InfoMine - Mining Intelligence and Technology

CITIC goes after Palmer’s Mineralogy over iron ore project claims

3 hours ago

Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia. The post CITIC goes after Palmer’s Mineralogy over iron ore project claims appeared first on MINING.com.

Caterpillar plummets after flagging tariffs-triggered high material costs

6 hours ago

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period. The post Caterpillar plummets after flagging tariffs-triggered high material costs appeared first on MINING.com.

De Beers diamond production falls 5 percent in third quarter

7 hours ago

The world’s top diamond producer by value attributed the decline to planned volume reductions in Botswana and South Africa. The post De Beers diamond production falls 5 percent in third quarter appeared first on MINING.com.

Iamgold to apply for mining concession at ‘promising’ project in Senegal

8 hours ago

Company said feasibility study for its Boto gold asset outlines an economically robust, low cost production project which will produce 140,000 ounces of gold annually on average over a 13-year lifespan. The post Iamgold to apply for mining concession at ‘promising’ project in Senegal appeared first on MINING.com.

Greatland finds copper, silver and gold at Australia project’s Scallywag target

9 hours ago

Precious metal minersaid the target represents "a high priority" for further exploration given its large size. The post Greatland finds copper, silver and gold at Australia project’s Scallywag target appeared first on MINING.com.

more mining news like this

US Shale has a glaring problem

1 hour ago

To outward appearances, the U.S. oil and gas industry is in the midst of a decade-long boom, however, "America's fracking boom has been a world-class bust." The post US Shale has a glaring problem appeared first on MINING.com.

Caterpillar plummets after flagging tariffs-triggered high material costs

6 hours ago

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period. The post Caterpillar plummets after flagging tariffs-triggered high material costs appeared first on MINING.com.

Jacobs to sell energy unit to WorleyParsons for $3.3B

1 day ago

The deal is part of Jacobs’ strategy to optimize its portfolio with a focus on higher-growth, higher-profit infrastructure and commercial projects - CEO The post Jacobs to sell energy unit to WorleyParsons for $3.3B appeared first on MINING.com.

Idaho reaches deal over abandoned silver-lead mine

2 days ago

The state may have a major cleanup ahead at the abandoned Triumph silver and lead mine. The post Idaho reaches deal over abandoned silver-lead mine appeared first on MINING.com.

Ford sees higher metal costs, hopes China and US can settle trade issues 21 hours ago - Reuters

more mining news like this

Barrick favors taking back control of Acacia Mining

1 hour ago

No final decision has been made, and it’s also not clear whether all three of Acacia’s Tanzanian gold mines will be brought back into Barrick. The post Barrick favors taking back control of Acacia Mining appeared first on MINING.com.

Caterpillar plummets after flagging tariffs-triggered high material costs

6 hours ago

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period. The post Caterpillar plummets after flagging tariffs-triggered high material costs appeared first on MINING.com.

Iamgold to apply for mining concession at ‘promising’ project in Senegal

8 hours ago

Company said feasibility study for its Boto gold asset outlines an economically robust, low cost production project which will produce 140,000 ounces of gold annually on average over a 13-year lifespan. The post Iamgold to apply for mining concession at ‘promising’ project in Senegal appeared first on MINING.com.

Greatland finds copper, silver and gold at Australia project’s Scallywag target

9 hours ago

Precious metal minersaid the target represents "a high priority" for further exploration given its large size. The post Greatland finds copper, silver and gold at Australia project’s Scallywag target appeared first on MINING.com.

Congo sets deadline for plan on 11,000-megawatt hydro plant

21 hours ago

'There have been tenders, lots of meetings, lots of promotional activities, but it’s only today that we have for the first time a legal document' The post Congo sets deadline for plan on 11,000-megawatt hydro plant appeared first on MINING.com.

more mining news like this

Caterpillar plummets after flagging tariffs-triggered high material costs

6 hours ago

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period. The post Caterpillar plummets after flagging tariffs-triggered high material costs appeared first on MINING.com.

Greatland finds copper, silver and gold at Australia project’s Scallywag target

9 hours ago

Precious metal minersaid the target represents "a high priority" for further exploration given its large size. The post Greatland finds copper, silver and gold at Australia project’s Scallywag target appeared first on MINING.com.

Congo sets deadline for plan on 11,000-megawatt hydro plant

21 hours ago

'There have been tenders, lots of meetings, lots of promotional activities, but it’s only today that we have for the first time a legal document' The post Congo sets deadline for plan on 11,000-megawatt hydro plant appeared first on MINING.com.

Jacobs to sell energy unit to WorleyParsons for $3.3B

1 day ago

The deal is part of Jacobs’ strategy to optimize its portfolio with a focus on higher-growth, higher-profit infrastructure and commercial projects - CEO The post Jacobs to sell energy unit to WorleyParsons for $3.3B appeared first on MINING.com.

Brazilian pension fund Previ won't sell Vale shares before year end- CEO

1 day ago

Previ intends to reduce its stake in the miner over the medium-term. The post Brazilian pension fund Previ won't sell Vale shares before year end- CEO appeared first on MINING.com.

more mining news like this

Caterpillar plummets after flagging tariffs-triggered high material costs

6 hours ago

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period. The post Caterpillar plummets after flagging tariffs-triggered high material costs appeared first on MINING.com.

Brazilian pension fund Previ won't sell Vale shares before year end- CEO

1 day ago

Previ intends to reduce its stake in the miner over the medium-term. The post Brazilian pension fund Previ won't sell Vale shares before year end- CEO appeared first on MINING.com.

Glencore boss Ivan Glasenberg to retire in 3-5 years — report

1 day ago

He is said to have already begun training three to four people to succeed him in the job. The post Glencore boss Ivan Glasenberg to retire in 3-5 years — report appeared first on MINING.com.

Coronado to list in Australia after country's biggest coal IPO

2 days ago

Coronado Global Resources Inc. raised $550 million in Australia’s biggest coal initial public offering after selling securities at the bottom end of the marketed range. The post Coronado to list in Australia after country's biggest coal IPO appeared first on MINING.com.

Chinese rescuers race to save workers trapped in mine accident -Xinhua

2 days ago

A rock burst at around 11 p.m. on Saturday destroyed part of a water drainage tunnel in a coal mine. The post Chinese rescuers race to save workers trapped in mine accident -Xinhua appeared first on MINING.com.

more mining news like this

CITIC goes after Palmer’s Mineralogy over iron ore project claims

3 hours ago

Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia. The post CITIC goes after Palmer’s Mineralogy over iron ore project claims appeared first on MINING.com.

Caterpillar plummets after flagging tariffs-triggered high material costs

6 hours ago

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period. The post Caterpillar plummets after flagging tariffs-triggered high material costs appeared first on MINING.com.

Strike at Shougang's iron ore mine in Peru halts exports-manager

1 day ago

Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down. The post Strike at Shougang's iron ore mine in Peru halts exports-manager appeared first on MINING.com.

China's winter pollution cuts may boost high-grade iron ore

1 day ago

The logic is sound: If steel mills are given pollution restrictions, they will use the best possible quality iron ore to maximise the amount of steel produced relative to the energy consumed. The post China's winter pollution cuts may boost high-grade iron ore appeared first on MINING.com.