InfoMine - Mining Intelligence and Technology

AngloGold swings back to profit days before new boss takes helm

5 hours ago

The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs. The post AngloGold swings back to profit days before new boss takes helm appeared first on MINING.com.

Gemfields’ operation in Ethiopia under siege by armed groups

23 hours ago

Back in June, the site was overrun by a mob estimated at between 300 and 500 people The post Gemfields’ operation in Ethiopia under siege by armed groups appeared first on MINING.com.

Mine collapse in Zimbabwe kills one, injures three

1 day ago

The Zimbabwe National Army has been dealing for months with people working illegally at the mine site. The post Mine collapse in Zimbabwe kills one, injures three appeared first on MINING.com.

What a copper band unveiled about Ancient Americans

1 day ago

A metal piece revealed that Ancient Natives moved goods and knowledge thousands of kilometres across various regions. The post What a copper band unveiled about Ancient Americans appeared first on MINING.com.

Lithium price: Chile giant’s scorched earth strategy

2 days ago

Playbook follows success in the iodine market The post Lithium price: Chile giant’s scorched earth strategy appeared first on MINING.com.

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Hedge funds turned record short on metals just before the rout

1 day ago

As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall. The post Hedge funds turned record short on metals just before the rout appeared first on MINING.com.

What a copper band unveiled about Ancient Americans

1 day ago

A metal piece revealed that Ancient Natives moved goods and knowledge thousands of kilometres across various regions. The post What a copper band unveiled about Ancient Americans appeared first on MINING.com.

Gold will fight back dollar for haven status, Sprott says

2 days ago

Bullion has lost out in a paradigm shift where gold’s no longer viewed as the traditional refuge when investors are in a risk-off mood, but that won’t last. The post Gold will fight back dollar for haven status, Sprott says appeared first on MINING.com.

Granges halts plans for North America aluminium manufacturing joint venture

2 days ago

The venture was expected to combine Granges' and Mitsubishi Aluminum' expertise in aluminium rolling. The post Granges halts plans for North America aluminium manufacturing joint venture appeared first on MINING.com.

Turkey tariffs hike on US goods threatens country’s coal imports — WoodMac

3 days ago

Wood Mackenzie predicts that, in the short term, demand for coal will fall due to its higher prices. In the longer term, the new tariffs will slow Turkish economic growth and with that, further weaken the demand for coal. The post Turkey tariffs hike on US goods threatens country’s coal imports — WoodMac appeared first on MINING.com.

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Gold investors ‘give up hope’ as biggest short in history builds

3 hours ago

Gold is hitting new milestones of misery. The post Gold investors ‘give up hope’ as biggest short in history builds appeared first on MINING.com.

AngloGold swings back to profit days before new boss takes helm

5 hours ago

The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs. The post AngloGold swings back to profit days before new boss takes helm appeared first on MINING.com.

Mine collapse in Zimbabwe kills one, injures three

1 day ago

The Zimbabwe National Army has been dealing for months with people working illegally at the mine site. The post Mine collapse in Zimbabwe kills one, injures three appeared first on MINING.com.

Hedge funds turned record short on metals just before the rout

1 day ago

As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall. The post Hedge funds turned record short on metals just before the rout appeared first on MINING.com.

More pain seen as economists cut key South African forecasts 2 days ago - Bloomberg News

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Hedge funds turned record short on metals just before the rout

1 day ago

As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall. The post Hedge funds turned record short on metals just before the rout appeared first on MINING.com.

What a copper band unveiled about Ancient Americans

1 day ago

A metal piece revealed that Ancient Natives moved goods and knowledge thousands of kilometres across various regions. The post What a copper band unveiled about Ancient Americans appeared first on MINING.com.

Chile's Antofagasta expects more copper price volatility -media

1 day ago

Ivan Arriagada, chief executive of Antofagasta, said he expected copper prices to be affected by global uncertainty. The post Chile's Antofagasta expects more copper price volatility -media appeared first on MINING.com.

Poland's KGHM optimistic of meeting 2018 output plan

2 days ago

Poland's KGHM will achieve its 2018 copper production plan despite a fall in output in the first half of the year. The post Poland's KGHM optimistic of meeting 2018 output plan appeared first on MINING.com.

JX Nippon Mining, Mitsui dodge strike at Chile's Caserones mine

3 days ago

Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike. The post JX Nippon Mining, Mitsui dodge strike at Chile's Caserones mine appeared first on MINING.com.

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Turkey tariffs hike on US goods threatens country’s coal imports — WoodMac

3 days ago

Wood Mackenzie predicts that, in the short term, demand for coal will fall due to its higher prices. In the longer term, the new tariffs will slow Turkish economic growth and with that, further weaken the demand for coal. The post Turkey tariffs hike on US goods threatens country’s coal imports — WoodMac appeared first on MINING.com.

Abuse of power: Debunking the Trump administration’s national security argument for coal

3 days ago

Recently, administration officials have selectively targeted natural gas and renewable energy generation resources, falsely claiming they pose greater risks. The post Abuse of power: Debunking the Trump administration’s national security argument for coal appeared first on MINING.com.

US to allow mining on land removed from monuments

4 days ago

The US Bureau of Land Management has announced plans to allow increased mining on land that once belonged to two national monuments Donald Trump shrank. The post US to allow mining on land removed from monuments appeared first on MINING.com.

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

5 days 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

6 days 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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Australian iron ore miner Fortescue's annual profit halves

13 hours ago

Fortescue Metals said that its annual profit halved as prices for its lower quality iron ore fell. The post Australian iron ore miner Fortescue's annual profit halves appeared first on MINING.com.

Anglo Pacific buys iron ore royalty stake, seeks more deals

3 days ago

Anglo Pacific shares were up 2.5 percent by 1053 GMT, while the wider sector had gained 1 percent. The post Anglo Pacific buys iron ore royalty stake, seeks more deals appeared first on MINING.com.

Baffinland submits environmental update for May River project to Nunavut authorities

3 days ago

Document proposes replacing the road connecting the mine to a port with a railway, to reduce dust and sediment in the water. The post Baffinland submits environmental update for May River project to Nunavut authorities appeared first on MINING.com.

Rio Tinto closer to selling $6bn stake in Iron Ore of Canada

5 days ago

Company is said to have hired Credit Suisse to conduct an auction of its 58.7% interest in IOC. The post Rio Tinto closer to selling $6bn stake in Iron Ore of Canada appeared first on MINING.com.

Canada to consider steel safeguard response to US tariffs

5 days 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.

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