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Strike ends at Chile's Chuquicamata copper mine after vote on Codelco offer
By: Reuters 28th June 2019 The three main labor unions at Chile's Chuquicamata mine voted on Thursday to accept the latest contract offer from Codelco, the world's largest copper producer, ending a two-week-old strike that had docked output at the sprawling copper deposit. The unions, which make up 80% of the workforce at... →
Alaska mine with $100bn lode to get lifeline from Trump EPA
By: Bloomberg 26th June 2019 The Trump administration is throwing a lifeline to the massive Pebble mine planned near Alaska’s Bristol Bay, as regulators move toward undoing Obama-era environmental restrictions that have thwarted the project. The Environmental Protection Agency (EPA) will resume considering on Wednesday... →
‘Platinum Valley’ SEZ in three months – Patel 
By: Martin Creamer 26th June 2019 The legal entity for the Bojanala Platinum Valley Special Economic Zone (SEZ) in North West, which already has an investment pipeline in place, will be set up in the next three months, Trade and Industry Minister Ebrahim Patel promised on Tuesday evening. Fuel cell development is listed as the... →
Zaldivar mine asks for more time to answer questions amid Atacama water concerns
By: Reuters 26th June 2019 Chilean copper miner Antofagasta said on Tuesday it would ask regulators for more time to answer questions about an environmental impact study for its Zaldivar mine, which draws water from Chile's lithium-rich Atacama salt flat. Chilean regulators last year delayed their review of Zaldivar's... →
Major Drill Targets Confirmed at Haneti Nickel Project
26th June 2019 Katoro Gold PLC, the Tanzanian focused exploration and development company, is pleased to provide an update in respect of its 75% owned Haneti Nickel Project (‘Haneti’ or the ‘Project’) in Tanzania. Highlights Indications that Haneti could host a chonolith type nickel sulphide deposit following... →
Citic Metal receives internal approvals to complete investment in Ivanhoe
By: Tasneem Bulbulia 25th June 2019 China's Citic Metal has confirmed to Ivanhoe Mines that it has received the necessary internal approvals for its subsidiary Citic Metal Africa to complete its second investment in the TSX-listed miner for an additional C$612-million, or $464-million. This investment will be Citic’s second major... →
Rio Tinto removed from Norway blacklist after selling polluting mine
By: Bloomberg 25th June 2019 Norway’s $1-trillion wealth fund has removed Rio Tinto from its investing blacklist after the world’s second-biggest miner sold out of the controversial Grasberg mine in Indonesia. Norway has refused to buy Rio Tinto stock for more than a decade because of the environmental damage caused by one... →
Glencore cuts out agents and dealmakers as scrutiny grows
By: Bloomberg 25th June 2019 Glencore is cutting out many of its intermediaries – the agents and dealmakers once essential to cracking the toughest markets – amid growing scrutiny of its operations around the world. Under pressure from its compliance division, Glencore is dismantling much of its global network of trading... →
MOD backs improved A$167m offer from Sandfire
By: Esmarie Iannucci 25th June 2019 Copper miner Sandfire Resources has made an improved A$167-million takeover offer for Africa-focused copper developer MOD Resources. Under the offer agreement, each MOD shareholder could elect to receive either 45c in cash for each of their shares, capped at A$41.6-million or 25% of the overall... →
Strike at top copper miner seen wiping 10 000 t from market
By: Bloomberg 25th June 2019 A strike at a major copper mine in the world’s largest producer of the metal risks wiping out 10 000 metric tons from a market that’s already expected to end the year in deficit, according to an industry consultant. The stoppage at the Chuquicamata mine in northern Chile could cost No. 1 global... →
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