The Latest Breaking News from Mining

Exclusive: Glencore says it did not call on federal government to slow shift from coal to renewables, contradicting News Corp paper’s front-page quotation

Illegal artisanal gold mining in South Africa is in the spotlight again. Under Operation Vala Umgodi (“plug the hole”), South African authorities have since December 2023 been trying to disrupt the illicit gold mining economy by cutting off water, food and other supplies to the miners working underground.

The U.S. now ranks second to last in the time it takes to develop a new mine—roughly 29 years. Only Zambia is worse.

The illegal miners are known as zama-zamas or ‘hustlers’ in the Zulu language

Rio Tinto plans to compulsorily acquire shares in Energy Resources of Australia and get on with rehabilitating the Ranger uranium mine surrounded by Kakadu.

Bullying claims linked to diversity programme ‘retaliation’, despite efforts to improve workplace culture

The Northern Territory and Australian Capital Territory have won bragging rights for having the fastest growing economies within Australia.

Half of survey respondents also say mining giant’s workplace culture has improved ‘a lot’ or ‘a little’.

Amid global economic uncertainty and inflation levels, investing in sound gold mining stocks appears to be a smart strategy for defense investment portfolios. Against this backdrop, quality gold mining stocks Agnico Eagle Mines (AEM), Barrick Gold (GOLD), and Kinross Gold (KGC) could be ideal investments as a hedge against inflation.…