InfoMine - Mining Intelligence and Technology

Petra Diamonds rallies on revenue growth, record output

1 hour ago

Revenue for the quarter ended March 31 climbed 44% to $172 million, while production jumped 20% to a record quarterly volume of 1,194,947 carats. The post Petra Diamonds rallies on revenue growth, record output appeared first on MINING.com.

DRC miners hopeful new code issues can be resolved

4 hours 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.

Newcrest plan to dump tailings in old Cadia open pit approved

6 hours ago

The use of the pit as a tailing storage facility means the miner will sacrifice remaining gold and copper reserves to help it return to full production after a dam collapse halted operations at the underground mine complex. The post Newcrest plan to dump tailings in old Cadia open pit approved appeared first on MINING.com.

German researchers say mining intensifies social conflicts in Peru

18 hours ago

A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru. The post German researchers say mining intensifies social conflicts in Peru appeared first on MINING.com.

Blue diamond ring breaks world record

20 hours ago

The gem’s final price nearly tripled Sotheby’s pre-sale estimate. The post Blue diamond ring breaks world record appeared first on MINING.com.

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DRC miners hopeful new code issues can be resolved

4 hours 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.

Blue diamond ring breaks world record

20 hours ago

The gem’s final price nearly tripled Sotheby’s pre-sale estimate. The post Blue diamond ring breaks world record appeared first on MINING.com.

Deep-sea mining: scientists say collaboration is key

22 hours ago

They say there has to be a balance between exploiting mineral resources from the seabed and protecting vulnerable marine ecosystems. The post Deep-sea mining: scientists say collaboration is key appeared first on MINING.com.

EU needs 'full' exemption from U.S. tariffs -France's Le Maire

2 days ago

"We cannot live with full confidence with the risk of being hit by those measures" The post EU needs 'full' exemption from U.S. tariffs -France's Le Maire appeared first on MINING.com.

Commodities are flashing a once-in-a-generation buy signal

2 days ago

Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices. The post Commodities are flashing a once-in-a-generation buy signal appeared first on MINING.com.

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DRC miners hopeful new code issues can be resolved

4 hours 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.

Newcrest plan to dump tailings in old Cadia open pit approved

6 hours ago

The use of the pit as a tailing storage facility means the miner will sacrifice remaining gold and copper reserves to help it return to full production after a dam collapse halted operations at the underground mine complex. The post Newcrest plan to dump tailings in old Cadia open pit approved appeared first on MINING.com.

German researchers say mining intensifies social conflicts in Peru

18 hours ago

A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru. The post German researchers say mining intensifies social conflicts in Peru appeared first on MINING.com.

Blue diamond ring breaks world record

20 hours ago

The gem’s final price nearly tripled Sotheby’s pre-sale estimate. The post Blue diamond ring breaks world record appeared first on MINING.com.

Caledonia wants to expand in Zimbabwe

23 hours ago

The company is negotiating the possibility of buying the government’s 16 per cent stake in the Blanket project. The post Caledonia wants to expand in Zimbabwe appeared first on MINING.com.

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LME to temporarily move nickel closing prices out of ring

3 hours ago

The move is likely to happen early next year and last for three months, after which pricing will return to the ring. The post LME to temporarily move nickel closing prices out of ring appeared first on MINING.com.

DRC miners hopeful new code issues can be resolved

4 hours 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.

German researchers say mining intensifies social conflicts in Peru

18 hours ago

A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru. The post German researchers say mining intensifies social conflicts in Peru appeared first on MINING.com.

Deep-sea mining: scientists say collaboration is key

22 hours ago

They say there has to be a balance between exploiting mineral resources from the seabed and protecting vulnerable marine ecosystems. The post Deep-sea mining: scientists say collaboration is key appeared first on MINING.com.

Cochilco forecasts Chile's 2018 copper output up 4.3 pct

3 days ago

Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018. The post Cochilco forecasts Chile's 2018 copper output up 4.3 pct appeared first on MINING.com.

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South Africa's Eskom gets workaround to tackle coal shortages

2 days ago

The state-owned utility is seeking coal for seven of its plants that are facing shortages after supply disruptions from Gupta family-controlled mines. The post South Africa's Eskom gets workaround to tackle coal shortages appeared first on MINING.com.

HSBC pulls the plug on coal

3 days ago

Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam. The post HSBC pulls the plug on coal appeared first on MINING.com.

Trump's latest plan for saving coal comes from the Cold War

3 days ago

Trump campaigned on a promise to bring back coal that is increasingly being edged out of the U.S. power market by cheap, cleaner-burning natural gas. The post Trump's latest plan for saving coal comes from the Cold War appeared first on MINING.com.

UK goes a record 55 hours without coal as clean power expands

3 days ago

Coal, which fueled the world’s biggest economies for more than a century, is increasingly losing out to renewables. The post UK goes a record 55 hours without coal as clean power expands appeared first on MINING.com.

Rare earths extracted from coal mining by-products

5 days ago

Researchers at West Virginia University expect to start extracting, refining and taking to market rare earth elements in a couple of years. The post Rare earths extracted from coal mining by-products appeared first on MINING.com.

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Mining firms from China to Canada watch as Greenland holds election

1 day ago

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

BHP cuts 2018 iron ore forecast, cites rail car upload problems

4 days ago

The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes. The post BHP cuts 2018 iron ore forecast, cites rail car upload problems appeared first on MINING.com.

Prosecutors, Samarco to ask more time for disaster's compensation plan

4 days ago

They are seeking to obtain 30 more days to finish details of the plan. The post Prosecutors, Samarco to ask more time for disaster's compensation plan appeared first on MINING.com.

Rio Tinto first-quarter shipments rise 4.7 pct

5 days ago

The Anglo-Australian miner maintained its guidance for this year of 330 million to 340 million tonnes. The post Rio Tinto first-quarter shipments rise 4.7 pct appeared first on MINING.com.