InfoMine - Mining Intelligence and Technology

Fate of Centerra mine not sealed as Kyrgyz-owned company yet to see takeover bid

2 hours ago

Kyrgyzaltyn has yet to see an offer by Chaarat Gold Holdings to acquire Kumtor mine, which is the Central Asian nation’s largest gold operation. The post Fate of Centerra mine not sealed as Kyrgyz-owned company yet to see takeover bid appeared first on MINING.com.

Pangolin finds first diamond at Jwaneng project in Botswana

6 hours ago

Project is located about 100 km south of Jwaneng, the world’s richest diamond mine. The post Pangolin finds first diamond at Jwaneng project in Botswana appeared first on MINING.com.

Lower copper grades take toll on Antofagasta first quarter output

7 hours ago

Copper production fell to 153,800 tonnes from 171,900 tonnes, due mostly to lower grades at the company's Centinela and Los Pelambres mines. The post Lower copper grades take toll on Antofagasta first quarter output appeared first on MINING.com.

Spanish activists reject reopening of Los Frailes mine

17 hours ago

On the 20th anniversary of the breach of the tailings pond at the Los Frailes mine in Spain, environmental organizations held a press conference to alert the public about the possibility of a similar accident taking place. The post Spanish activists reject reopening of Los Frailes mine appeared first on MINING.com.

One asset leads South African miner’s growth in Q1-2018

18 hours ago

Kumba Iron Ore reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018. The post One asset leads South African miner’s growth in Q1-2018 appeared first on MINING.com.

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After weeks of chaos, US throws aluminum industry lifeline

23 hours ago

“The US government is not targeting the hardworking people who depend on Rusal and its subsidiaries,” Treasury Secretary Steven Mnuchin said. The post After weeks of chaos, US throws aluminum industry lifeline appeared first on MINING.com.

Caterpillar results prove global economy in good shape

1 day ago

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations. The post Caterpillar results prove global economy in good shape appeared first on MINING.com.

Freeport profit misses on lower-than-expected copper sales

1 day ago

The Phoenix, Arizona-based copper miner reported a lower-than-expected quarterly profit on Tuesday as red metal sales missed the company's forecast. The post Freeport profit misses on lower-than-expected copper sales appeared first on MINING.com.

US extends deadline for Rusal sanctions, aluminum prices dive

2 days ago

Aluminum prices on the London Metal Exchange tumbled more than 8 percent after the U.S. Treasury Department announcement. The post US extends deadline for Rusal sanctions, aluminum prices dive appeared first on MINING.com.

DRC miners hopeful new code issues can be resolved

2 days ago

They said they expected authorities to realize the sliding scale they propose would be a more effective mechanism for the government to share in higher commodity prices than the windfall tax and strategic minerals scheme included in the new code. The post DRC miners hopeful new code issues can be resolved appeared first on MINING.com.

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Fate of Centerra mine not sealed as Kyrgyz-owned company yet to see takeover bid

2 hours ago

Kyrgyzaltyn has yet to see an offer by Chaarat Gold Holdings to acquire Kumtor mine, which is the Central Asian nation’s largest gold operation. The post Fate of Centerra mine not sealed as Kyrgyz-owned company yet to see takeover bid appeared first on MINING.com.

Gold Fields' quarterly output falls, South Deep woes rumble on

6 hours ago

South African miner reported lower production for the March quarter and flagged more challenges at its problematic South Deep mine on Wednesday, sending its share price sharply lower. The post Gold Fields' quarterly output falls, South Deep woes rumble on appeared first on MINING.com.

Lower copper grades take toll on Antofagasta first quarter output

7 hours ago

Copper production fell to 153,800 tonnes from 171,900 tonnes, due mostly to lower grades at the company's Centinela and Los Pelambres mines. The post Lower copper grades take toll on Antofagasta first quarter output appeared first on MINING.com.

Spanish activists reject reopening of Los Frailes mine

17 hours ago

On the 20th anniversary of the breach of the tailings pond at the Los Frailes mine in Spain, environmental organizations held a press conference to alert the public about the possibility of a similar accident taking place. The post Spanish activists reject reopening of Los Frailes mine appeared first on MINING.com.

Is a new gold rush on in Brazil? 23 hours ago - Streetwise Reports

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Lower copper grades take toll on Antofagasta first quarter output

7 hours ago

Copper production fell to 153,800 tonnes from 171,900 tonnes, due mostly to lower grades at the company's Centinela and Los Pelambres mines. The post Lower copper grades take toll on Antofagasta first quarter output appeared first on MINING.com.

Spanish activists reject reopening of Los Frailes mine

17 hours ago

On the 20th anniversary of the breach of the tailings pond at the Los Frailes mine in Spain, environmental organizations held a press conference to alert the public about the possibility of a similar accident taking place. The post Spanish activists reject reopening of Los Frailes mine appeared first on MINING.com.

Canada's Teck Resources profit rises on higher sales volumes

1 day ago

Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million. The post Canada's Teck Resources profit rises on higher sales volumes appeared first on MINING.com.

Chile's Copec to buy stake in copper project in Peru

1 day ago

Mina Justa, which is expected to require investment of around $1.6 billion, is due to begin construction in the second half of 2018. The post Chile's Copec to buy stake in copper project in Peru appeared first on MINING.com.

Congo's state miner seeks to dissolve Glencore venture over debts

1 day ago

Gecamines said on Tuesday that debts owed by Kamoto to Glencore and its subsidiaries at the end of 2017 topped $9 billion. The post Congo's state miner seeks to dissolve Glencore venture over debts appeared first on MINING.com.

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Increased production at Chinese domestic coal mines lead to decline in thermal coal prices

20 hours ago

Since a price ceiling was imposed at China’s main coal import harbour Qinhuangdao in mid-February, seaborne prices for coal have started to decline. The post Increased production at Chinese domestic coal mines lead to decline in thermal coal prices appeared first on MINING.com.

Canada's Teck Resources profit rises on higher sales volumes

1 day ago

Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million. The post Canada's Teck Resources profit rises on higher sales volumes appeared first on MINING.com.

Caterpillar results prove global economy in good shape

1 day ago

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations. The post Caterpillar results prove global economy in good shape appeared first on MINING.com.

Anglo delays Minas Rio restart until year-end, will lose about $400 million

1 day ago

The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes. The post Anglo delays Minas Rio restart until year-end, will lose about $400 million appeared first on MINING.com.

Should we expect a crisis in the Russian coal industry?

2 days ago

The main objective of Russian coal companies is to manage internal crises: managerial, bureaucratic and technological crises. The post Should we expect a crisis in the Russian coal industry? appeared first on MINING.com.

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One asset leads South African miner’s growth in Q1-2018

18 hours ago

Kumba Iron Ore reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018. The post One asset leads South African miner’s growth in Q1-2018 appeared first on MINING.com.

Caterpillar results prove global economy in good shape

1 day ago

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations. The post Caterpillar results prove global economy in good shape appeared first on MINING.com.

Anglo delays Minas Rio restart until year-end, will lose about $400 million

1 day ago

The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes. The post Anglo delays Minas Rio restart until year-end, will lose about $400 million appeared first on MINING.com.

Australia's Fortescue iron ore shipments, price fall in Q3

1 day ago

The iron ore producer reported a 2 percent fall in third-quarter iron ore shipments on reduced demand in China. The post Australia's Fortescue iron ore shipments, price fall in Q3 appeared first on MINING.com.

Mining firms from China to Canada watch as Greenland holds election

3 days ago

China already actively seeking opportunities. The post Mining firms from China to Canada watch as Greenland holds election appeared first on MINING.com.

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