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Australian rail workers plan strikes that could hit key coal haulage tracks

13th December 2018 Coal railway workers at Australian hauler Aurizon Holdings are planning strikes after a breakdown in pay negotiations, their trade union said, a move that could delay shipments from the world's largest coking coal export region. Miners including BHP Billiton, Glencore, Anglo American and... 

Germany secures access to vast lithium deposit in Bolivia

12th December 2018 Germany and Bolivia on Wednesday sealed a partnership for the industrial use of lithium, a key raw material for battery cell production, in an important step to become less dependent on Asian market leaders in the dawning age of electric cars. Interest in battery metals such as cobalt, nickel... 

Greece seeks to avert nickel producer Larco shutdown

12th December 2018 Greece is trying to avert the possible closure of Europe's biggest nickel producer Larco and is looking at ways to ensure there are no interruptions to its electricity supply, the country's energy ministry said on Wednesday. Larco, which is 55%-owned by the Greek state, owes about €280-million... 

Gold production resumes at Randgold's Loulo mine in Mali

12th December 2018 Production at Randgold's Loulo gold mine in Mali resumed on Wednesday after a week-long outage over a pay dispute, the head of the union said, warning of possible further industrial action. The head of the industry and mines union SECNAMI, Bani Sacko, told Reuters workers had returned to work... 

Nigerian court adjourns MTN, central bank case until January 22

12th December 2018 A Nigerian judge adjourned on Wednesday a hearing over an $8.1-billion dispute between South African telecoms giant MTN and the central bank until January 22. The dispute is over the transfer of $8.1-billion of funds which Nigeria's central bank said the company had sent abroad in breach of... 

Kazatomprom says it has not initiated KASE listing

12th December 2018 Kazakh uranium miner Kazatomprom has not initiated the admission of shares to the Kazakh Stock Exchange, the company said on Wednesday. The exchange said this week it has opened trading in Kazatomprom shares which had initially been listed on another Kazakh bourse, the Astana International... 

Australia plans deal with US on 'critical minerals', hopes to boost its exports

12th December 2018 Australia is this week set to sign a preliminary deal with the United States to support joint research and development of minerals deemed critical to the US economy, a government minister said on Wednesday. That comes as Washington is looking to diversify its sources of supply for 35 minerals... 

Dry conditions threaten 2019 maize crop – Grain SA

12th December 2018 Dry conditions in the main part of South Africa's maize belt have delayed crop plantings, threatening yields for the staple food and sending prices sharply higher, the farmers lobby group Grain South Africa said on Tuesday. With the optimum planting window fast closing in the western part of the... 

Tanzania to sign deal this week for $3bn power plant – President

12th December 2018 Tanzania will sign a deal this week for the construction of a $3-billion hydroelectric power plant, the president said in remarks broadcast on state television on Tuesday. President John Magufuli did not name the company awarded the contract for the power plant and dam to be built in the Selous... 

Botswana’s Mowana copper mine suspends operations over working capital

12th December 2018 Mowana Mine, Botswana's only operating copper mine, has suspended operations due to working capital constraints which has seen the company fail to pay salaries and suppliers, it said on Tuesday. Mowana had a conditional $4-million working capital facility from Fujax Minerals and Energy Limited,... 


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