Three miners died after a tremor on Monday at a Polish coal mine owned by mining group PGG, the company said, in the deadliest incident in the country's mining industry this year. The quake with a magnitude of 2.66 was felt on Monday afternoon in the Staszic coal mine in the town of Katowice, the heart of Poland's coal region.
Diversified miner Glencore made $5.7-billion worth of payments to governments in 2018.
This include income taxes, royalties and other payments.
Coal miner Stanmore Coal has completed its debt refinancing, aimed at reducing the overall cost of financing.
ASX-listed Avenira plans to sell its interest in the Baobab phosphate project, in Senegal, and its 7% interest in phosphate technology company Novaphos to a consortium of its three largest shareholders.
Takeover target Alto Metals has advised shareholders not to take any action after suitor Middle Island increased its takeover offering overnight.
Middle Island has increased its scrip offer for Alto from five Middle Island shares held for every one Alto share, to six Middle Island shares for every one Alto share.
Toronto-headquartered Chantrell Ventures has delivered a new offer for the acquisition of junior miner Alexandria Minerals, which is superior to the offer of gold miner Agnico Eagle.
Chantrell, which had until the end of Thursday to match an offer from Agnico, is offering Alexandria shareholders C$0.07 a share, compared with its previous offer price of C$0.04 a share.
China’s Jinan Hi-Tech is set to invest A$19.5-million into ASX-listed Triton Minerals through a share placement and the acquisition of shareholder Shandong Tianye Mining’s 19.3% stake in the company. Subject to shareholder approval, Jinan would subscribe for A$8.5-million shares in Triton, taking some 207.3-million shares at 4.1c a piece.
South Africa will shut down its entire rail network transporting coal from pits to customers for almost two weeks to undertake scheduled repairs, State-owned freight rail logistics firm Transnet said on Friday.
The three main labor unions at Chile's Chuquicamata mine voted on Thursday to accept the latest contract offer from Codelco, the world's largest copper producer, ending a two-week-old strike that had docked output at the sprawling copper deposit.
ASX-listed Bass Metals will raise up to A$4-million through a tranched issue of convertible notes, allowing Bass to continue exploration to underpin its planned large-scale graphite mining and processing operations.