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Reuters

Research firm criticises Goldcorp chair payment over Newmont deal

11th March 2019 Gold research firm Shareholders' Gold Council (SGC) on Monday criticised Goldcorp's decision to approve an additional payment for chairperson Ian Telfer with regard to its proposed merger with Newmont Mining. According to a Goldcorp circular cited by SGC, Telfer will be entitled for a lump sum... 

Brazil aims to open indigenous reserves to mining - Minister

11th March 2019 The government of Brazil's right-wing President Jair Bolsonaro is preparing an overhaul of mining sector regulations that will include opening up indigenous reserves to mining, the country's mines and energy minister said. Mining in indigenous reserves is currently prohibited. 

Vale removes executives after request by dam burst prosecutors

11th March 2019 Brazilian mining company Vale said on Friday it has formally removed some executives from their positions after a request by Brazilian prosecutors investigating a dam burst that killed hundreds of people. Vale did not identify the executives or say what relation they had with the operation in... 

Glencore signs annual zinc treatment charges deal with Canada's Noranda

11th March 2019 Global trader and miner Glencore has struck a deal with its Canadian subsidiary Noranda Income Fund on the terms of zinc treatment charges for the coming year, but did not disclose the fees, the fund said on Friday. Noranda, whose operations include a zinc processing facility in Quebec, last... 

Rio Tinto talking to Apple on next step of carbon-free aluminium project

11th March 2019 Rio Tinto is in talks to move into the next phase of an agreement with Apple, CEO Jean-Sebastien Jacques said on Friday, as the miner looks to transition its aluminium business to tap a low-carbon economy. Last May, Rio and Alcoa announced a joint venture, backed by Apple, to commercialize by... 

Tianqi Lithium to name 'fair, responsible' directors for SQM board

8th March 2019 hina's Tianqi Lithium plans to appoint three members to the board of Chilean miner SQM who will be "fair" and "responsible toward shareholders", Tianqi chairperson Jiang Weiping said on Friday. Tianqi's $4.1-billion purchase of a 23.77% stake in SQM, the world's second-biggest producer of... 

Indonesia approves copper concentrate export allowances for Freeport, Amman Mineral

8th March 2019 The Indonesian government has approved one-year export allowances for copper concentrate for miners PT Freeport Indonesia and PT Amman Mineral Nusa Tenggara, officials from the Ministry of Energy and Mineral Resources said on Friday. Freeport will be given an allowance of 198,282 wet tonnes of... 

Botswana sees lower mineral revenues in 2019

8th March 2019 Diamond-rich Botswana expects mineral revenues in the 2019/20 fiscal year to drop by 4% to 13.6-billion pula ($1.26-billion) due to a decline in royalties and dividends, a minerals ministry budget document showed on Thursday. Mineral Resources Minister Eric Molale said in the document that global... 

Awash with plastic bottles and lacking a law, Kenya struggles to recycle

8th March 2019 As global concern over plastic pollution rises, corporate giants such as Coca-Cola and Unilever are pumping cash into a recycling initiative in Kenya they hope will provide a model for other developing countries. However, the voluntary scheme lacks legal backing, leaving a few companies to pick... 

Tanzania orders cleanup at Acacia gold mine, threatens closure

8th March 2019 Tanzania has given Acacia Mining up to March 30 to stop waste water pollution at North Mara gold mine or face a shutdown, its mining minister said. Doto Biteko, said he had issued the deadline to stop what he said was seepage of contaminated water from a mining waste storage dam to surrounding... 

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