InfoMine - Mining Intelligence and Technology

Vale evacuates 200 people from town near its Mar Azul mine

1 hour ago

The tailings dam at the iron ore mine is inactive so the miner said the evacuation is precautionary. The post Vale evacuates 200 people from town near its Mar Azul mine appeared first on MINING.com.

IBM steps up efforts to help miners improve health and safety records

12 hours ago

The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure. The post IBM steps up efforts to help miners improve health and safety records appeared first on MINING.com.

Fire shuts down Vale’s Malaysia distribution center

1 day ago

The majority of material from the Malaysian distribution center is Brazilian Blend fines destined for China. The post Fire shuts down Vale’s Malaysia distribution center appeared first on MINING.com.

Kinross stock rallies after reporting record production at Paracatu and Bald Mountain

1 day ago

Operating cash flow reached $790 million in 2018, and cash and equivalents of $349 million, $1.9 billion in liquidity, and no debt maturities until 2021. The post Kinross stock rallies after reporting record production at Paracatu and Bald Mountain appeared first on MINING.com.

Centamin sees mineral resources more than doubling in Côte d’Ivoire

1 day ago

The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces. The post Centamin sees mineral resources more than doubling in Côte d’Ivoire appeared first on MINING.com.

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Investors applaud Yamana Gold’s Q4 results

2 days ago

Yamana Gold’s stock was up 4.65% in after hours trading. The post Investors applaud Yamana Gold’s Q4 results appeared first on MINING.com.

Copper price slides despite Chinese imports at record pace

2 days ago

US-China trade spat benefitting copper miners as tariffs on scrap imports boost concentrate shipments 17% to nearly 2m tonnes. The post Copper price slides despite Chinese imports at record pace appeared first on MINING.com.

First Cobalt extends mineralization at Iron Creek in Idaho

3 days ago

Iron Creek contains 26.9 million inferred tonnes grading 0.08% cobalt and 0.3% copper for 46.2 million lb. cobalt and 176.2 million lb. copper. The post First Cobalt extends mineralization at Iron Creek in Idaho appeared first on MINING.com.

BHP's board approves funding for BP-led U.S. oil project

3 days ago

The $696m move comes about a month after London-listed oil and gas major BP discovered further oil prospects in the Gulf of Mexico. The post BHP's board approves funding for BP-led U.S. oil project appeared first on MINING.com.

Barrick Gold posts $1.2 billion quarterly loss, sees cost rising in 2019

3 days ago

The company pinned the cost increases partly on mining ending at its low-cost Cortez Hills open pit in Nevada in the first half of the year. The post Barrick Gold posts $1.2 billion quarterly loss, sees cost rising in 2019 appeared first on MINING.com.

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IBM steps up efforts to help miners improve health and safety records

12 hours ago

The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure. The post IBM steps up efforts to help miners improve health and safety records appeared first on MINING.com.

Kinross stock rallies after reporting record production at Paracatu and Bald Mountain

1 day ago

Operating cash flow reached $790 million in 2018, and cash and equivalents of $349 million, $1.9 billion in liquidity, and no debt maturities until 2021. The post Kinross stock rallies after reporting record production at Paracatu and Bald Mountain appeared first on MINING.com.

Gold-stock mega-mergers bad

1 day ago

Combining major gold miners already struggling with slowing production doesn’t solve the problem, but only masks it for a single year. The post Gold-stock mega-mergers bad appeared first on MINING.com.

India, Japan demand falls; holiday hangover dulls trade elsewhere

1 day ago

Until there is a solution to what is happening globally with Brexit and trade talks, we might see no clear direction. The post India, Japan demand falls; holiday hangover dulls trade elsewhere appeared first on MINING.com.

Zimbabwe set to retrieve trapped illegal miners, more casualties expected

1 day ago

The miners were trapped on Tuesday night when the shafts they were working in were flooded after a nearby dam burst. The post Zimbabwe set to retrieve trapped illegal miners, more casualties expected appeared first on MINING.com.

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IBM steps up efforts to help miners improve health and safety records

12 hours ago

The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure. The post IBM steps up efforts to help miners improve health and safety records appeared first on MINING.com.

Mongolia posts 6.9% economic growth in 2018

1 day ago

Coal and copper generate almost 70% of Mongolia's total export revenues and most of its mining output is sold to neighboring China. The post Mongolia posts 6.9% economic growth in 2018 appeared first on MINING.com.

Centamin sees mineral resources more than doubling in Côte d’Ivoire

1 day ago

The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces. The post Centamin sees mineral resources more than doubling in Côte d’Ivoire appeared first on MINING.com.

Silver One starts drilling at Peñasco Quemado in Mexico

1 day ago

Historical measured and indicated resource at the property are of 2.57 million tonnes at a grade of 117 g/t Ag for a silver resource of 9.63 million ounces. The post Silver One starts drilling at Peñasco Quemado in Mexico appeared first on MINING.com.

Investors applaud Yamana Gold’s Q4 results

2 days ago

Yamana Gold’s stock was up 4.65% in after hours trading. The post Investors applaud Yamana Gold’s Q4 results appeared first on MINING.com.

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Mongolia posts 6.9% economic growth in 2018

1 day ago

Coal and copper generate almost 70% of Mongolia's total export revenues and most of its mining output is sold to neighboring China. The post Mongolia posts 6.9% economic growth in 2018 appeared first on MINING.com.

Strike over job losses compounds South Africa blackout woes

3 days ago

While South Africa has suffered electricity shortages for more than a decade, the utility is at a crisis point and is seen as the biggest threat to the economy. The post Strike over job losses compounds South Africa blackout woes appeared first on MINING.com.

SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk

3 days ago

The company said it failed to reach an agreement with a client in a dispute over a mining project in Latin America, prompting it to slash its profit forecast by more than 40% for the year. The post SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk appeared first on MINING.com.

Colombia coal output likely to hold steady in 2019, companies say

3 days ago

The Andean nation is the world's fifth-largest exporter of coal. The post Colombia coal output likely to hold steady in 2019, companies say appeared first on MINING.com.

Operational risks and safety must be a top agenda in mining 5 days ago - DuPont

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Vale evacuates 200 people from town near its Mar Azul mine

1 hour ago

The tailings dam at the iron ore mine is inactive so the miner said the evacuation is precautionary. The post Vale evacuates 200 people from town near its Mar Azul mine appeared first on MINING.com.

IBM steps up efforts to help miners improve health and safety records

12 hours ago

The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure. The post IBM steps up efforts to help miners improve health and safety records appeared first on MINING.com.

Fire shuts down Vale’s Malaysia distribution center

1 day ago

The majority of material from the Malaysian distribution center is Brazilian Blend fines destined for China. The post Fire shuts down Vale’s Malaysia distribution center appeared first on MINING.com.

Trust in tailings? Vale dam disaster spurs investors into action

1 day ago

The disaster has called into question the willingness of investors and lenders to continue funding the broader industry. The post Trust in tailings? Vale dam disaster spurs investors into action appeared first on MINING.com.

EU starts investigation into Chinese steel wheel imports

1 day ago

The investigation could lead to provisional duties being applied within nine months and definitive duties, typically in place for five years, in 15 months. The post EU starts investigation into Chinese steel wheel imports appeared first on MINING.com.

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