InfoMine - Mining Intelligence and Technology

Trade worries aside, copper price has further to fall

17 hours ago

"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report. The post Trade worries aside, copper price has further to fall appeared first on MINING.com.

Global copper output up 7.1 pct in first three months of 2018

17 hours ago

Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile. The post Global copper output up 7.1 pct in first three months of 2018 appeared first on MINING.com.

New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m

20 hours ago

Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto. The post New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m appeared first on MINING.com.

Lumina Gold, First Quantum ink deal to advance exploration in Ecuador

22 hours ago

First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal. The post Lumina Gold, First Quantum ink deal to advance exploration in Ecuador appeared first on MINING.com.

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

1 day ago

Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits. The post Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million appeared first on MINING.com.

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Trump vows to open Minnesota's Superior National Forest to mines

15 hours ago

Trumps administration will soon be “taking the first steps” to rescind a move made by the Obama administration to put the national forest off limits to industry activity. The post Trump vows to open Minnesota's Superior National Forest to mines appeared first on MINING.com.

Global copper output up 7.1 pct in first three months of 2018

17 hours ago

Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile. The post Global copper output up 7.1 pct in first three months of 2018 appeared first on MINING.com.

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

1 day ago

Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits. The post Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million appeared first on MINING.com.

Nevada Copper continues to expand open-pit mineralization and provides positive project update

1 day ago

Nevada Copper is pleased to provide an operations and drill update regarding the Underground and Open Pit projects at its Pumpkin Hollow Project in Nevada. The post Nevada Copper continues to expand open-pit mineralization and provides positive project update appeared first on MINING.com.

Battery startup gets funding to develop cobalt-free products

1 day ago

Conamix’s technology is intended to reduce the cost of batteries used for electric vehicles and grid storage. The post Battery startup gets funding to develop cobalt-free products appeared first on MINING.com.

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First new all-electric mine dumps diesel; cuts costs, pollution

14 hours ago

Hundreds of feet below thick forest blanketing the Canadian Shield, a squad of near-silent, battery-powered machines are tunneling toward gold in an experiment to ditch diesel. The post First new all-electric mine dumps diesel; cuts costs, pollution appeared first on MINING.com.

Miner Petropavlovsk's biggest shareholder outlines his case for change

16 hours ago

Petropavlovsk's largest shareholder, who is calling for an overhaul of the board, plans to sell the company's stake in an iron ore unit and draw up gold sector deals. The post Miner Petropavlovsk's biggest shareholder outlines his case for change appeared first on MINING.com.

New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m

20 hours ago

Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto. The post New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m appeared first on MINING.com.

Lumina Gold, First Quantum ink deal to advance exploration in Ecuador

22 hours ago

First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal. The post Lumina Gold, First Quantum ink deal to advance exploration in Ecuador appeared first on MINING.com.

Top Dalradian shareholder supports Orion Mine takeover offer 14 hours ago - Reuters

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Trump vows to open Minnesota's Superior National Forest to mines

15 hours ago

Trumps administration will soon be “taking the first steps” to rescind a move made by the Obama administration to put the national forest off limits to industry activity. The post Trump vows to open Minnesota's Superior National Forest to mines appeared first on MINING.com.

Zambia aiming for power prices that reflect costs by end 2018

16 hours ago

The new measure will affect global mining firms including First Quantum Minerals, Glencore, Barrick Gold Corp and Vedanta Resources which currently pay a flat rate of 9.30 cents/kWh. The post Zambia aiming for power prices that reflect costs by end 2018 appeared first on MINING.com.

Trade worries aside, copper price has further to fall

17 hours ago

"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report. The post Trade worries aside, copper price has further to fall appeared first on MINING.com.

Global copper output up 7.1 pct in first three months of 2018

17 hours ago

Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile. The post Global copper output up 7.1 pct in first three months of 2018 appeared first on MINING.com.

Lumina Gold, First Quantum ink deal to advance exploration in Ecuador

22 hours ago

First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal. The post Lumina Gold, First Quantum ink deal to advance exploration in Ecuador appeared first on MINING.com.

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South Africa coal terminal boosts productivity with $98m upgrade

13 hours ago

South Africa's Richards Bay Coal Terminal has boosted productivity after a 1.34 billion rand ($98 million) machinery upgrade, the firm said on Thursday. The post South Africa coal terminal boosts productivity with $98m upgrade appeared first on MINING.com.

RANKED: Countries where publicly-traded miners operate

1 day ago

U-S-A! The post RANKED: Countries where publicly-traded miners operate appeared first on MINING.com.

US-China trade spat wipes $57B from top mining stocks in fortnight

2 days ago

Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail". The post US-China trade spat wipes $57B from top mining stocks in fortnight appeared first on MINING.com.

Coal plants keep shutting despite Trump's order to rescue them

3 days ago

Since 2010, nearly 40 percent of the capacity of the nation’s fleet of coal-fired power plants has either been shut down or designated for closure. The post Coal plants keep shutting despite Trump's order to rescue them appeared first on MINING.com.

Trump trade war blows up big week for mining majors

6 days ago

A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names. The post Trump trade war blows up big week for mining majors appeared first on MINING.com.

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Australia's Mineral Resources drops out of race for Atlas Iron

2 days ago

The company's withdrawal means all eyes are now on Fortescue, which still has a 19.9%-stake in Atlas and has not yet disclosed whether it plans to launch a rival bid or sell its holding into Hancock’s offer. The post Australia's Mineral Resources drops out of race for Atlas Iron appeared first on MINING.com.

US-China trade spat wipes $57B from top mining stocks in fortnight

2 days ago

Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail". The post US-China trade spat wipes $57B from top mining stocks in fortnight appeared first on MINING.com.

Rio Tinto to start building massive Koodaideri iron ore mine in 2019

3 days ago

First production from the Pilbara-based project, which it says it’s one of the world’s most technologically advanced, is expected in 2021. The post Rio Tinto to start building massive Koodaideri iron ore mine in 2019 appeared first on MINING.com.

Iron ore magnate Rinehart offers $290 million in cash for Atlas

3 days ago

The offer from Australian billionaire Gina Rinehart's Hancock Prospecting values Atlas shares at 17% more than price reached at Friday close. The post Iron ore magnate Rinehart offers $290 million in cash for Atlas appeared first on MINING.com.

S.African lobby group opposes parts of new draft mining charter

4 days ago

The Minerals Council South Africa said it does not support some elements in the latest draft of an industry charter. The post S.African lobby group opposes parts of new draft mining charter appeared first on MINING.com.

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