24/02/2020
Egypt plans to launch an exploration round for gold in its Eastern Desert in the first half of March, an official at the mineral resources authority said on Sunday. Investors will be bidding on blocks which will be awarded to them within four months of the bid round being launched, the official said.
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24/02/2020
As gold prices rise, miners have been boosting shareholder payouts in the face of a decline in global output. That’s worrying some investors concerned about the longterm growth prospects of an industry built on a depleting resource.
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19/02/2020
China’s imports of refined copper are likely to slide for a second year running in 2020 while the country’s aluminium consumption will dip slightly after a rare fall in 2019, projections by research house Antaike showed on Tuesday.
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19/02/2020
Excellon Resources (TSE:EXN) has released exploration results from its Evolucion and Platosa properties in Durango, Mexico, reporting high-grade intercepts at both assets.
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19/02/2020
Fortescue Metals Group Ltd reported a near four-fold rise in half-year profit on Wednesday, beating estimates, as it cashed in on higher iron ore prices after a tailings dam disaster in Brazil early last year curtailed global supply.
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17/02/2020
Precious gemstones miner Gemfields has returned to trading on the AIM, the London Stock Exchange’s market for juniors, after delisting in 2017 following its acquisition by Pallinghurst Resources.
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17/02/2020
Glencore’s Katanga operation in Africa held unsold stocks of 12,797 tonnes of battery material cobalt with a current market value of more than $400 million at the end of last year, statements from Katanga show.
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17/02/2020
Peru’s mining sector fell by 0.05% in 2019, a report by the National Institute of Statistics and Informatics shows.
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30/11/-0001
M3 Metals (TSXV: MT) has mobilized crews to the field on the Mohave Mine Gold Project in Arizona for a preliminary work program. The purpose of the program is to confirm historic geological mapping and sampling and to prioritize drill targets for the planned drilling program currently being permitted.
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12/02/2020
BHP Group (ASX, LON, NYSE: BHP) is in talks with Chinese customers to delay shipments of copper concentrates as the nation extended plant shutdowns to combat the spread of the coronavirus, according to people familiar with the matter.
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12/02/2020
On Friday, seven Tanzanian citizens launched a legal claim at the British High Court against a subsidiary of Barrick Gold, alleging human rights abuses by security forces at the company’s North Mara mine.
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10/02/2020
Codelco and BHP’s (ASX, LON, NYSE: BHP) sprawling Escondida mine saw copper output rise in December, Chilean state copper agency Cochilco said on Friday.
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