Uganda sets up state-owned firm to take stakes in mining operations
Uganda has formed a state-owned mining company to manage the government’s equity interests in mining operations, its minister for energy and mineral development, Ruth Nankabirwa, said.
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Visit: 27
Eros Resources to merge with Canadian mining rivals
Canadian small-scale gold miner Eros Resources would merge with rivals MAS Gold and Rockridge Resources to develop copper and gold projects in the province of Saskatchewan, the companies said on Tuesday.
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Visit: 44
Gold prices and poverty fuel illegal mining in Peru’s Amazon
The Nanay River meanders through Peru’s Amazon jungle supplying water to Iquitos city’s half a million inhabitants.
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Visit: 47
Saudi’s mining minister sees no obstacles to dealmaking in Canada
Saudi Arabia’s mining minister doesn’t see any barriers preventing dealmaking by the Kingdom into Canada’s mining sector, despite government rules restricting investments from state-owned foreign entities.
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Visit: 48
Adani’s billion-dollar copper play slows amid mining shortfall
Gautam Adani’s $1.2 billion copper smelter will face a slow ramp up to reach its nameplate capacity as a global shortfall of ore restricts supply to processors.
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Visit: 37
Mining industry struggles with valuation gap amid shift to copper
Leading mining companies are struggling to balance investor expectations for hefty returns with paying the necessary premiums to buy pure play copper companies as global demand for the metal sends valuations soaring.
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Visit: 28
Fortescue, Liebherr secure orders for 100 electric mining trucks
Australian miner Fortescue and German-Swiss equipment manufacturer Liebherr have secured orders for 100 autonomous battery-powered mining trucks for other mining and transport companies, Fortescue executive chairman Andrew Forrest.
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Visit: 43
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.
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Visit: 39
Rio Tinto chairman warns mining deals won’t solve supply crisis
The world needs more mines to cope with rising demand for key energy-transition metals like copper, as mergers and acquisitions will not plug a looming supply gap, Rio Tinto group chairman Dominic Barton said.
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Visit: 74
Giyani secures Botswana’s first manganese mining licence for Kgwakwe Hill
Botswana has granted Giyani Metals a 15-year mining licence for its flagship Kgwakwe Hill (K.Hill) project, positioning the company to become the country’s first producer of battery-grade manganese.
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Visit: 40
Gold-rich Sudan talks mining with Russia as war alliances shift
Gold-rich Sudan discussed boosting cooperation in the mining sector with Russia, as Moscow strengthens ties with the North African nation’s military-led government amid a 17-month civil war.
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Visit: 73
Coeur Mining shares rise on strong operating metrics at Rochester
Coeur Mining’s shares rose on Thursday after the company reported positive operating metrics for the expanded Rochester silver-gold mine in Nevada, keeping it on track to achieve its ore placement and production targets in the second half.
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Visit: 95
Innovative technology to shine at WA Mining
The latest technology will be delivered to the heart of Australia’s resources sector, with this year’s WA Mining Conference and Exhibition (WA Mining) combining digital innovation with operational excellence.
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Visit: 69
American Creek firms up $152 million sale to Cunningham Mining
American Creek Resources (TSXV: AMK) has firmed up its proposed sale to privately held Cunningham Mining Ltd. in an arm’s-length, all-cash deal valued at C$207 million ($152 million) with the signing of a definitive agreement dated September 5.
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Visit: 55
Epiroc opens surface mining automation centre
Epiroc has celebrated the grand opening of its new surface mining automation centre (SMAC) in Providence, Utah, which will focus on developing autonomous haulage solutions for the mining sector.
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Visit: 88
NSW Mining and Newcastle Knights extend partnership
The NSW Minerals Council and the Newcastle Knights have extended their long-standing partnership to 2027, cementing the NSW mining industry’s support of women’s sport.
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Visit: 57
Mining billionaire who banned work from home targets coffee runs
Staff at billionaire Chris Ellison’s mining company have already been banned from working from home. Stepping outside for a coffee could well be the next endangered perk.
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Visit: 53
Zijin Mining sees increasing threats to M&A ambitions
Major Chinese copper and gold producer Zijin Mining Group Co. said a slowing global economy, geopolitical tensions, and resource nationalism could restrict its overseas deal-making ambitions.
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Visit: 68
Nornickel examining impact of latest US sanctions
Russian mining giant Nornickel said on Monday it was examining the implications of new US sanctions on its subsidiaries, which are not involved in the company’s production and sales.
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Visit: 60
Lithium mining is slowly sinking Chile’s Atacama salt flat, study shows
Chile’s Atacama salt flat is sinking at a rate of 1 to 2 centimeters (0.4 to 0.8 inches) per year due to lithium brine extraction, according to a study by the University of Chile.
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Visit: 64
Argentina to sign deal with US to boost metals mining
Argentina will sign an agreement with the US to draw more investment and trade in critical-minerals mining, a State Department official said, part of an ongoing US effort to boost supply chains for the metals that don’t involve China.
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Visit: 76
Coal-rich Indian state to pass mining tax after court ruling
The Indian state of Jharkhand has passed a bill imposing mining taxes, according to people familiar with the matter, a move that’s set to inflate the prices of minerals from coal to bauxite.
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Visit: 80
Mt Carbine enters new mining era
EQ Resources (EQR) will transition its Mt Carbine tungsten project in north Queensland to an owner-operator mining model in a bid to increase cost savings, operational control, and mining flexibility.
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Visit: 80
Evolution Mining targeted in latest cyber attack
Australian’s Evolution Mining said on Monday that it became aware of a cyber attack last week, amid a spate of similar incidents that have plagued domestic firms.
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Visit: 72
Evolution Mining targeted in latest cyber attack
Australian’s Evolution Mining said on Monday that it became aware of a cyber attack last week, amid a spate of similar incidents that have plagued domestic firms.
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Visit: 63