Gemfields has temporarily suspended ruby mining operations in Mozambique following violent incidents that resulted in two deaths.
Gemfields Group said on Tuesday disruptions were possible at its largest ruby mine in Mozambique, after people torched buildings in villages nearby in escalating unrest linked to October’s disputed election.
Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived hopes of stimulus.
After months of depressing news about countries backsliding on climate pledges and companies softening green ambitions, it’d be easy to forget this year also saw impressive developments in the fight against global warming.
Coronado Global Resources’ Mammoth underground coal mine is set to begin mining operations, having received approval.
The price of China’s mainstay fuel, powering millions of homes and factories, has hit the lowest level in over a year, as the government’s efforts to boost the economy fail to revive tepid demand.
Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad tariffs.
Exxaro Resources Ltd. has held talks with the owner of one of South Africa’s largest manganese mines about buying the asset, as the coal producer seeks to diversify its business, according to people familiar with the matter.
Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonize heat generation.
Fortuna Mining announced Tuesday updated mineral reserve and resource estimates at its Séguéla mine in Côte d’Ivoire, including the discovery of over 500,000 gold ounces in new inferred resources.