The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law, said to be aimed at letting a new company extract the island’s riches.
News ID: 3610 Publish Date : 2019/02/12
Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his copper project with Chinese partners, Zijin Mining Group and Crystal River Global, in the Democratic Republic of Congo “definitely” has the potential to become the world’s second-largest red metal mine.
News ID: 3580 Publish Date : 2019/02/06
Global miner Anglo American laid off 180 workers at its flagship Los Bronces mine in central Chile, part of a plan to boost productivity at the deposit that has raised the ire of some of its unionized workers.
News ID: 3512 Publish Date : 2019/01/31
Gold giant Barrick (TSX:ABX)(NYSE:GOLD) said Monday that while it continues to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for its Lumwana copper mine, it would consider selling the operation given the “challenging conditions” it’s facing.
News ID: 3357 Publish Date : 2019/01/22
China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo’s operation.
News ID: 3313 Publish Date : 2019/01/18
Concentrate exports from Indonesia's Grasberg mine, the world's second-largest copper mine, will drop about 85% this year because of a lag in output while operations shift from open pit to underground mining, a government official said on Wednesday.
News ID: 3221 Publish Date : 2019/01/10
British investment company Amedeo Resources announced on Thursday that it has acquired a 2.5% stake in Ganjine Kani Company for $500,000, a copper mining company close to the city of Mashhad in Iran.
News ID: 910 Publish Date : 2017/01/25