Asia Pacific
Harmony Gold and Newcrest to invest $2.3bn in Papua New Guinea mine development
Harmony Gold Mining and Newcrest Mining are set to invest $2.3bn in developing their Golpu deposit in Papua New Guinea. Harmony and Newcrest each own 50% of the Golpu project through the Wafi-Golpu Joint Venture (WGJV). The...
Asia Pacific
Glencore mulls sale of nickel and cobalt projects in WA
Mining major Glencore has announced plans to sell some of its nickel and cobalt projects due to lower prices. The company's decision comes soon after it announced its aim to focus on returning cash to shareholders. ...
Asia Pacific
Gas explosion at Xingyun Colliery kills ten workers
An underground gas explosion at the Xingyun Colliery in China has killed at least ten mine workers. According to reports from state-run Xinhua news agency, the explosion occurred at the mine in northeast China's Heilongjiang Province and the...
Asia Pacific
Glencore mulls sale of nickel and cobalt projects in WA
Mining major Glencore has announced plans to sell some of its nickel and cobalt projects due to lower prices. The company's decision comes soon after it announced its aim to focus on returning cash to shareholders. ...
Asia Pacific
BHP Billiton’s $15bn demerged unit may be named South32
BHP Billiton has proposed to name its demerged company as South32, which will hold its non-core assets worth about $15bn. The company plans to bring its aluminium, nickel, silver and coal divisions into a separate entity to improve...
Africa
Dropping oil prices to cost Nigeria US$25bn within the next one year
Nigeria is bound to lose an approximate amount of US$ 25bn in the coming one year if they fail to recover from slumping oil prices. With the oil per barrel price standing at US$ 68.53 currently against...
Europe
GW4 Alliance project aims to produce clean water from Cornish tin mine
GW4 Alliance has initiated a new research project that uses algae to harvest precious heavy metals and produce biofuel while cleaning up water at a Cornish tin mine. GW4 consists of South West and Wales' research-intensive universities, Bath,...
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