Mining News

China’s Zijin hands $298 million to partner Barrick Gold
MINING.com - 1 hour ago
The cash injection comes from selling half of its interest in the Porgera mining operation to the Chinese group last May. The post China’s Zijin hands $298 million to partner Barrick Gold appeared first on MINING.com.
Fire damages Canadian Syncrude equipment, forces firm to halt production
MINING.com - 1 hour ago
The incident adds to the firm's mounting challenges, including swinging to a loss, growing debt, unplanned equipment outages and Moody’s Investors Service recent cut of the company's credit rating. The post Fire damages Canadian Syncrude equipment, forces firm to halt production appeared first on MI
Tesla begins Gigafactory sourcing with lithium supply deal
MINING.com - 2 days ago
London-based Bacanora Minerals and Rare Earth Minerals have received the go-ahead to supply lithium hydroxide to Tesla's lithium-ion battery megafactory from its clay deposit in Mexico's north-west should the new project reach production. The post Tesla begins Gigafactory sourcing with lithium supp
Why a Fed rate hike could be a blessing for gold prices: Brien Lundin
MINING.com - 3 days ago
Like a true contrarian, Gold Newsletter publisher Brien Lundin looks beyond the headlines to understand what is really moving precious metals prices. The post Why a Fed rate hike could be a blessing for gold prices: Brien Lundin appeared first on MINING.com.
Freeport-McMoRan cuts spending, production and jobs: shares soar
MINING.com - 3 days ago
The miner has responded to deteriorating market conditions by slashing spending and cutting jobs, mostly at its North American operations. The post Freeport-McMoRan cuts spending, production and jobs: shares soar appeared first on MINING.com.

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