InfoMine - Mining Intelligence and Technology

Eldorado Gold risks missing 2017 guidance over issues with Turkish mine

12 hours ago

It now expects to produce at least 180,000-210,000 ounces of gold this year at Kışladağ, which brings Eldorado's full-year guidance down from 365,000-400,000 ounces to 315,000-365,000 ounces. The post Eldorado Gold risks missing 2017 guidance over issues with Turkish mine appeared first on MINING.com.

Petra Diamonds warns output to fall short, shares crash

16 hours ago

The company, which owns the Cullinan mine that has produced the two largest diamonds in the British Crown Jewels, said output and revenue will be lower than market expectations. The post Petra Diamonds warns output to fall short, shares crash appeared first on MINING.com.

AngloGold Ashanti may axe up to 8,500 jobs at South African mines

18 hours ago

Measure is part of a restructuring aimed at “protecting the viability” of the company’s South African business over the long-term, AngloGold said. The post AngloGold Ashanti may axe up to 8,500 jobs at South African mines appeared first on MINING.com.

Iron ore price soars

1 day ago

China bulls kick iron ore price 6.5% higher. The post Iron ore price soars appeared first on MINING.com.

Gemfields shares collapse on imminent delisting

1 day ago

The South African firm has secured control of the gemstones producer and plans to delist it. The post Gemfields shares collapse on imminent delisting appeared first on MINING.com.

more mining news like this

US Supreme Court rejects New Mexico’s suit against Colorado over mine spill

1 day ago

Court did not provide details about its decision to dismiss the case; it just said most magistrates opposed hearing the lawsuit. The post US Supreme Court rejects New Mexico’s suit against Colorado over mine spill appeared first on MINING.com.

Infographic | 38 incredible facts on the modern U.S. dollar

1 day ago

How many tons of ink are used to print new U.S. currency notes every day? Today's infographic for The Money Project answers this question, and much more! The post Infographic | 38 incredible facts on the modern U.S. dollar appeared first on MINING.com.

Muppet drops gold price to 6-week low

2 days ago

Gold market takes 60-second 1.8 million ounce off-load on the chin. The post Muppet drops gold price to 6-week low appeared first on MINING.com.

Is there still hope for higher oil prices?

2 days ago

Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared. The post Is there still hope for higher oil prices? appeared first on MINING.com.

US coal tycoon Robert Murray sues ‘Last Week Tonight’ host, network

6 days ago

The suit claims that host Oliver, the show's writers, HBO, and Time Warner executed "a meticulously planned attempt to assassinate" Murray's character and reputation. The post US coal tycoon Robert Murray sues ‘Last Week Tonight’ host, network appeared first on MINING.com.

more mining news like this

Eldorado Gold risks missing 2017 guidance over issues with Turkish mine

12 hours ago

It now expects to produce at least 180,000-210,000 ounces of gold this year at Kışladağ, which brings Eldorado's full-year guidance down from 365,000-400,000 ounces to 315,000-365,000 ounces. The post Eldorado Gold risks missing 2017 guidance over issues with Turkish mine appeared first on MINING.com.

AngloGold Ashanti may axe up to 8,500 jobs at South African mines

18 hours ago

Measure is part of a restructuring aimed at “protecting the viability” of the company’s South African business over the long-term, AngloGold said. The post AngloGold Ashanti may axe up to 8,500 jobs at South African mines appeared first on MINING.com.

Gemfields shares collapse on imminent delisting

1 day ago

The South African firm has secured control of the gemstones producer and plans to delist it. The post Gemfields shares collapse on imminent delisting appeared first on MINING.com.

Canadian company regains 100% ownership of Portugal project 7 hours ago - The Gold Report

Randgold schedules Massawa project for feasibility finalization 12 hours ago - Randgold Resources

more mining news like this

US Supreme Court rejects New Mexico’s suit against Colorado over mine spill

1 day ago

Court did not provide details about its decision to dismiss the case; it just said most magistrates opposed hearing the lawsuit. The post US Supreme Court rejects New Mexico’s suit against Colorado over mine spill appeared first on MINING.com.

Search for two workers trapped at Mandalay’s mine in Chile fails

1 day ago

Both authorities and the Canadian miner company have officially ruled out possibility of finding them alive. The post Search for two workers trapped at Mandalay’s mine in Chile fails appeared first on MINING.com.

South Africa's chamber of mines challenges new charter in court

2 days ago

South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies The post South Africa's chamber of mines challenges new charter in court appeared first on MINING.com.

Mongolian herders ink historic agreement with Oyu Tolgoi mine, government 2 days ago - Accountability Counsel

Time to invest in Africa? 2 days ago - Sprott's Thoughts

more mining news like this

South Africa's chamber of mines challenges new charter in court

2 days ago

South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies The post South Africa's chamber of mines challenges new charter in court appeared first on MINING.com.

Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal

2 days ago

The company has chosen to sell its Hunter Valley coal mines to China-backed Yancoal, but shareholders will decide. The post Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal appeared first on MINING.com.

Colombia coal mine explosion kills 13

3 days ago

Thirteen coal miners have died in Colombia after an explosion at an illegal coal mine on Friday. The post Colombia coal mine explosion kills 13 appeared first on MINING.com.

Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets

5 days ago

Fresh bid is far better than the $2.55bn it offered earlier this month and considerably more than the $2.45bn offered by Yancoal, the Chinese-backed miner that is Rio’s preferred buyer. The post Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets appeared first on MINING.com.

World’s top coal producer to close 37 mines

7 days ago

Coal India, responsible for about 82% of the nation's total coal output, said the closures would save around 8 billion rupees ($124 million). The post World’s top coal producer to close 37 mines appeared first on MINING.com.

more mining news like this

Brazil's Vale shareholders approve corporate reorganization

1 day ago

Shareholders of Brazil's Vale SA approved a share conversion plan on Tuesday in a move that should boost transparency, give equal votes to all shares and limit government meddling in the world's No. 1 iron ore producer. The post Brazil's Vale shareholders approve corporate reorganization appeared first on MINING.com.

Iron ore price soars

1 day ago

China bulls kick iron ore price 6.5% higher. The post Iron ore price soars appeared first on MINING.com.

Iron ore price: BHP starts work on $3.2 billion mine

2 days ago

South Flank will replace lost production from 80mtpa Yandi operation reaching end of its life. The post Iron ore price: BHP starts work on $3.2 billion mine appeared first on MINING.com.

South Africa's chamber of mines challenges new charter in court

2 days ago

South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies The post South Africa's chamber of mines challenges new charter in court appeared first on MINING.com.