Mining
China’s Zijin Mining to buy Newmont’s Ghana gold project for US$1 billion
CHINA’S Zijin Mining Group will buy the Akyem Gold Mine Project in Ghana from US-based Newmont for US$1 billion, the companies said on Wednesday (Oct 9).The sale is a...
Glencore to announce future of coal mining business next week
The coal business is one of Glencore’s most profitable units, driving record returns in recent yearsGlencore said it will announce whether it plans to spin off its coal business...
Indonesia law giving religious groups mining permits sparks outrage
A new law allowing the Indonesian government to grant permits to religious organisations to operate mines has outraged environmentalists in the world’s leading nickel producer.Outgoing President Joko Widodo, popularly...
China national detained for illegal mining in Indonesia’s Borneo
Indonesian authorities have arrested a Chinese national suspected of conducting illegal mining activities in Borneo, according to a statement from the Energy and Mineral Resources Ministry. The suspect, who was...
Philippines says US, China eyeing mining opportunities, especially in nickel
NUMEROUS countries including the United States and China have expressed interest in collaborating with the Philippines for mining opportunities particularly in nickel, its environment minister said on Friday.Maria Antonia...
FTSE 100 hits record high on big mining M&A, earnings push
BRITAIN’S FTSE 100 hit a record high on Thursday (Apr 25) as miner Anglo-American surged on a buyout offer from BHP Group, while investors cheered earnings from several blue-chip...
China to invest in Canada mining despite crackdown, envoy says
CHINA’S ambassador says the country will continue to do business in Canada’s domestic critical minerals sector despite Prime Minister Justin Trudeau’s “unfortunate” crackdown on foreign investment. Ambassador Cong Peiwu...
School Employee Charged Over Secret Crypto Mining Operation | Entrepreneur
A former school employee in Cohasset, Massachusetts is facing criminal charges after investigators discovered a "cryptocurrency mining operation" underneath the building. According to the Cohasset Police Department, Nadeam Nahas,...
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