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Tharisa has right to all of $4.2 billion Zimbabwe platinum mine
Tharisa Plc, the publicly traded South African platinum and chrome miner run by the Pouroulis family, has the right to take over a platinum mine project in Zimbabwe that could ultimately cost $4.2 billion. The company in June last year paid $4.5 million for a 26.8%...
America’s coal country is heading for another wave of layoffs
The clearest sign yet that America’s Coal County is headed for widespread job cuts: The amount of coal being produced per U.S. miner is at the lowest level in eight years. Productivity has slid 11% this year alone. The last time it was this low was in 2011, when coal...
DeepGreen makes run at seafloor mining
DeepGreen Metals intends to be the world’s first zero tailings miner by retrieving polymetallic base metal nodules from the seafloor. In lab tests the nuggets have been treated with calcination and smelting techniques that produced iron-rich alloy nuggets with payable...
McEwen Mining shares up on Q3 production results
McEwen Mining on Thursday reported consolidated production for Q3 2019 of 35,043 gold ounces and 947,146 silver ounces, or 45,930 gold-equivalent ounces (GEOs). For the nine months ended September 30, the company produced 128,125 GEOs, or 74% of its revised guidance...