by Gordon Barratt | Jun 10, 2020 | News
BHP’s Olympic Dam mine. Source: BHP Copper has risen to a three-month high of $US5700 ($8193) per tonne this week in a sign the base metal is bouncing back from its COVID-19 slump. The outright price of the commodity on the London Metal Exchange closed at $5774...
by Gordon Barratt | Jun 10, 2020 | News
The shareholders of gold miners Alacer Gold and SSR Mining will meet on Thursday to vote on a C$2.4-billion merger. Under the transaction, Alacer shareholders would receive 0.3246 SSR Mining shares for each Alacer share held, implying a consideration of C$8.19 a...
by Gordon Barratt | Jun 10, 2020 | News
A quarry site in Jabana, Gasabo District. The slowdown in mining and mineral trading has prompted the Government to devise new strategies to boost the sector and put it on a path to speedy recovery from the Covid-19 impact. / Photo: Julius Bizimungu. A set of...
by Gordon Barratt | Jun 10, 2020 | News
The federal government of Nigeria has commended Heritage Bank for being part of a valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Limited, saying the partnership will create new opportunities for Nigeria to grow its potential...
by Gordon Barratt | Jun 10, 2020 | News
China’s coal mining hub Shanxi will shut down all small-sized coal mines, with annual capacity below 600,000 tonnes, in the province by the end of 2020, the provincial authorities said in a statement. The northern province is China’s second biggest coal mining region...
by Gordon Barratt | Jun 10, 2020 | News
Laos has plans to build a new coal-fired power plant in Sekong province in the southeastern part of the country, raising concerns among local residents and environmental groups who fear damage to area farmland and forests, sources in the one-party communist state say....
