InfoMine - Mining Intelligence and Technology

Copper price falls as China investment grows at slowest pace on record

19 hours ago

Called off strike at world's largest copper mine adds to pressure on copper price now down nearly 20% in little over two months. The post Copper price falls as China investment grows at slowest pace on record appeared first on MINING.com.

Columbus Gold to buy 70% stake in Maripa project from IAMGOLD

20 hours ago

The project is made up of five contiguous exploration permits and has a historic gold production of around 40,000 ounces of gold, mined between 1985 and 1996. The post Columbus Gold to buy 70% stake in Maripa project from IAMGOLD appeared first on MINING.com.

China's Ganfeng grabs SQM's stake in Argentinean lithium project

22 hours ago

The $87.5-million deal is the latest Chinese acquisition of a lithium project in South America, following Tianqi Lithium’s decision to buy 24% of SQM for $4.1 billion, which has not yet been approved by Chile’s antitrust regulator. The post China's Ganfeng grabs SQM's stake in Argentinean lithium project appeared first on MINING.com.

Lithium boom unlikely to disrupt potash market — analyst

23 hours ago

While lithium and potash are often found in the same deposits and mined together, the increasing number of projects aimed at producing the white metal shouldn’t have an impact in the potash market. The post Lithium boom unlikely to disrupt potash market — analyst appeared first on MINING.com.

About 1,500 jobs to go at Gold Fields’ South Deep as part of restructuring

1 day ago

The struggling mine, Gold Fields’ only asset left in South Africa, holds the world’s largest gold deposit after Grasberg in Indonesia and accounts for 60% for the company’s mineral reserves. The post About 1,500 jobs to go at Gold Fields’ South Deep as part of restructuring appeared first on MINING.com.

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Ray Dalio’s Bridgewater keeps faith in gold despite its slide

18 hours ago

Billionaire hedge-fund manager Ray Dalio maintained his holdings in the two biggest gold-backed ETFs even as an investor exodus sent prices of the metal tumbling. The post Ray Dalio’s Bridgewater keeps faith in gold despite its slide appeared first on MINING.com.

Barrick shares bounce on final permits for giant Alaska gold mine

1 day ago

Rough day for world's top gold mining company ends on high note. The post Barrick shares bounce on final permits for giant Alaska gold mine appeared first on MINING.com.

Look away from the US and gold prices are soaring higher

1 day ago

Gold may be trading at its lowest in 18 months in dollar terms but look at the precious metal in other currencies and you can see it’s still serving its role as a safe-haven asset. The post Look away from the US and gold prices are soaring higher appeared first on MINING.com.

Gold stocks are not too oversold yet 16 hours ago - The Daily Gold - Jordan Roy-Byrne

Saudi Arabia and Iran reignite the oil price war 16 hours ago - Oilprice.com

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Ray Dalio’s Bridgewater keeps faith in gold despite its slide

18 hours ago

Billionaire hedge-fund manager Ray Dalio maintained his holdings in the two biggest gold-backed ETFs even as an investor exodus sent prices of the metal tumbling. The post Ray Dalio’s Bridgewater keeps faith in gold despite its slide appeared first on MINING.com.

South Africa's mines minister concerned about Gold Fields job cuts

18 hours ago

South Africa mines minister said on Tuesday he was concerned by bullion miner Gold Fields' plan to cut around 1,100 jobs without due regard to processes outlined in the Mineral and Petroleum Resources Development Act. The post South Africa's mines minister concerned about Gold Fields job cuts appeared first on MINING.com.

Columbus Gold to buy 70% stake in Maripa project from IAMGOLD

20 hours ago

The project is made up of five contiguous exploration permits and has a historic gold production of around 40,000 ounces of gold, mined between 1985 and 1996. The post Columbus Gold to buy 70% stake in Maripa project from IAMGOLD appeared first on MINING.com.

About 1,500 jobs to go at Gold Fields’ South Deep as part of restructuring

1 day ago

The struggling mine, Gold Fields’ only asset left in South Africa, holds the world’s largest gold deposit after Grasberg in Indonesia and accounts for 60% for the company’s mineral reserves. The post About 1,500 jobs to go at Gold Fields’ South Deep as part of restructuring appeared first on MINING.com.

Gold stocks are not too oversold yet 16 hours ago - The Daily Gold - Jordan Roy-Byrne

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Copper price falls as China investment grows at slowest pace on record

19 hours ago

Called off strike at world's largest copper mine adds to pressure on copper price now down nearly 20% in little over two months. The post Copper price falls as China investment grows at slowest pace on record appeared first on MINING.com.

Miner Antofagasta's H1 earnings fall, trade tensions cloud demand outlook

19 hours ago

Chilean copper producer Antofagasta said first-half core earnings fell 16.2 percent from a year earlier. The post Miner Antofagasta's H1 earnings fall, trade tensions cloud demand outlook appeared first on MINING.com.

Battery upsurge spurs quest to resurrect World War II cobalt mines

1 day ago

Chile, known for its vast copper deposits, is joining the search for cobalt amid soaring demand for a metal that’s mostly mined in the politically risky Democratic Republic of Congo, which holds 60% of the world's reserves. The post Battery upsurge spurs quest to resurrect World War II cobalt mines appeared first on MINING.com.

Union at Chile's Caserones copper mine extends mediation with company

1 day ago

The main union at Chile's Caserones copper mine said on Monday that both sides had agreed to extend government mediation of labor talks until Thursday. The post Union at Chile's Caserones copper mine extends mediation with company appeared first on MINING.com.

How Canada’s mining sector impacts the economy

1 day ago

Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries. The post How Canada’s mining sector impacts the economy appeared first on MINING.com.

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Japan utilities, Glencore set annual coal contract at $110/T

19 hours ago

Japanese utilities and global mining giant Glencore have settled an Australian thermal coal import contract for April 2018-March 2019 at $110 a tonne. The post Japan utilities, Glencore set annual coal contract at $110/T appeared first on MINING.com.

How Canada’s mining sector impacts the economy

1 day ago

Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries. The post How Canada’s mining sector impacts the economy appeared first on MINING.com.

Seven die in Pakistan mine blast, six missing

1 day ago

A mine explosion in Pakistan's southwestern city of Quetta killed at least seven coal miners, a mining official said on Monday, with authorities expecting the death toll could rise. The post Seven die in Pakistan mine blast, six missing appeared first on MINING.com.

Humiliated for years, women are fighting back in Chile's mines

6 days ago

Mining companies around the globe are joining an industrywide push for gender equality and launching initiatives to increase the proportion of women working in mine pits, smelters and refineries. The post Humiliated for years, women are fighting back in Chile's mines appeared first on MINING.com.

Shanghai rebar dips from 6-yr high; tradespat escalates

6 days ago

Rebar open interest falls to lowest in 4 months. The post Shanghai rebar dips from 6-yr high; tradespat escalates appeared first on MINING.com.

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Canada to consider steel safeguard response to US tariffs

15 hours ago

Canada will consider a safeguard action on seven steel products to protect domestic producers from imports since the United States imposed tariffs in March. The post Canada to consider steel safeguard response to US tariffs appeared first on MINING.com.

How Canada’s mining sector impacts the economy

1 day ago

Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries. The post How Canada’s mining sector impacts the economy appeared first on MINING.com.

Brazil steelmaker Usiminas resumes some operations after plant blast

1 day ago

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA will resume partial operations on Monday at its Ipatinga plant after an explosion injured 34 workers. The post Brazil steelmaker Usiminas resumes some operations after plant blast appeared first on MINING.com.

Soviet collapse echoes in China’s Belt and Road

1 day ago

Like the Soviet Union in the 1970s, China is coming to the end of a long labor-force boom and hoping that an orgy of investment will keep the old magic going while stabilizing its fraying frontiers. The post Soviet collapse echoes in China’s Belt and Road appeared first on MINING.com.