Sudan gold mine collapse kills at least 60
At least 60 people were killed in a gold mine collapse in Sudan’s West Kordofan state as reports that survivors remained underground spurred calls for urgent rescue efforts. More than…
Articles by Cecilia Jamasmie
Radiant World sues Glencore for $2 billion
Radiant World and Sapphire Minmetals have sued Swiss miner and commodities trader Glencore (LSE: GLEN) in Singapore, seeking $2 billion (C$2.8 billion) in damages. Sapphire Minmetals, which used to be…
BHP faces arbitration in Port Hedland wage dispute
Workers at BHP’s (ASX, LSE, NYSE: BHP) Port Hedland operations are seeking binding intervention in a wage dispute that is deepening labour tensions at the world’s largest bulk export port….
U.S. takes 10% Trilogy stake in Alaska push
The U.S. government has closed a $35.6-million (C$49.4-million) investment giving it about 10% of Trilogy Metals (TSX, NYSE-A: TMQ), deepening Washington’s direct involvement in developing the company’s copper-rich projects in…
Saudi Arabia touts mineralized uranium, rare earths find
Saudi Arabia has identified an estimated 110 million tonnes of mineralized material containing rare earths and uranium in the Medina region as the kingdom moves to develop nuclear power and…
EU scrutiny of Anglo-MMG nickel deal tests China stance
China-backed MMG (HKG: 1208) is urging European regulators to approve its $500-million (C$690 million) purchase of Anglo American’s (LSE: AAL) Brazilian nickel business in a case that could test how…
Chile bill targets foreign cash for next mining boom
Chile is opening its capital markets to junior explorers as the world’s top copper producer and second-largest lithium supplier seeks more investment to fund new mineral discoveries. The Senate-approved bill,…
BHP, KGHM join forces in global hunt for copper
BHP (ASX, LSE, NYSE: BHP), the world’s largest miner, and KGHM Polska Miedź (WSE: KGH) are joining forces to hunt for new copper deposits globally as demand for the metal…
Galantas exits mired Omagh gold project in Ireland
Galantas Gold (TSX-V, LSE-A: GAL) has sold its remaining 20% indirect interest in Northern Ireland’s Omagh gold project to Ocean Partners UK for $5 million (C$6.92 million), completing its exit…
Swiss gold ban squeezes Sudan’s war economy
Switzerland has begun banning purchases and imports of Sudanese gold and restricting mining supplies in an effort to choke off a source of financing for the country’s three-year war. The…
MMG faces EU antitrust warning over Anglo nickel deal
MMG’s $500-million purchase of Anglo American’s (LSE: AAL) Brazilian nickel assets is facing another hurdle, with European regulators expected to formally spell out competition concerns about the Chinese-controlled miner’s proposed…
Rio Tinto wins Aboriginal consent for Winu copper mine
Rio Tinto (ASX, LON, NYSE: RIO) has secured Aboriginal consent for its Winu copper-gold project in Western Australia, advancing one of the miner’s most important near-term growth projects. The agreement…