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Kibali’s $500m to leave Congo is very close

Barrick Gold’s Kibali gold mining joint venture in Democratic Republic of Congo will be able to get $500-million out of the country very soon, CEO Mark Bristow told Reuters on Monday. The gold miner has been in discussions with Congo’s government over how...

BHP to introduce remote-in, remote-out arrangement

Image: BHP BHP has flagged the start of a new travel arrangement called remote-in, remote-out, which emerged in response to the travel restrictions caused by COVID-19. The company used wearable mixed reality devices such as Microsoft’s HoloLens to allow its...

Copper prices soar

Copper prices have continued their resurgence, finishing yesterday’s trading on the London Metal Exchange worth $US6112.50 ($8781) a tonne. The prices of copper are expected to continue their upward trajectory as the global supply gets impacted by the increased spread...

Coal production anticipated to surpass target

COAL mining has been identified as one of the sectors expected to contribute significantly to the target of a 12-billion-dollar mining industry by 2023. Current projections indicate that the coal mining will surpass the one billion United States dollar target by 2023...

Coal Wins! Atlantic Coast Pipeline Canceled

Demonstrators chant and hold signs behind a display of coal ash and the chemicals in it. Coal and railroads are the big winners after the cancelation of the Atlantic Coast Pipeline. Dominion Energy and Duke Energy are absorbing the billions of dollars spent in the...
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