Oxford Economics Australia has released data showing mine maintenance spending may be hitting its peak. But what does it mean for the sector?

Saturday, May 11, 2024 - 18:14:03

Visit: 32

Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains taxes, warning the hike will make it harder for junior miners to raise money to find new mineral deposits.

Friday, May 10, 2024 - 18:04:22

Visit: 36

Australia will spend A$566 million ($373 million) over the coming decade to map out resource deposits with a focus on reserves of critical minerals, which are vital for high-tech manufacturing and the green-energy transition.

Wednesday, May 8, 2024 - 23:57:06

Visit: 51

Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian government’s hopes of a forthcoming announcement.

Wednesday, May 8, 2024 - 00:02:44

Visit: 33

China’s Ganfeng Lithium Group Co. plans to pay about $408 million to buy out its partner in a lithium mine being developed in Mali.

Tuesday, May 7, 2024 - 22:34:25

Visit: 59

First Quantum Minerals said on Monday it is looking forward to talks with Panama’s new government to find a resolution to the Canadian company’s disputed Cobre Panama mine.

Tuesday, May 7, 2024 - 22:25:32

Visit: 35

Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in Pakistan’s Reko Diq gold and copper project, a Pakistan government document showed on Monday.

Monday, May 6, 2024 - 22:17:51

Visit: 50

First Quantum Minerals is looking forward to talks with the new administration in Panama and to work together to find a resolution to its disputed Cobre Panama mine, the Canadian miner said on Monday.

Monday, May 6, 2024 - 22:15:57

Visit: 42

Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group’s $39 billion takeover bid, a source familiar with the matter told Reuters.

Saturday, May 4, 2024 - 14:38:31

Visit: 58

Harmony Gold said on Thursday an employee working on planned rail maintenance had died at its Mponeng mine in South Africa on May 1.

Friday, May 3, 2024 - 14:32:40

Visit: 52

China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39 billion approach for rival Anglo American Plc, potentially the largest mining deal in over a decade.

Thursday, May 2, 2024 - 14:22:57

Visit: 46

M23 rebels in eastern Democratic Republic of Congo have taken control of Rubaya, a key mining town for the smartphone mineral coltan, following days of intense fighting, a rebel spokesman said.

Thursday, May 2, 2024 - 14:14:16

Visit: 37

Barrick Gold faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ties to Russia.

Tuesday, April 30, 2024 - 23:56:50

Visit: 41

BHP Group Ltd.’s proposal for a $39 billion takeover of rival Anglo American Plc is all about securing plenty of copper supplies — so now, the potential deal is throwing uncertainty over the future for Anglo’s massive fertilizer mine in England.

Saturday, April 27, 2024 - 17:25:53

Visit: 53

Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly two years, people familiar with the matter said.

Friday, April 26, 2024 - 17:16:02

Visit: 69

Copper needs to reach $12,000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund.

Thursday, April 25, 2024 - 17:10:30

Visit: 60

The Democratic Republic of Congo’s government notified Apple Inc. of concerns that the company’s supply chain may be tainted by conflict minerals sourced from the central African nation.

Thursday, April 25, 2024 - 17:09:10

Visit: 48

Teck Resources, Canada’s largest diversified miner, saw its copper production jump by 74% in the first three months of the year, thanks mainly to the ramp up of the extension at its Quebrada Blanca (QB) mine in Chile.

Thursday, April 25, 2024 - 16:57:22

Visit: 37

Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.

Wednesday, April 24, 2024 - 19:15:11

Visit: 103

China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s Tietto Minerals has become unconditional.

Wednesday, April 24, 2024 - 19:12:01

Visit: 87

A new report by IDTechEx states that investing in e-haul trucks could result in major savings for miners due to the replacement of diesel with cheaper electricity, as these vehicles have the most intensive duty cycles of any vehicle in a mine.

Wednesday, April 24, 2024 - 19:07:07

Visit: 64

Canadian miner First Quantum Minerals (TSX: FM) believes it will be able to take the already mined 121,000 tonnes of copper concentrate out of its disputed mine in Panama after the national elections there in May, the company’s chief executive said on Wednesday.

Wednesday, April 24, 2024 - 19:03:07

Visit: 74

Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.

Wednesday, April 24, 2024 - 16:46:11

Visit: 45

Ghana Mine Workers Union is demanding the termination of the mining lease of Future Global Resources Ltd. because the company lacks the finances to invest and operate the Bogoso-Prestea gold mine it acquired more than three years ago.

Wednesday, April 24, 2024 - 16:43:46

Visit: 51

Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.

Tuesday, April 23, 2024 - 18:59:12

Visit: 91