InfoMine - Mining Intelligence and Technology

Randgold expects Kibali gold output to rise thanks to automation

5 hours ago

Company said new technology will help the DRC mine achieve its 2018 production guidance of 730,000 ounces, despite challenges posed by the country's new mining code. The post Randgold expects Kibali gold output to rise thanks to automation appeared first on MINING.com.

Gemfields talks up ‘responsibility’ amid lawsuit over alleged human rights abuses

6 hours ago

The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector. The post Gemfields talks up ‘responsibility’ amid lawsuit over alleged human rights abuses appeared first on MINING.com.

Petra Diamonds rallies on revenue growth, record output

8 hours 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

10 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

13 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.

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US extends deadline for Rusal sanctions, aluminum prices dive

6 hours 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

10 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

1 day 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

1 day 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.

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Barrick Gold earnings just beat market; turns focus to growth

1 hour ago

Barrick Gold Corp reported a slightly better than expected increase in first-quarter adjusted profit on Monday. The post Barrick Gold earnings just beat market; turns focus to growth appeared first on MINING.com.

Commodities: the top asset class of 2018 so far

1 hour ago

If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003. The post Commodities: the top asset class of 2018 so far appeared first on MINING.com.

Randgold expects Kibali gold output to rise thanks to automation

5 hours ago

Company said new technology will help the DRC mine achieve its 2018 production guidance of 730,000 ounces, despite challenges posed by the country's new mining code. The post Randgold expects Kibali gold output to rise thanks to automation appeared first on MINING.com.

DRC miners hopeful new code issues can be resolved

10 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

13 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.

more mining news like this

Commodities: the top asset class of 2018 so far

1 hour ago

If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003. The post Commodities: the top asset class of 2018 so far appeared first on MINING.com.

Randgold expects Kibali gold output to rise thanks to automation

5 hours ago

Company said new technology will help the DRC mine achieve its 2018 production guidance of 730,000 ounces, despite challenges posed by the country's new mining code. The post Randgold expects Kibali gold output to rise thanks to automation appeared first on MINING.com.

Poland's KGHM says Q1 copper sales fall 12 pct yr-on-yr

5 hours ago

KGHM also said in a statement that silver sales fell in the same quarter by 16 percent to 212.6 tonnes. The post Poland's KGHM says Q1 copper sales fall 12 pct yr-on-yr appeared first on MINING.com.

Glencore's prize cobalt miner is bogged down deeper in Congo

6 hours ago

Katanga is mired in difficulties ranging from the prospect of higher taxes to a mounting legal battle with its Congolese partner, Gecamines. The post Glencore's prize cobalt miner is bogged down deeper in Congo appeared first on MINING.com.

Glencore says legal proceedings opened against Congo unit

6 hours ago

High levels of debt at mining companies are becoming an increasingly heated issue in Congo, the world’s largest source of cobalt. The post Glencore says legal proceedings opened against Congo unit appeared first on MINING.com.

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Should we expect a crisis in the Russian coal industry?

4 hours 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.

Randgold expects Kibali gold output to rise thanks to automation

5 hours ago

Company said new technology will help the DRC mine achieve its 2018 production guidance of 730,000 ounces, despite challenges posed by the country's new mining code. The post Randgold expects Kibali gold output to rise thanks to automation appeared first on MINING.com.

South Africa's Eskom gets workaround to tackle coal shortages

3 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.

Indonesia's Adaro targets 35 pct growth in coking coal output 5 hours ago - Reuters

New Zealand coal is used for much more than just electricity generation 5 hours ago - Straterra

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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

5 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

6 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.