Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse
Precious metals producer Sibanye-Stillwater (JSE: SSW)(NYSE: SBSW) flagged on Wednesday a 47.5 billion rand ($2.58 billion) impairment on its upcoming 2023 results due to falling prices for the main metals it mines, including palladium, platinum and nickel.
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Illegal mine collapse buries gold workers in the Venezuelan Amazon
The collapse of an illegal mine in a remote region of the Venezuelan Amazon buried gold workers, leaving many injured and feared dead.
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More than 40 killed in artisanal mine collapse in southwest Mali
More than 40 artisanal gold miners were killed in southwest Mali last week after the shaft they were working in collapsed, Mali’s mines ministry said on Wednesday.
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Gold mine collapse in Venezuela kills a dozen people
Mining News Pro - The collapse of an artisanal gold mine in southeastern Venezuela near an Indigenous community killed at least 12 people, the government announced on Sunday.
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Fourteen informal miners killed in Suriname tunnel collapse
Mining News Pro - Fourteen informal gold miners were killed in a tunnel collapse in Suriname on Monday afternoon on a concession belonging to a subsidiary of Chinese state miner Zijin Mining, a Surinamese official said.
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Giant lithium deal collapses after Australian billionaire Rinehart steps in
Mining News Pro - Lithium giant Albemarle Corp. has walked away from its A$6.6 billion ($4.2 billion) takeover of Liontown Resources Ltd., after Australia’s richest woman built up a blocking minority and effectively scuppered one of the largest battery-metals deals to date.
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Four killed in Vietnam coal mine collapse
Mining News Pro - Four people have been killed in a collapse in a coal mine in Vietnam’s mining centre of Quang Ninh, the state-run Thanh Nien newspaper reported on Sunday.
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Mine collapse kills at least 12 in southern Venezuela
Mining News Pro - Flooding collapsed a gold mine in southern Venezuela, killing at least 12 miners, local authorities said on Sunday, adding that the victims’ bodies were returned to their families.
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Pembridge Resources shares collapse on Minto mine halt
Mining News Pro - Pembridge Resources’ shares fell as much as 82% on Monday as it disclosed it was assessing its ability to stay in business after Canada’s Minto Metals, had to halt the namesake mine over the weekend.
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Death toll rises after coal mine collapses in northern China
Mining News Pro - The collapse of a coal mine in northern China has claimed four lives with 49 people still missing, state broadcaster CCTV reported Thursday.
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Rescue work continues after gold mine collapse in China
Mining News Pro - Rescue work continues after 18 people were trapped underground as a gold mine in northwest China’s Xinjiang Uygur Autonomous Region collapsed on Saturday.
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BHP says Vale must share damage costs in Fundao dam collapse lawsuit
Mining News Pro - Although Samarco, a joint venture between BHP and Vale, operated the dam, the class action involving around 200,000 people does not name Vale.
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South Africa mine dam wall collapses, killing one and injuring 40
Mining News Pro - Flooding caused by the collapse of a mine dam wall in South Africa’s Free State province swept away houses and cars on Sunday, the provincial government said, killing one person and injuring another 40.
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Up to 11 Mexican miners trapped in coal mine after collapse
Mining News Pro - Mexican authorities were working on Wednesday to rescue a group of miners trapped in a coal mine in the state of Coahuila after it collapsed, Coahuila State Secretary Fernando Donato de Las Fuentes said in an interview on national television.
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Bolivian authorities investigate tailings pond collapse near Potosí
Mining News Pro - Bolivian authorities are investigating the causes behind the collapse of a tailings facility near the southern town of Potosí, an accident that took place a week ago and that caused a mix of mud and mine residue to reach at least four rivers that drain into the Pilcomayo River.
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Ten killed, six injured after coal mine collapse in China
Mining News Pro - Ten people were killed, six have non-life-threatening injuries and one was unharmed following the collapse of a section of a mountain at a coal mine in China’s northwestern Gansu province.
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Tailings pond collapse kills dozens of freshwater fish in Costa Rica
Mining News Pro - Dozens of dead fish and crustaceans washed up on the shores of Costa Rica’s Santa Lucía and Abangares rivers in the western Abangares canton, following the collapse of a nearby tailings pond.
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SEC sues Vale for false claims tied to Brumadinho dam collapse
Mining News Pro - US securities regulators sued Vale SA, one of the world’s largest iron ore miners, for allegedly making false claims about safety before the January 2019 collapse of its Brumadinho dam that killed 270 people.
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Russia-focused miners collapse on Ukraine invasion
Mining News Pro - Shares in mining companies with operations in Russia were among the first to feel the impact of Moscow’s wide-ranging attack on Ukraine on Thursday, while oil topped $105 a barrel and investors rushed to buy gold and other safe haven assets.
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Brazil prosecutors appeal to Supreme Court in collapsed dam case
Mining News Pro - Prosecutors for the Brazilian state of Minas Gerais appealed to the country's Supreme Court (STF) on Friday over a ruling that transferred to the federal judiciary a criminal case surrounding the deadly collapse of a tailings dam in 2019 that killed 270 people.
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Hummingbird Resources shares collapse after halting Mali mine
Mining News Pro - Shares in Hummingbird Resources fell as much as 20% to 13.23p on Monday after it halted operations at its Yanfolila gold mine in southern Mali, the company’s only producing mine, on safety concerns.
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All eyes on China as LME copper spreads collapse
Mining News Pro - Calm has returned to the London Metal Exchange (LME) copper market after last month’s storm, which forced the exchange to step in to protect those caught with a short position.
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At least 18 killed in artisanal gold mine collapse in Niger
Mining News Pro - At least 18 people were killed on Sunday in an artisanal gold mine collapse in southern Niger, the local mayor said on Monday.
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Florida faces imminent collapse of giant phosphate mine pond
Mining News Pro - The US State of Florida has been under a state of emergency since Saturday after a massive and potentially “catastrophic” leak from an old phosphate mine’s tailings pond threatened to burst a system storing millions of gallons of water containing radioactive materials.
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Brumadinho dam collapse could have been predicted weeks in advance
Mining News Pro - Not so long ago, those involved in mining and exploration could attend a conference, like [last] week’s Association for Mineral Exploration (AME) Roundup, without ever hearing about “ESG” – the guidelines for being socially and environmentally responsible.
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