InfoMine - Mining Intelligence and Technology

Acacia Mining now hit with $190 billion tax bill in Tanzania

2 hours ago

Shares collapsed on the news to close more than 25% lower in London. Barrick, which has a 64% stake in Acacia, also fell in both Toronto and New York. The post Acacia Mining now hit with $190 billion tax bill in Tanzania appeared first on MINING.com.

World's top diamond miner Alrosa output up 14% in first half of 2017

4 hours ago

The Aikhal division accounted for more than a third of the company’s total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase. The post World's top diamond miner Alrosa output up 14% in first half of 2017 appeared first on MINING.com.

Luxembourg shoots for the stars with fresh space mining deal

7 hours ago

The country's ultimate objective is to have its own space mining agency by the end of the year. The post Luxembourg shoots for the stars with fresh space mining deal appeared first on MINING.com.

Forest fires force temporary closure of two BC mines

16 hours ago

A hot and dry summer in British Columbia has set forests aflame, and last week the effects of Mother Nature were felt by two prominent BC mines. The post Forest fires force temporary closure of two BC mines appeared first on MINING.com.

Junior shakeup in the White Gold District

17 hours ago

The White Gold District in the Canadian Yukon territory is continuing to see movement, this time among junior gold explorers hoping to grab a piece of the action. The post Junior shakeup in the White Gold District appeared first on MINING.com.

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Luxembourg shoots for the stars with fresh space mining deal

7 hours ago

The country's ultimate objective is to have its own space mining agency by the end of the year. The post Luxembourg shoots for the stars with fresh space mining deal appeared first on MINING.com.

Trump slump in dollar lifts gold price to 4-week high

2 days ago

US dollar falls to more than 2-year low as Trump's pro-growth agenda stalls in Washington. The post Trump slump in dollar lifts gold price to 4-week high appeared first on MINING.com.

US steel production falls back in June

3 days ago

After strong start to 2017, US steel output growth for the first six months slows to just 1.3%. The post US steel production falls back in June appeared first on MINING.com.

U.S., Chinese officials conclude contentious economic talks, steel stocks soar

4 days ago

The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing. The post U.S., Chinese officials conclude contentious economic talks, steel stocks soar appeared first on MINING.com.

Nevada and Canada miner reports Q2 production up 94% 3 days ago - The Gold Report

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Acacia Mining now hit with $190 billion tax bill in Tanzania

2 hours ago

Shares collapsed on the news to close more than 25% lower in London. Barrick, which has a 64% stake in Acacia, also fell in both Toronto and New York. The post Acacia Mining now hit with $190 billion tax bill in Tanzania appeared first on MINING.com.

Luxembourg shoots for the stars with fresh space mining deal

7 hours ago

The country's ultimate objective is to have its own space mining agency by the end of the year. The post Luxembourg shoots for the stars with fresh space mining deal appeared first on MINING.com.

Forest fires force temporary closure of two BC mines

16 hours ago

A hot and dry summer in British Columbia has set forests aflame, and last week the effects of Mother Nature were felt by two prominent BC mines. The post Forest fires force temporary closure of two BC mines appeared first on MINING.com.

Junior shakeup in the White Gold District

17 hours ago

The White Gold District in the Canadian Yukon territory is continuing to see movement, this time among junior gold explorers hoping to grab a piece of the action. The post Junior shakeup in the White Gold District appeared first on MINING.com.

Trump slump in dollar lifts gold price to 4-week high

2 days ago

US dollar falls to more than 2-year low as Trump's pro-growth agenda stalls in Washington. The post Trump slump in dollar lifts gold price to 4-week high appeared first on MINING.com.

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Acacia Mining now hit with $190 billion tax bill in Tanzania

2 hours ago

Shares collapsed on the news to close more than 25% lower in London. Barrick, which has a 64% stake in Acacia, also fell in both Toronto and New York. The post Acacia Mining now hit with $190 billion tax bill in Tanzania appeared first on MINING.com.

Forest fires force temporary closure of two BC mines

16 hours ago

A hot and dry summer in British Columbia has set forests aflame, and last week the effects of Mother Nature were felt by two prominent BC mines. The post Forest fires force temporary closure of two BC mines appeared first on MINING.com.

Glencore bets on copper with $21M investment in Brazilian producer

18 hours ago

Glencore (LON:GLEN) has placed a multi-million-dollar bet on copper by investing just over US$21 million (GBP 16.16 million) into Brazilian copper producer Paranapanema (PMA). The post Glencore bets on copper with $21M investment in Brazilian producer appeared first on MINING.com.

Philippines plans new law to ensure responsible mining

2 days ago

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage. The post Philippines plans new law to ensure responsible mining appeared first on MINING.com.

BHP $2.5bn expansion of Spence copper mine in Chile approved

3 days ago

Company will make a decision on the plan in August. The post BHP $2.5bn expansion of Spence copper mine in Chile approved appeared first on MINING.com.

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Luxembourg shoots for the stars with fresh space mining deal

7 hours ago

The country's ultimate objective is to have its own space mining agency by the end of the year. The post Luxembourg shoots for the stars with fresh space mining deal appeared first on MINING.com.

South Africa intends to suspend issuing mining rights

3 days ago

South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday. The post South Africa intends to suspend issuing mining rights appeared first on MINING.com.

Iron ore soars past $70 a tonne

5 days ago

Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13. The post Iron ore soars past $70 a tonne appeared first on MINING.com.

BHP iron ore output hits new record but copper production tanks

5 days ago

World number one miner's Pilbara mines produce 268m tonnes for the year, but strike at Escondida sees copper output slide 16%. The post BHP iron ore output hits new record but copper production tanks appeared first on MINING.com.

Rio’s revised iron ore guidance pushes price to three-month high

6 days ago

From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%. The post Rio’s revised iron ore guidance pushes price to three-month high appeared first on MINING.com.

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US steel production falls back in June

3 days ago

After strong start to 2017, US steel output growth for the first six months slows to just 1.3%. The post US steel production falls back in June appeared first on MINING.com.

South Africa intends to suspend issuing mining rights

3 days ago

South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday. The post South Africa intends to suspend issuing mining rights appeared first on MINING.com.

Australian court rules against Fortescue in mining land case

4 days ago

While the decision doesn’t ban Fortescue from continuing to operate the mines, it paves the way for the group to sue the company for hundreds of millions of dollars in compensation claims. The post Australian court rules against Fortescue in mining land case appeared first on MINING.com.

Activist investor Elliott calls BHP potash plans ‘disastrous’

4 days ago

Hedge fund manager says expanding into the currently over-supplied fertilizer market is just a bad idea. The post Activist investor Elliott calls BHP potash plans ‘disastrous’ appeared first on MINING.com.

Price recovery sparks domestic Chinese copper, iron ore production boom

4 days ago

As steel production reaches all-time high Chinese miners pump out most iron ore since 2015 while refined copper output jumps 12% to highest in 18 months. The post Price recovery sparks domestic Chinese copper, iron ore production boom appeared first on MINING.com.

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