Zimbabwe Asked to Settle $70 Million Debt After Legal Loss

(Bloomberg) — Zimbabwe has been asked to settle a $70 million debt after it lost an international arbitration case over canceled nickel and platinum ventures between a private company and the state miner more than a decade ago.  Companies linked to Amaplat Mauritius Ltd. made the proposal in a Sept. 15 letter to Zimbabwe’s Secretary […]

Centerra Gold Seeks Urgent Relief in International Arbitration to Prevent the Kyrgyz Republic from Destroying the Integrity, Value and Long-Term Viability of the Kumtor Mine | 2021-09-27 | Press Releases

Kyrgyz Government’s Actions Jeopardize Mine’s Safety, Sustainability and Continued Operation TORONTO, Sept. 27, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that it has filed an application requesting urgent interim measures in its international arbitration against the government of the Kyrgyz Republic and Kyrgyzaltyn JSC, the […]

Centerra Gold Seeks Urgent Relief in International

TORONTO, Sept. 27, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that it has filed an application requesting urgent interim measures in its international arbitration against the government of the Kyrgyz Republic and Kyrgyzaltyn JSC, the state-owned gold refining monopoly and Centerra’s largest shareholder, to address […]

The coronavirus pandemic and its effect on mining

2020 was a remarkable year for the global mining industry.  The impact of the covid-19 pandemic was felt early and hard by the global mining industry through shutdowns of mines, ports and rail and other transportation infrastructure, with shipments stranded at sea or caught in port and with inconsistent restrictions imposed from country to country.  […]

Gold mining firms in NI to get free policing to guard explosives

Gold mining companies operating in Northern Ireland will receive free policing linked to the handling of explosives as it emerged the PSNI has agreed to pay back over £150,000 to one firm. anadian company Galantas will be reimbursed after the PSNI admitted it was wrong to charge for supervising the handling of explosives at its […]

Gold Firm To Royals To Sell Welsh Mine Shares

Owner of mine that has produced wedding rings for generations of Royals splitting off iron ore and graphite operation into separate listed company By Neil Craven, Financial Mail on Sunday Published: 21:50, 25 September 2021 | Updated: 22:13, 25 September 2021 Royal tradition: Kate Middleton opted for a Welsh gold wedding ring The owner of […]