Kamoto Underground Copper Mine, Kolwezi, Congo. Image by Dave Dyet via Flickr. A dispute about royalties between local tax officials and a copper mine in the Democratic Republic of the Congo, owned by Glencore Plc, has arisen. According to persons ...
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2023 Global Gold Production: Major Players and Patterns
Global gold output reached over 3,000 tonnes in 2023, with China, Australia, and Russia continuing to be the major producers. China was in the lead, generating an estimated 370 tonnes, or almost 12% of the global output. Australia and Russia ...
Rio Tinto offers early termination to Diavik employees to save costs
Rio Tinto is offering early termination options to employees at its Diavik diamond mine as part of its cost-saving measures in anticipation of the mine’s closure in 2026, according to a report by jewelry news agency Rapaport. Situated in Canada’s ...
Komatsu unveiled two brand-new mechanical haulers.
Image courtesy by Komatsu. This week at MinExpo in Las Vegas, Komatsu unveiled two brand-new mechanical haul trucks to the North American market: the HD465-10 and HD605-10. The new vehicles are made with the intention of helping aggregate, mining, and ...
Troilus Gold raising $22M for exploration historic mine
In order to fund exploration at the defunct Troilus gold-copper mine near Val d’Or, Quebec, Troilus Gold (TSX: TLG; OTCQX: CHXMF) is seeking $22 million. The mine will eventually be reopened, the business hopes. Haywood Securities and Desjardins Capital Markets ...