Acacia Mining will seek fresh ways of settling a bitter tax dispute with the Tanzanian government that has now moved into its 19 month, with no resolution in sight. “We will…be reaching out to the government to seek the opportunity for direct dialogue regarding the ongoing...
Chinese companies will lead the ongoing rebound of mergers and acquisitions (M&A) in the global mining sector in 2019, according to delegates at the China Mining conference in Tianjin. M&A activity in mining powerhouse Canada reached a seven-year high in the third quarter of 2018, boosted...
South African fertiliser company Kropz has confirmed it will list on London’s Alternative Investment Market (AIM) by the end of the month and appointed a former BHP board member as its chairman. The company plans to use funds raised by the IPO to progress its Elandsfontein...
BHP has paid around US$60 million to increase its stake in Ecuador-focused gold miner SolGold to 11.2%, rivalling the 14.5% stake held by Australia’s largest listed gold firm Newcrest Mining. The latest investment nearly doubles BHP’s ownership in SolGold, after the world’s biggest miner first bought...
The Canadian Mining Hall of Fame (CMHF) will welcome five new individuals in 2019 who have made outstanding contributions to Canada’s mining industry. Kate Carmack (joining the Klondike Discoverers), James Franklin, James Gill, Sandy Laird and Brian Meikle are the five who will be honoured for...
RNC Minerals, the company made famous by its discovery of over 9,000 ounces of high grade gold from a single blast at its Beta Hunt mine in Western Australia last month, has recovered the first specimen. The Canadian miner said the slab was cut in the...
Toronto’s venture exchange market the TSXV welcomed two mining companies to its ranks last month, in the shape of Ecuador-focused Luminex Resources and British Columbia gold explorer Vizsla Resources Corp. Luminex listed in early September after it was formed one month prior as a spin-out of...
Australian gold producer Evolution Mining will lead the discussion on mining technology and innovation at Unearthed Sydney 2018. The fourth edition of the hackathon will take place from 12-14 October at the Amazon Web Services (AMS) Sydney office, and invites attendees to dig through data and...
Rio Tinto has become the latest mining company to launch a large-scale iron ore replenishment drive in Western Australia, after it announced it would spend US$1.55 billion to maintain production capacity at two projects. The Anglo-Australian major and its joint venture partners Mitsui & Co and...
South Africa has published a revised version of the new charter for the mining sector, which will attempt to reverse the recent decline in the industry and attract fresh investment. The unveiling of the third version of the charter brings to an end a seven-month engagement...