InfoMine - Mining Intelligence and Technology

Quarry to use drones, AI for tracking inventory

12 hours ago

Wendling says the service is more efficient, safer and accurate. The quarry operator can also carry out more frequent surveys. The post Quarry to use drones, AI for tracking inventory appeared first on MINING.com.

Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal

14 hours ago

Koricancha is located about 50km from Inca One’s own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year. The post Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal appeared first on MINING.com.

Lakes, rivers near abandoned mine sites likely source of antibiotics

16 hours ago

Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites. The post Lakes, rivers near abandoned mine sites likely source of antibiotics appeared first on MINING.com.

LME to launch monthly 'implied pricing' for base metals

20 hours ago

Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin. The post LME to launch monthly 'implied pricing' for base metals appeared first on MINING.com.

Nevsun passes on Lundin’s $1.4 billion fresh takeover bid

22 hours ago

The base metals producer said that, while it has not yet received a formal offer from Lundin, the bid announced Monday the bid ignores the fundamental value of the company and its assets. The post Nevsun passes on Lundin’s $1.4 billion fresh takeover bid appeared first on MINING.com.

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ArcelorMittal Temirtau to suspend hot-rolled steel coil exports to Iran – adviser

13 hours ago

ArcelorMittal Temirtau, will suspend the export of hot-rolled steel coils to Iran due to the re-imposition of U.S. sanctions The post ArcelorMittal Temirtau to suspend hot-rolled steel coil exports to Iran – adviser appeared first on MINING.com.

How mining tycoons are trying to foil a big UK bribery probe

1 day ago

The case will undoubtedly frustrate attempts to bring criminal charges against them and drag out proceedings for months, if not years. The post How mining tycoons are trying to foil a big UK bribery probe appeared first on MINING.com.

Wheaton buys all gold, some palladium from Sibanye US mines

1 day ago

Streaming deal involves production from Sibanye's Stillwater and East Boulder mines, located in Montana. The post Wheaton buys all gold, some palladium from Sibanye US mines appeared first on MINING.com.

Gold particles help scientists find defects

2 days ago

3D printed parts can be self-reporting thanks to gold. The post Gold particles help scientists find defects appeared first on MINING.com.

McEwen Mining reports Q2 2018 production results 1 day ago - McEwen Mining

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Anglo Asian's Azerbaijan gold output up 43% in first half of 2018

12 hours ago

Anglo-Asian Mining gold production goes up by 43 percent in the first half of 2018. The post Anglo Asian's Azerbaijan gold output up 43% in first half of 2018 appeared first on MINING.com.

Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal

14 hours ago

Koricancha is located about 50km from Inca One’s own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year. The post Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal appeared first on MINING.com.

South Africa's Solidarity union to agree wage deal with Eskom

15 hours ago

South Africa's Solidarity trade union will accept a three-year wage offer from state-run power utility, Eskom. The post South Africa's Solidarity union to agree wage deal with Eskom appeared first on MINING.com.

LME to launch monthly 'implied pricing' for base metals

20 hours ago

Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin. The post LME to launch monthly 'implied pricing' for base metals appeared first on MINING.com.

GoGold reports parral production and sales for Quarter ending June 30, 2018 12 hours ago - GoGold Resources Inc.

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Lakes, rivers near abandoned mine sites likely source of antibiotics

16 hours ago

Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites. The post Lakes, rivers near abandoned mine sites likely source of antibiotics appeared first on MINING.com.

World's biggest miners want more copper but nobody's selling

18 hours ago

Nobody who owns a copper mine wants to give it up. Even when Glencore and Anglo American Plc were crippled by debt during the 2015 commodity slump, neither was willing to entertain an offer from Rio for their holdings in the giant Collahuasi deposit in Chile. The post World's biggest miners want more copper but nobody's selling appeared first on MINING.com.

LME to launch monthly 'implied pricing' for base metals

20 hours ago

Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin. The post LME to launch monthly 'implied pricing' for base metals appeared first on MINING.com.

Nevsun passes on Lundin’s $1.4 billion fresh takeover bid

22 hours ago

The base metals producer said that, while it has not yet received a formal offer from Lundin, the bid announced Monday the bid ignores the fundamental value of the company and its assets. The post Nevsun passes on Lundin’s $1.4 billion fresh takeover bid appeared first on MINING.com.

S. Africa unions decry fatalities as six die at copper mine

1 day ago

South Africa’s mining industry is heading for the deadliest year since 2012 after six people died in an underground fire at Palabora Mining. The post S. Africa unions decry fatalities as six die at copper mine appeared first on MINING.com.

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Four miners killed in Georgia in coal mine accident, officials say

1 day ago

The government will close the mine until an investigation is complete and it gets the conclusions of international experts. The post Four miners killed in Georgia in coal mine accident, officials say appeared first on MINING.com.

Reduced head count, capex spending biggest contributor to mine efficiency mid-decade: McKinsey

4 days ago

To stay productive, McKinsey warns that miners must maintain fiscal discipline. The post Reduced head count, capex spending biggest contributor to mine efficiency mid-decade: McKinsey appeared first on MINING.com.

Five top mining execs. convicted over Turkey’s worst mine disaster

6 days ago

The sentences range from 15 to 22 years in jail for high-ranked executives. The post Five top mining execs. convicted over Turkey’s worst mine disaster appeared first on MINING.com.

Australia's Yancoal halts Austar mine amid safety dispute

8 days ago

Yancoal said it will start standing down employees, and is aiming to redeploy most workers to other underground operations owned by the company. The post Australia's Yancoal halts Austar mine amid safety dispute appeared first on MINING.com.

Private equity firm to deploy $550 million into mining sector

8 days ago

Targeting close or ready for production. The post Private equity firm to deploy $550 million into mining sector appeared first on MINING.com.

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ArcelorMittal Temirtau to suspend hot-rolled steel coil exports to Iran – adviser

13 hours ago

ArcelorMittal Temirtau, will suspend the export of hot-rolled steel coils to Iran due to the re-imposition of U.S. sanctions The post ArcelorMittal Temirtau to suspend hot-rolled steel coil exports to Iran – adviser appeared first on MINING.com.

China's top steel city extends pollution curbs until July 21

14 hours ago

Tangshan, China's top steelmaking city, has extended recent emergency pollution control measures until July 21 because of a possible major smog alert. The post China's top steel city extends pollution curbs until July 21 appeared first on MINING.com.

Rio Tinto posts jump in iron ore output, flags stronger 2018

22 hours ago

Rio said it expected iron ore shipments for the year to be at the upper end of its range of 330 million to 340 million tonnes, thanks to productivity improvements and fewer weather-related disruptions compared to Q2 2017. The post Rio Tinto posts jump in iron ore output, flags stronger 2018 appeared first on MINING.com.

Vale’s iron ore output hit fresh record high despite trucker strike

1 day ago

Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in May. The post Vale’s iron ore output hit fresh record high despite trucker strike appeared first on MINING.com.

Top-grade iron ore may spike to $100

2 days ago

High-grade iron ore may spike to $100 a metric ton as China intensifies a clampdown on pollution by restraining industrial activity. The post Top-grade iron ore may spike to $100 appeared first on MINING.com.

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