Petra Diamonds accused of human rights abuses in Tanzania
Struggling Petra Diamonds (LSE:PDL), which put itself up for sale in June, is facing allegations of human rights abuses by the security guards at its Williamson mine in Tanzania. The…
Africa
Ivanhoe’s Kakula could become world’s second-largest copper operation: study
Ivanhoe Mines (TSX: IVN; NYSE: US-OTC: IVPAF) has published the results of an independent definitive feasibility study (DFS) for its Kakula project in the Democratic Republic of the Congo (DRC),…
Too many tools adds risk to mining operations, says IsoMetrix’s Robin Bolton
A new set of guidelines has been released called the Global Industry Standard on Tailings Management to help strengthen mining practices, with the goal of zero harm to people and…
Russia’s Nordgold sweetens offer in takeover battle with China’s Shandong over Cardinal Resources
Nordgold has sweetened its proposed takeover offer of Cardinal Resources (ASX, TSX: CDV) in order to beat out competition from China’s Shandong Gold. The latest offer would see the Russian…
Ivanhoe expects first copper at Kakula in less than a year
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) expects to begin producing copper at its Kakula project in the Democratic Republic of Congo (DRC) in less than a year, as total underground…
‘Conscious capitalism’: Impact investing panel debates social role of mining industry at the Global Mining Symposium
The Northern Miner kicked off its inaugural Global Mining Symposium on Tuesday, with mining leaders, influential investment professionals, and forward-thinking innovators from around the world. The three-day event includes panel…
AngloGold, Barrick to sell 80% of Morila mine in Mali
AngloGold Ashanti (NYSE: AU) and partner Barrick Gold (TSX: ABX; NYSE: GOLD) are selling their 80% stake in Mali’s Morila gold mine amid political uncertainty in the country following a…
Danakali plans construction at large-scale potash project in Eritrea
Australia’s Danakali (ASX, LON: DNK) said it plans to spend the rest of the year raising funds to bring its Colluli potash project in Eritrea closer to construction. Reporting on…
South Africa ministry approves AngloGold asset sale, blocks delisting
South Africa’s mines ministry has approved the sale of AngloGold Ashanti’s (NYSE: AU; JSE: ANG) last remaining assets in the country to Harmony Gold (NYSE: HMY), on condition that it…
Trevali prefeasibility expands Rosh Pinah mine in Namibia
The results of Trevali Mining’s (TSX: TV; US-OTC: TREVF) prefeasibility study of an expansion of the Rosh Pinah zinc-lead-silver underground mine in Namibia to 1.3 million tonnes per year, up…
Mali coup delays sale of Iamgold’s Sadiola gold mine
Iamgold (TSX: IMG; NYSE: IAG) has delayed the sale of its Sadiola gold mine in Mali, a joint venture with South Africa’s AngloGold Ashanti (NYSE:AU), as the country reels from…
Glencore’s Mutanda mine on care and maintenance for ‘two years at least’: report
A year ago, Glencore (LSE: GLEN) announced it was halting operations at its Mutanda copper-cobalt mine in the Congo, breathing life into a market that was trading at levels 70%…