Zambian President Edgar Lungu. Image from You Tube.Zambian President Edgar Lungu threatened to "divorce" the domestic copper units of Vedanta Resources Plc and Glencore Plc after the companies said they'd curb operations in the southern African nation.The threat marks an escalation in tensions between the mining industry in Africa's second-biggest copper producer and the state, after an increase i...Read More

Zambian President Edgar Lungu. Image from You Tube.Zambian President Edgar Lungu threatened to "divorce" the domestic copper units of Vedanta Resources Plc and Glencore Plc after the companies said they'd curb operations in the southern African nation.The threat marks an escalation in tensions between the mining industry in Africa's second-biggest copper producer and the state, after an increase i...Read More

The company also issued lackluster guidanceChina-based search engine Baidu Inc (NASDAQ:BIDU) stock is plummeting in early trading, after the company announced itsfirst quarterly loss since at least 2005, and issued lackluster sales guidance ahead of a "more challenging market environment." As such, BIDU stock is 14.1% lower at $132.10, in response, trading at new three-year lows. BIDU has now los...Read More

BC Energy, Mines and Petroleum Resources Minister Michelle Mungall marked Mining Month last week by acknowledging that the industry provides 30,000 direct jobs in B.C. and will play a critical role in the global decarbonization effort.Indeed, because of the role it plays in providing the metals and minerals needed for renewable energy and electric cars, mining's hitherto environmentally destructiv...Read More

Michael Willoughby, head of Asia Pacific metals and mining investment banking at JPMorgan Chase & Co., is leaving to join British lender Standard Chartered Plc, people familiar with the matter said.Willoughby has been named co-head of metals and mining for the region at Standard Chartered and will be based in Singapore, the people said, asking not to be identified as the appointment isn't yet publ...Read More

Michael Willoughby, head of Asia Pacific metals and mining investment banking at JPMorgan Chase & Co., is leaving to join British lender Standard Chartered Plc, people familiar with the matter said.Willoughby has been named co-head of metals and mining for the region at Standard Chartered and will be based in Singapore, the people said, asking not to be identified as the appointment isn't yet publ...Read More

The pound dropped as British politicians failed to make progress on Brexit talks Dow Jones Industrial Average (DJI) futures are struggling this morning,more than 200 points below fair value as trade tensions with China flare up once more. According to state-run news agency Xinhua, Chinese Commerce Ministry spokesmanGao Feng accused the U.S. of "bullying behavior," and expressed reluctance to resum...Read More

". @ModResources is a dual listed copper exploration and development company with a dominant land position within the Kalahari Copper Belt in Botswana. We are looking forward to welcoming them on Mining Journal Select's stage this June #MJS #MJSelect"Read full newsRead More

South Africa's Competition Appeal Court said Friday that Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) planned takeover of Lonmin (LON:LMI) could go ahead, clearing the way for shareholders to vote on the transaction that would create the world's second-largest platinum producer.The transaction would create the world's second-largest platinum producerThe country's Competition Tribunal had approved t...Read More

South Africa's Competition Appeal Court said Friday that Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) planned takeover of Lonmin (LON:LMI) could go ahead, clearing the way for shareholders to vote on the transaction that would create the world's second-largest platinum producer.The transaction would create the world's second-largest platinum producerThe country's Competition Tribunal had approved t...Read More

Northern Superior Resources (TSXV: SUP) reported the discovery of eight gold-bearing structures and alteration zones at its Ti-pa-haa-kaa-ning (TPK) gold-silver-copper project in northwestern Ontario.In a press release, the miner said the discoveries represent a critical and important advance in defining bedrock-hosted high-grade gold mineralization, necessary to yield the unique world-class gold...Read More

Northern Superior Resources (TSXV: SUP) reported the discovery of eight gold-bearing structures and alteration zones at its Ti-pa-haa-kaa-ning (TPK) gold-silver-copper project in northwestern Ontario.In a press release, the miner said the discoveries represent a critical and important advance in defining bedrock-hosted high-grade gold mineralization, necessary to yield the unique world-class gold...Read More

Northern Superior Resources (TSXV: SUP) reported the discovery of eight gold-bearing structures and alteration zones at its Ti-pa-haa-kaa-ning (TPK) gold-silver-copper project in northwestern Ontario.In a press release, the miner said the discoveries represent a critical and important advance in defining bedrock-hosted high-grade gold mineralization, necessary to yield the unique world-class gold...Read More

Diamond Fields Resources (TSX-V: DFR) announced that it has entered into a cooperation agreement with TMH Acquisition, a special purpose vehicle established by the Denham Mining Fund, to advance the company's Beravina project in Madagascar.In a press release, Diamond Fields said that pursuant to the agreement, TMH will make an immediate payment of $250,000 and will fund the next stage of explorati...Read More

Billionaire mining investor Robert Friedland is close to a deal to take over an iron ore deposit in Guinea from owners including BHP Group, according to people familiar with the situation.Friedland is in advanced talks with BHP, Newmont Goldcorp Corp. and Areva SA, that will see him move to develop the Nimba deposit on Guinea's border with Liberia, said the people, who asked not to be identified a...Read More

Billionaire mining investor Robert Friedland is close to a deal to take over an iron ore deposit in Guinea from owners including BHP Group, according to people familiar with the situation.Friedland is in advanced talks with BHP, Newmont Goldcorp Corp. and Areva SA, that will see him move to develop the Nimba deposit on Guinea's border with Liberia, said the people, who asked not to be identified a...Read More

(Updates with closing prices)By Peter HobsonLONDON, May 17 (Reuters) - Copper prices fell for a fifthconsecutive week as the trade confrontation between the UnitedStates and China intensified.Investors fear the dispute will damage economic growth andweaken the outlook for metals demand, with industrial metalsprices down sharply from last summer when it began.Benchmark copper on the London Metal Ex...Read More

"Global Gold Mining Market 2019: key Vendors, Trends, Analysis, Segmentation, Forecast to 2024 https://t.co/9Ud455KUPt"Read full newsRead More

Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) said it wasn't aware of any material change that would account for a sharp price rise in its stock on Thursday and into early trading on Friday, following reports that the miner was exploring a possible sale of all or parts of its business.The Toronto-based firm, which doesn't usually comment on speculation and rumours, didn't openly...Read More

Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) said it wasn't aware of any material change that would account for a sharp price rise in its stock on Thursday and into early trading on Friday, following reports that the miner was exploring a possible sale of all or parts of its business.The Toronto-based firm, which doesn't usually comment on speculation and rumours, didn't openly...Read More