http://www.miningweekly.com
R/€ = 16.45 Change: 0.02
R/$ = 14.49 Change: 0.01
Au 1303.21 $/oz Change: -1.48
Pt 855.34 $/oz Change: 19.06
 

Bloomberg

Palladium tops $1 600 as metal sets new highs on supply shortage

19th March 2019 Palladium topped $1 600/oz for the first time, and there’s little sign of the rally slowing as global supply tightens. The price of the metal – mainly used in autocatalysts in gasoline vehicles – has almost doubled from a recent low in August. Demand has remained robust as manufacturers scramble... 

Vale dam fallout deepens with mine closure and blocked funds

19th March 2019 Vale’s shares declined on Monday as the world’s biggest iron-ore producer faces continued backlash from Brazilian authorities after a deadly mining accident in January. Rio de Janeiro-based Vale was ordered on March 15 to shut its Timbopeba mine in Minas Gerais state, which produces 12.8-million... 

Rio Tinto must face SEC suit over Mozambique coal assets

19th March 2019 Rio Tinto Group must face a US Securities and Exchange Commission (SEC) lawsuit over the company’s valuation of coal assets in Mozambique, a federal judge ruled. US authorities in October 2017 filed fraud charges against London-based Rio Tinto, former CEO Tom Albanese and former CFO Guy... 

Opec+ affirms commitment to oil cuts, defers decision to extend

18th March 2019 Saudi Arabia led fellow members of the Opec+ coalition to reaffirm their commitment to output cuts, but conceded they should defer until June the decision on whether to extend the curbs. A committee of the most influential members in the 24-nation alliance, which includes Russia, Iraq and the... 

Bristow taking Barrick helm aids Acacia talks, Tanzania AG says

18th March 2019 Mark Bristow taking over the leadership of Barrick Gold facilitated negotiations with Tanzania about a multibillion-dollar tax dispute that could be resolved by May, the country’s attorney general said. Barrick unit Acacia Mining has been at odds with Tanzania’s government since July 2017, when... 

Channelling Thatcher, South Africa’s President takes on its unions

18th March 2019 In 1987, an anti-apartheid firebrand named Cyril Ramaphosa led South Africa’s biggest-ever mining strike. Some 300 000 miners – from a union Ramaphosa himself had founded – walked off the job, protesting pay and working conditions. The mining company “used fascist methods to destroy workers’... 

The coal miner who bet everything on US power markets and lost

18th March 2019 Eleven years ago, Cloud Peak Energy made an all-or-nothing bet its rivals were unwilling to match: that coal would remain indispensable to the US power sector. That gamble has now pushed it to the brink of bankruptcy. 

Deripaska sues over US sanctions, claims $7.5bn loss

18th March 2019 Russian billionaire Oleg Deripaska is fighting back in a US court against American sanctions that he said are unfairly destroying his global businesses and are based on unproven allegations about his close ties to the government of Russian President Vladimir Putin. Deripaska, who made his... 

Brazil court orders Vale to stop operations at another mine

18th March 2019 A Brazilian court ordered Vale to halt production at another of its iron-ore mines, further reducing the company’s output capacity after a deadly dam burst increased government scrutiny over its operations. The Timbopeba mine in Minas Gerais state produces 12.8-million tons of iron-ore per year,... 

A mini-solar farm is floating in a dam of liquid copper waste

15th March 2019 Chile has found another use for dams that hold the liquid waste from massive copper-mining operations: power generation. Calling it the first project of its kind in the world, Anglo American has installed 256 photovoltaic panels at the tailings dam for its Los Bronces complex in Chile. 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close