InfoMine - Mining Intelligence and Technology

6 hours ago

After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago. The post BHP exiting oil and gas appeared first on MINING.com.

Iron ore price jumps again – up 47% in two months

7 hours ago

Another big day on Chinese futures markets as seaborne iron ore prices approach $80 a tonne. The post Iron ore price jumps again – up 47% in two months appeared first on MINING.com.

Copper price rallies after Grasberg violence

10 hours ago

Copper above $3.00 after former workers torch dozens of buildings, vehicles at Freeport's Indonesia operations blocking access to world number two mine. The post Copper price rallies after Grasberg violence appeared first on MINING.com.

13 hours ago

The miner, Africa's biggest gold producer, reported a loss of $176 million in the six months to June 30, compared to a profit of $52 million in the same period last year. The post Costs related to layoffs, lawsuit, take toll on AngloGold results appeared first on MINING.com.

Chile rejects divisive $2.5 billion Dominga copper-iron ore project

16 hours ago

A committee of six ministers pointed to numerous flaws with the project, including severe impact to a Humboldt penguin reserve. The post Chile rejects divisive $2.5 billion Dominga copper-iron ore project appeared first on MINING.com.

more mining news like this

More than 200 workers to go at Sandvik Materials Technology unit

18 hours ago

Measure is part of a broader plan to restore profitability at the division, which saw adjusted operating profit fell by 37% in the second quarter of this year. The post More than 200 workers to go at Sandvik Materials Technology unit appeared first on MINING.com.

Gold price scales $1,300, highest since Trump election

3 days ago

Gold bulls turn attention from North Korea to US domestic turmoil. The post Gold price scales $1,300, highest since Trump election appeared first on MINING.com.

Fracking jobs prove elusive for coal miners looking to switch

3 days ago

While Trump vows to save coal, many miners look elsewhere. Natural gas jobs don’t offer the same stability as coal did. The post Fracking jobs prove elusive for coal miners looking to switch appeared first on MINING.com.

Ex-Integra Gold executives launch new mining exploration company

4 days ago

The company, to be named Integra Resources Corp, plans to acquire an advanced-stage gold-silver project in Canada or the United States in the next two months, and then apply to list on the TSX Venture Exchange, CEO George Salamis said. The post Ex-Integra Gold executives launch new mining exploration company appeared first on MINING.com.

Copper price surges to 32-month high as hedge funds place $20 billion bet

5 days ago

Copper trades just short of $3 a pound as large scale futures speculators build massive bullish position and global supply worries resurface. The post Copper price surges to 32-month high as hedge funds place $20 billion bet appeared first on MINING.com.

more mining news like this

Gold was chemically destined to be money all along

8 hours ago

I think most of you reading this right now are aware that gold is unlike any other metal, certainly any other element. The post Gold was chemically destined to be money all along appeared first on MINING.com.

Zambia restores full power supply to First Quantum mines

9 hours ago

Zambia's state power company reduced electricity supply to two First Quantum copper mines because the mining firm had failed to pay the new flat electricity tariff. The post Zambia restores full power supply to First Quantum mines appeared first on MINING.com.

Copper price rallies after Grasberg violence

10 hours ago

Copper above $3.00 after former workers torch dozens of buildings, vehicles at Freeport's Indonesia operations blocking access to world number two mine. The post Copper price rallies after Grasberg violence appeared first on MINING.com.

13 hours ago

The miner, Africa's biggest gold producer, reported a loss of $176 million in the six months to June 30, compared to a profit of $52 million in the same period last year. The post Costs related to layoffs, lawsuit, take toll on AngloGold results appeared first on MINING.com.

Canada's Ontario province to build roads into Ring of Fire region 19 hours ago - Canadian Press

more mining news like this

BHP exiting oil and gas

6 hours ago

After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago. The post BHP exiting oil and gas appeared first on MINING.com.

Copper price rallies after Grasberg violence

10 hours ago

Copper above $3.00 after former workers torch dozens of buildings, vehicles at Freeport's Indonesia operations blocking access to world number two mine. The post Copper price rallies after Grasberg violence appeared first on MINING.com.

Chile rejects divisive $2.5 billion Dominga copper-iron ore project

16 hours ago

A committee of six ministers pointed to numerous flaws with the project, including severe impact to a Humboldt penguin reserve. The post Chile rejects divisive $2.5 billion Dominga copper-iron ore project appeared first on MINING.com.

Giant Peru mine blockade lifted after state of emergency

3 days ago

Copper price rally cools after threat to global supply from top 5 Las Bambas mine is averted. The post Giant Peru mine blockade lifted after state of emergency appeared first on MINING.com.

Canada's Ontario province to build roads into Ring of Fire region 19 hours ago - Canadian Press

more mining news like this

BHP exiting oil and gas

6 hours ago

After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago. The post BHP exiting oil and gas appeared first on MINING.com.

More than 200 workers to go at Sandvik Materials Technology unit

18 hours ago

Measure is part of a broader plan to restore profitability at the division, which saw adjusted operating profit fell by 37% in the second quarter of this year. The post More than 200 workers to go at Sandvik Materials Technology unit appeared first on MINING.com.

Fracking jobs prove elusive for coal miners looking to switch

3 days ago

While Trump vows to save coal, many miners look elsewhere. Natural gas jobs don’t offer the same stability as coal did. The post Fracking jobs prove elusive for coal miners looking to switch appeared first on MINING.com.

EPA to scrap Obama-era rule limiting water pollution from coal-fired power plants

6 days ago

The move comes only five months after President Donald Trump signed an executive order undoing the previous Administration’s Clean Power Plan. The post EPA to scrap Obama-era rule limiting water pollution from coal-fired power plants appeared first on MINING.com.

Mining in Australia is looking better 5 days ago - Project Monitor

more mining news like this

BHP exiting oil and gas

6 hours ago

After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago. The post BHP exiting oil and gas appeared first on MINING.com.

Miner Fortescue returns record dividend as profit leaps

7 hours ago

World number 4 iron ore miner Fortescue Metals Group said on Monday it will pay a record-high final dividend after more than doubling its annual profit, and plans to give more of its profits to shareholders in the future. The post Miner Fortescue returns record dividend as profit leaps appeared first on MINING.com.

Iron ore price jumps again – up 47% in two months

7 hours ago

Another big day on Chinese futures markets as seaborne iron ore prices approach $80 a tonne. The post Iron ore price jumps again – up 47% in two months appeared first on MINING.com.

Chile rejects divisive $2.5 billion Dominga copper-iron ore project

16 hours ago

A committee of six ministers pointed to numerous flaws with the project, including severe impact to a Humboldt penguin reserve. The post Chile rejects divisive $2.5 billion Dominga copper-iron ore project appeared first on MINING.com.

Changes to Brazil mining law to bring mostly higher taxes, costs — experts

3 days ago

Experts and mining companies fear some of the modifications that go in effect in November, will result in hefty taxes, higher research costs and decrease interest from foreign investors. The post Changes to Brazil mining law to bring mostly higher taxes, costs — experts appeared first on MINING.com.

more mining news like this