Resolute pays US$50M to Mali junta amid tax spat
Resolute Mining (ASX: RSG; LSE: RSG) has made the second settlement payment of about US$50 million to the Malian government to help resolve a tax dispute, the company said Friday….
Africa
Botswana Diamonds granted environmental nod for Thorny River
Botswana Diamonds (LSE: BOD) said on Friday that South Africa’s Department of Mineral Resources and Energy had approved the environmental authorization for one of its two mining permit applications tied…
Madagascar lifts suspension on Energy Fuels’ critical minerals project
Madagascar has lifted its suspension on Energy Fuels‘ (TSX: EFR; NYSE: UUUU) Toliara critical minerals project, aiding the company’s diversification from uranium as it restarts development on what could be…
ArcelorMittal blames EU policy gaps for greening delay
ArcelorMittal (NYSE: MT), the world’s second-largest steelmaker, is delaying plans for transitioning to low-carbon steel production, blaming insufficient policy clarity and support from the European Union for its decision. The…
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…
Premium shares jump on Botswana copper-nickel project initial resource
An initial estimate for Premium Resources’ (TSXV: PREM) past-producing Selkirk project in eastern Botswana outlines 44.2 million inferred tonnes grading 0.3% copper and 0.24% nickel, the company reported Wednesday. Shares…
Mining CEO salaries rise, but gender diversity remains elusive, Bedford report finds
Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, according to the Bedford Group/TRANSEARCH’s 2024 Board and Executive Compensation Report. Companies with assets under…
Four Barrick Gold employees detained in Mali
Employees of the Loulo-Gounkoto mine were detained amid the government’s push for higher mining taxes.
Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…
Mining’s old guard needs strong medicine
MINING.COM’s ranking of world’s 50 most valuable miners enjoyed a combined market capitalization of US$1.51 trillion at the end of Q3, up by single digits since the start of the…
JV Article: Sandvik launches global parental leave program for employees
Swedish multinational engineering company Sandvik, which specializes in mining equipment and component manufacturing, has rolled out a 14-week parental leave program for its employees worldwide. The program provides 90% of…
UK gov’t finds Glencore fell short of business guidelines in Chad
Case centres on a 2018 toxic spill at the Badila oilfield, equivalent in volume to 34 Olympic-sized swimming pools.