InfoMine - Mining Intelligence and Technology

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

14 hours 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.

SolGold up on Ecuador project results, Canada listing

15 hours ago

Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive. The post SolGold up on Ecuador project results, Canada listing appeared first on MINING.com.

Chilean experts confirm Mandalay’s mine fully flooded, including trapped workers shelter

18 hours ago

Chances of finding the missing workers alive are almost nil, they say. The post Chilean experts confirm Mandalay’s mine fully flooded, including trapped workers shelter appeared first on MINING.com.

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

1 day 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.

This new videogame aims to gauge youth’s interest in the mining industry

1 day ago

The creators of “Gold rush: the game” claim it will be one of the most realistic mining simulators in the computerized entertainment market. The post This new videogame aims to gauge youth’s interest in the mining industry appeared first on MINING.com.

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

1 day 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.

This new videogame aims to gauge youth’s interest in the mining industry

1 day ago

The creators of “Gold rush: the game” claim it will be one of the most realistic mining simulators in the computerized entertainment market. The post This new videogame aims to gauge youth’s interest in the mining industry appeared first on MINING.com.

Potash Corp. and Agrium merged firm to be called Nutrien

1 day ago

The firm will be world’s largest potash miner and No.2 nitrogen fertilizer producer. The post Potash Corp. and Agrium merged firm to be called Nutrien appeared first on MINING.com.

How China, not Obama, waged the war on coal

5 days ago

Global coal production is down record amounts thanks largely to China, BP's chief economist said Thursday, and coal's probably not coming back. The post How China, not Obama, waged the war on coal appeared first on MINING.com.

Hedge funds exit gold before Fed triggers worst rout in month 4 days ago - Bloomberg

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EUR/JPY exchange rate and gold

7 hours ago

Some analysts claim that the cross rate between the euro and the yen affects the price of gold (the term “cross” meaning here that the quote does not involve the U.S. dollar). Are they right? Let’s see the chart below and check it out. The post EUR/JPY exchange rate and gold appeared first on MINING.com.

SolGold up on Ecuador project results, Canada listing

15 hours ago

Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive. The post SolGold up on Ecuador project results, Canada listing appeared first on MINING.com.

Chilean experts confirm Mandalay’s mine fully flooded, including trapped workers shelter

18 hours ago

Chances of finding the missing workers alive are almost nil, they say. The post Chilean experts confirm Mandalay’s mine fully flooded, including trapped workers shelter appeared first on MINING.com.

Freeport Indonesia says giant copper mine running as normal despite strike

1 day ago

Company says Grasberg copper mine is running as normal The post Freeport Indonesia says giant copper mine running as normal despite strike appeared first on MINING.com.

Public-private sector partnership can deliver world-class mining industry in DRC — Randgold 8 hours ago - Randgold Resources

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Cobalt 27 aims to tap electric car revolution with $150m IPO

11 hours ago

Minerals company Cobalt 27 Capital Corp made its debut on Canada's Venture Exchange on Friday, raising C$200 million in a listing that offers investors exposure to cobalt, a key metal for batteries in electric cars. The post Cobalt 27 aims to tap electric car revolution with $150m IPO appeared first on MINING.com.

SolGold up on Ecuador project results, Canada listing

15 hours ago

Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive. The post SolGold up on Ecuador project results, Canada listing appeared first on MINING.com.

Chilean experts confirm Mandalay’s mine fully flooded, including trapped workers shelter

18 hours ago

Chances of finding the missing workers alive are almost nil, they say. The post Chilean experts confirm Mandalay’s mine fully flooded, including trapped workers shelter appeared first on MINING.com.

Freeport Indonesia says giant copper mine running as normal despite strike

1 day ago

Company says Grasberg copper mine is running as normal The post Freeport Indonesia says giant copper mine running as normal despite strike appeared first on MINING.com.

Infographic | How copper riches helped shape Chile's economic story

1 day ago

Today, Chile is the world's top copper producer with 7 of the 14 biggest mines globally. But it wasn't always that way... The post Infographic | How copper riches helped shape Chile's economic story appeared first on MINING.com.

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

14 hours 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

2 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.

Yancoal trumps Glencore bid for Rio Tinto’s coal mines

3 days ago

The acquisition would make of Yancoal Australia’s largest pure-play coal producer. The post Yancoal trumps Glencore bid for Rio Tinto’s coal mines appeared first on MINING.com.

Rio Tinto in search of next Oyu Tolgoi in Mongolia

3 days ago

Mongolia’s renewed efforts to attract foreign investment it’s bearing its first fruits. The post Rio Tinto in search of next Oyu Tolgoi in Mongolia appeared first on MINING.com.

How China, not Obama, waged the war on coal

5 days ago

Global coal production is down record amounts thanks largely to China, BP's chief economist said Thursday, and coal's probably not coming back. The post How China, not Obama, waged the war on coal appeared first on MINING.com.

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Iron ore reverts to supply-driven market after 2016 aberration: Russell

7 hours ago

Iron ore's demand-driven price surge last year is increasingly looking like an aberration as supply factors once again start to weaken the price outlook. The post Iron ore reverts to supply-driven market after 2016 aberration: Russell appeared first on MINING.com.

Australia's Atlas defers new iron ore mine over price falls

1 day ago

Australia's Atlas Iron, which narrowly escaped collapse when iron or prices crashed in 2015, has deferred construction of a new mine, citing weak prices for the steelmaking commodity. The post Australia's Atlas defers new iron ore mine over price falls appeared first on MINING.com.

After rainforest victory for Brazil’s environmentalists, a mining battle looms

1 day ago

Brazil ministry wants to open border regions to foreign miners. Amazon-basin area about the size of Alaska could be affected. The post After rainforest victory for Brazil’s environmentalists, a mining battle looms appeared first on MINING.com.

Miners punished as iron ore price resumes decline

3 days ago

New Citigroup report predicts low $40s by end of the year, early 2018. The post Miners punished as iron ore price resumes decline appeared first on MINING.com.

BHP Billiton announces new Chairman

8 days ago

The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser The post BHP Billiton announces new Chairman appeared first on MINING.com.

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