Leading Developments

The U.K. is finalizing a $1 billion deal to support British investment in No. 1 copper producer Codelco, officials announced. The agreement allows cooperation between U.K. companies and Chile’s...

Latin America

Newmont Mining has given the go-ahead for development of its Merian open-pit gold mine in northeast Suriname, with production planned to average 300,000 to 400,000 oz/y of gold over a project life of 11...
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Africa

Impala Platinum and its 87% owned Zimplats Holdings subsidiary announced on August 20 that all mining activity at their Bimha underground platinum mine in Zimbabwe was being shut down due to...
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Asia

Turquoise Hill Resources reported in mid-August the signing of an agreement between the government of Mongolia and Oyu Tolgoi LLC, the operating company for the Oyu Tolgoi mine, for cooperation in...
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US & Canada

Cameco announced on August 27 that, in response to receiving a strike notice from the United Steelworkers Local 8914, the company had initiated a shutdown of its McArthur River mine-regarded as the...
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Platinum Strikes: Mediation but no Settlement

Strikes by the Association of Mineworkers and Construction Union (AMCU) against South Africa’s top three platinum mining companies—Anglo American Platinum, Impala Platinum, and Lonmin—were in their 17th week in late May. A new round of talks between the companies and the union, mediated by South Africa’s Labour Court, was initiated on May 21; but, at the end of the day on May 24, the companies issued a joint statement saying no agreement had been reached.

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