper mine in Chile ended a 24-hour strike Friday but may put down tools again next week over company's planned layoffs.

Reuters | November 24, 2017 | 12:29 pm

Iron ore price up despite falling steel demand

Nickel rally stalls, electric car boost some years away

Slowing demand from China's stainless steel mills and rising supplies have halted a frenzied price rally and are likely to keep weighing on prices.

Reuters | November 24, 2017 | 12:20 pm

Asia gold-demand sluggish as high prices deter buyers

"Stable prices at higher levels have kept gold buying subdued," said Dick Poon, general manager at Heraeus Metals Hong Kong Limited.

Reuters | November 24, 2017 | 11:59 am

Clive Palmer’s Mineralogy takes Citic to court in A$10 billion lawsuit

Australia’s Clive Palmer wins court case against China’s CITIC

Palmer's Mineralogy claimed it is owed money by CITIC's Sino Iron mine in Western Australia over a failure to agree to a formula for calculating the value of the ore extracted at the site following a shift in pricing in the iron ore market.

Reuters | November 24, 2017 | 2:29 am

Chile’s Codelco copper output dips but company posts profit

Codelco Chief Executive Pizarro said company produced 1.24m tonnes of copper in January-to-September period, a 3 percent decline from same period last year.

Reuters | November 23, 2017 | 2:01 pm

Chile lithium miner SQM says legal dispute could linger through 2018

Sociedad Quimica Y Minera said on Thursday its ongoing legal dispute with Chilean authorities over royalty payments may not be resolved until end of 2018.

Reuters | November 23, 2017 | 12:23 pm

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