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First Quantum Calls Off Massive Job Cuts Amid Tax Increases in Zambia
January 28, 2019
Mining giant, First Quantum Minerals Ltd has pledged not to fire any worker in the wake of mining tax changes coming into force this year. FQM said although new tax measures were introduced on January 1st 2019, it would reduce
Brazil Suspends Search for Missing After Vale’s Dam Burst at Córrego do Feijão Mine, 40 Fatalities
January 27, 2019
Brazilian officials on Sunday suspended the search for potential survivors of a dam collapse that has killed at least 40 people amid fears that another nearby dam owned by the same company was also at risk of breaching. Authorities were
First Quantum Suspends Operations at Cobre Las Cruces After Land Slippage, Spain
January 25, 2019
First Quantum Minerals Ltd. said that during the early morning hours of January 23, a land slippage occurred on the slope of the northern zone of the open pit mine in the Cobre Las Cruces (CLC) mining hydrometallurgical complex, located
Glencore Appoints New Executives to Operate Katanga Mining
January 24, 2019
Commodity trader Glencore has tightened its control on Katanga Mining with the appointment of new executives and the signing of a management services contract to operate its troubled copper and cobalt business in the Democratic Republic of Congo (DRC). Glencore
Fatality at Harmony Gold’s Phakisa Gold Mine, South Africa
January 24, 2019
A mine worker died following a fall at the Phakisa gold mine near Welkom on Tuesday morning. “Harmony Gold Mining Company Limited regrets to advise that one of its employees was fatally injured following a fall of ground incident at
MOD Resources Raises $15 Million to Advance T3 Copper Project, Botswana
January 24, 2019
MOD Resources announced that it has raised $15m capital to advance the T3 Copper Project in Botswana. The majority of funds are expected to be used for working capital to advance the T3 Copper Project, towards production and procuring additional
Tlou Energy Highlights Excellent Progress at Botswana Coal Bed Methane Project
January 24, 2019
Tlou Energy Ltd said excellent progress has so far been made with the drilling operation at its Botswana coal bed methane (CBM) project, which began recently. In its third quarter report, Tlou also highlighted that it has submitted an environmental
Ghana Government Expected to Receive $2.2 Billion from Reopened Anglogold Ashanti Mine
January 24, 2019
Government is expected receive direct taxes of about $2.2 billion from the reopened Anglogold Ashanti Gold Mine, should they meet the target of producing an estimated 500,000 ounces of gold each year. This follows plans by the company to also
Lucapa’s Mothae Mine Exceeds Expectations, South Africa
January 24, 2019
The Mothae mine in Lesotho is performing better than expected since reaching commercial production in the fourth quarter. The asset is producing 3.94 carats per 100 tonnes, compared to the initial resource guidance of 1.92 carats per 100 tonnes, the
European Space Agency Plans to Start Mining for Natural Resources on the Moon
January 24, 2019
The European Space Agency plans to start mining for water and oxygen on the moon by 2025. The agency announced Monday it has signed a 1-year contract with European aerospace company ArianeGroup to explore mining regolith, also known as lunar
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