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Australia's Prospect Resources picks adviser for sale of Zimbabwe lithium mine

6th July 2020 Australian-listed Prospect Resources said on Monday it had picked Renaissance Securities Capital as its exclusive financial advisor for the possible sale of shares in Zimbabwe's Arcadia Lithium mine to Russian energy firm Uranium One. Uranium One, a unit of Russia's state-owned nuclear energy... 

Indonesia says trade, investment deal with Australia takes effect

6th July 2020 An Indonesia-Australia deal that eliminates most trade tariffs between the two nations and aims to open up investment, took effect on Sunday, Indonesia's Trade Ministry said. The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), signed last year and ratified by the... 

Mitsui Mining resumes operation of Peru's zinc mines

6th July 2020 Japan's Mitsui Mining and Smelting said on Monday its two zinc mines in Peru resumed operations on July 2 after a closure of more than three months to limit the spread of the novel coronavirus. The company's Huanzala and Palka mines had been suspended since March 16 after the local government... 

Small tailings dam collapses in Ecuador, communities denounce pollution

6th July 2020 A small tailings dam associated with a mine run by Ecuadorean firm Austro Gold has collapsed, Ecuador's government said on Friday, sending mining waste into a nearby river. A retaining wall collapsed at the Armijos tailings station, located in the Camilo Ponce Enriquez area in southern Ecuador,... 

Vale CFO says dividend payments may resume depending on coronavirus pandemic

6th July 2020 Brazilian miner Vale is ready to resume dividend payments to investors and is just waiting for more certainty around the coronavirus pandemic before approving the move, CFO Luciano Siani told investors on Friday. Vale has suspended dividend payments since the Brumadinho, Minas Gerais, dam burst,... 

Codelco to suspend El Teniente copper mine expansion, cites pandemic

6th July 2020 Chile's State-run Codelco said on Saturday it would temporarily halt construction on a new level at its flagship El Teniente mine, a move it said was necessary to combat the fast-spreading coronavirus pandemic. World top copper producer Codelco said in a statement the measure would bring the... 

Keep SMB's Congo coltan mine in supply chains, says mineral tracker

5th July 2020 Insecurity around Société Minière de Bisunzu's (SMB) coltan mine in Democratic Republic of Congo could get worse if it is cut out of supply chains following a deadly grenade attack there, the company running the mine's mineral tracing scheme said. Up to three people were reported killed in the... 

Sasol gives up licence to seek offshore gas in Mozambique

5th July 2020 South African petrochemicals giant Sasol has opted to give up its licence to explore for gas off the Mozambique coast, the company said on Sunday. "Sasol will return Block 16/19 in its entirety to the Government of Mozambique. To this end, a withdrawal notification has already been sent to the... 

Congo mines minister to meet with firms on confinement moratorium

5th July 2020 Democratic Republic of Congo mines minister Willy Kitobo Samsoni plans to meet with mining companies to agree a moratorium on confining workers to mine sites due to the coronavirus. Civil society groups last month demanded an end to mandatory mine-site confinement policies put in place by copper... 

Czech coal miner OKD shuts mines for 6 weeks after virus outbreak

3rd July 2020 Czech State-owned hard coal mining group OKD will shut all its mining operations for six weeks from Friday as it battles an outbreak of coronavirus infections, it said on Thursday. The mines, in the country's east near the Polish border, have been the Czech Republic's main hot spot of new cases... 

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