InfoMine - Mining Intelligence and Technology

Gem Diamonds mulls sale of halted Botswana mine as half-year revenue falls

3 hours ago

The miner said it remains cautious about the state of the global market for both rough and polished diamonds, noting that financing challenges persist. The post Gem Diamonds mulls sale of halted Botswana mine as half-year revenue falls appeared first on MINING.com.

BHP commits $2.5bn to extend life of Spence copper mine in Chile

5 hours ago

Project will extend the life of its Spence copper mine in Chile by over 50 years, at a time when copper prices have reach their highest levels since late 2014. The post BHP commits $2.5bn to extend life of Spence copper mine in Chile appeared first on MINING.com.

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

20 hours 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.

Gold rush in Nicaragua — production doubles in little over 10 years

21 hours ago

Last year, the nation produced over 267,000 ounces of gold, significantly more than the 109,200 ounces it generated in 2006. The post Gold rush in Nicaragua — production doubles in little over 10 years appeared first on MINING.com.

Copper price consensus outlook suggest rally will run out of steam

1 day ago

Even the most optimistic forecasts for copper by year-end is below the spot price. The post Copper price consensus outlook suggest rally will run out of steam appeared first on MINING.com.

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

20 hours 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.

US researchers find unexpected new source of much-needed lithium

1 day ago

Lithium needed for rechargeable batteries used in high tech devices and electric cars might soon be extracted from calderas surrounding dormant supervolcanoes. The post US researchers find unexpected new source of much-needed lithium appeared first on MINING.com.

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

2 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.

CHARTS: Mining once again one of biggest drivers of US economy

2 days ago

Value added brought by the mining sector grew by more than 21% in the first three months of the year — the largest increase since the fourth quarter of 2014. The post CHARTS: Mining once again one of biggest drivers of US economy appeared first on MINING.com.

Blue Moon Zinc to re-open California past producing mine as zinc bull market commences 1 day ago - Newswire

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China to ban primary mercury mining by 2032 as convention comes into force

17 hours ago

China will ban the production and trade of a range of products containing mercury by 2020. The post China to ban primary mercury mining by 2032 as convention comes into force appeared first on MINING.com.

Congo reinstates miners' VAT exemption on imports in U-turn

18 hours ago

The government owes mining companies about $700 million in VAT reimbursements from before last year's suspension. The post Congo reinstates miners' VAT exemption on imports in U-turn appeared first on MINING.com.

Gold rush in Nicaragua — production doubles in little over 10 years

21 hours ago

Last year, the nation produced over 267,000 ounces of gold, significantly more than the 109,200 ounces it generated in 2006. The post Gold rush in Nicaragua — production doubles in little over 10 years appeared first on MINING.com.

Flash floods hit Freeport Indonesia's mining operations

1 day ago

Flash floods have left one worker missing and caused extensive damage to a power plant at the miner's operations in the eastern-most province of Papua. The post Flash floods hit Freeport Indonesia's mining operations appeared first on MINING.com.

Bitcoin can’t match gold as inflation hedge: Morgan Stanley 1 day ago - The Australian

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BHP commits $2.5bn to extend life of Spence copper mine in Chile

5 hours ago

Project will extend the life of its Spence copper mine in Chile by over 50 years, at a time when copper prices have reach their highest levels since late 2014. The post BHP commits $2.5bn to extend life of Spence copper mine in Chile appeared first on MINING.com.

Congo reinstates miners' VAT exemption on imports in U-turn

18 hours ago

The government owes mining companies about $700 million in VAT reimbursements from before last year's suspension. The post Congo reinstates miners' VAT exemption on imports in U-turn appeared first on MINING.com.

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

20 hours 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.

Copper price consensus outlook suggest rally will run out of steam

1 day ago

Even the most optimistic forecasts for copper by year-end is below the spot price. The post Copper price consensus outlook suggest rally will run out of steam appeared first on MINING.com.

Mining in Australia is looking better 21 hours ago - Project Monitor

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

2 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.

CHARTS: Mining once again one of biggest drivers of US economy

2 days ago

Value added brought by the mining sector grew by more than 21% in the first three months of the year — the largest increase since the fourth quarter of 2014. The post CHARTS: Mining once again one of biggest drivers of US economy appeared first on MINING.com.

Trials set for men charged in killing of former Patriot Coal CEO

3 days ago

The two men accused of murdering Bennett Hartfield, the former president and CEO of Patriot Coal, are heading to trial in the next two months. The post Trials set for men charged in killing of former Patriot Coal CEO appeared first on MINING.com.

Coal mine shuts down in Spain due to lack of clients

5 days ago

La Escondida was the last project of its type in the Castilla and León region The post Coal mine shuts down in Spain due to lack of clients appeared first on MINING.com.

Mining in Australia is looking better 21 hours ago - Project Monitor

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Police detain central figure in mining's largest corruption scandal

1 day ago

Israeli diamond billionaire Beny Steinmetz, four others, in custody of Israeli police on suspicion of fraud, forgery, obstruction of justice and bribery. The post Police detain central figure in mining's largest corruption scandal appeared first on MINING.com.

ArcelorMittal South Africa considers job cuts, restructuring

2 days ago

ArcelorMittal South Africa is considering job cuts and restructuring to save costs in a challenging global steel market and recession at home, it said on Tuesday. The post ArcelorMittal South Africa considers job cuts, restructuring appeared first on MINING.com.

Vale gauges how to speed listing in strictest Brazil market

2 days ago

Bigger-than-expected shareholder support in Vale SA's stock conversion plan could lead the world's No. 1 iron ore producer to accelerate the listing of common shares in Brazil's strictest market segment and lure a boarder base of investors. The post Vale gauges how to speed listing in strictest Brazil market appeared first on MINING.com.

Seabed mining approved in New Zealand despite environmentalists’ concerns

6 days ago

Trans-Tasman is now allowed to recover resources from the country’s Exclusive Economic Zone The post Seabed mining approved in New Zealand despite environmentalists’ concerns appeared first on MINING.com.