The Esperanza camp, which is part of the San Carlos Panantza mining complex in Ecuador, was intentionally set on fire and destroyed this weekend, according to information made public by the Ministry of Energy and Natural Non-Renewable Resources.
News ID: 8909 Publish Date : 2020/03/30
Glencore PLC on Thursday halted a number of smaller mines due to government restrictions to curb the spread of the coronavirus but added its larger operations were not materially impacted.
News ID: 8906 Publish Date : 2020/03/26
The ongoing covid-19 pandemic has created “significant operating and financial challenges” for Sprott Resource Holdings’ (TSX: SRHI) primary operating asset Minera Tres Valles (MTV), the company stated in its 2019 annual report.
News ID: 8903 Publish Date : 2020/03/27
Petra Diamonds (LON:PDL) has had to halt its production outlook for fiscal 2020 as it is closing its mines in South Africa for a mandatory 21-day lockdown aimed at tackling the worsening coronavirus pandemic.
News ID: 8897 Publish Date : 2020/03/28
Freeport-McMoRan Inc said on Thursday it was in talks with the Peruvian government to conduct limited operations at its giant Cerro Verde mine after the country extended a national emergency due to the coronavirus outbreak to April 12.
News ID: 8894 Publish Date : 2020/03/27
Bolivia’s San Cristóbal mine, a huge deposit of zinc, lead and silver, has suspended operations after the country imposed tough rules to halt the spread of coronavirus, its operator Minera San Cristóbal said in a statement on Friday.
News ID: 8889 Publish Date : 2020/03/29
Australia's ports and the mining firms that use them have called on the federal government to ensure that they continue operating through the coronavirus pandemic, by declaring the ports as essential industries.
News ID: 8867 Publish Date : 2020/03/25
Australian lithium producer Pilbara Minerals has secured a five year offtake agreement with downstream Chinese lithium chemicals producer Yibin Tianyi.
News ID: 8865 Publish Date : 2020/03/25
Metro Mining has made public that it will resume mining at the Bauxite Hills Mine in early April’20, as formulated, with the first vessel to commence loading two weeks later.
News ID: 8832 Publish Date : 2020/03/23
Odisha govt had invited bids for grant of Guali iron ore mining lease having EC of 5.7 MnT pa. 14 companies were in the race for this mine auction.
News ID: 8817 Publish Date : 2020/03/17
Chilean state-run mining company Codelco has reduced operations in response to government coronavirus measures.
News ID: 8777 Publish Date : 2020/03/19
Kuzbass-based coal mining firm Meltek targets an increase in output to 4.8mn t this year, up by 500,000t compared with 2019, on stronger output of high-margin coal grades, the company says. Most of the firm's production this year — 94pc, or 4.3mn t — is expected to be sent overseas, with the remainder sold domestically.
News ID: 8536 Publish Date : 2020/03/02
India's coal ministry will seek approval soon from the country's federal cabinet to launch the first auction of coal blocks for commercial mining, with the aim of issuing tender documents in the 2019-2020 fiscal year ending on 31 March.
News ID: 8499 Publish Date : 2020/02/26
Bullion prices are at their highest in seven years, closing in on $1,600 an ounce. Gold held by exchange-traded funds is at all-time records and rising, thanks to worries over the economic damage inflicted by the coronavirus outbreak. Reserves, meanwhile, are depleting. It’s a heady mixture for miners, but perhaps not yet an intoxicating one.
News ID: 8460 Publish Date : 2020/02/18
Glasgow-based start-up Hypervine announced Monday the start of a project co-funded by the European Space Agency (ESA) to develop services using space-based data to improve efficiencies for extractive industries.
News ID: 8459 Publish Date : 2020/02/18
Colorado-based gold miner Newmont (NYSE: NEM, TSX: NGT) has reported gold mineral reserves of 100.2 million attributable ounces for 2019, the largest ever in company history. This represents a 53% increase over the 65.4 million ounces recorded in 2018 following the completion of two major transactions and through ongoing exploration success.
News ID: 8458 Publish Date : 2020/02/18
Barrick Gold (NYSE: GOLD) is not looking to merge with copper miner Freeport-McMoran, CEO Mark Bristow said on Thursday, although he is interested in the company’s Grasberg mine in Indonesia, and indicated he wants to expand in the Pacific Rim.
News ID: 8425 Publish Date : 2020/02/07
Canada’s Ivanhoe Mines (TSX:IVN) has unveiled a fresh set of mind-boggling figures from its flagship copper project in the Democratic Republic of Congo, confirming that the already large asset has room to grow.
News ID: 8404 Publish Date : 2020/02/06
Canada’s Lucara Diamond (TSX:LUC) has found an unbroken 549-carat white diamond at its prolific Karowe mine in Botswana, the same asset that last year yielded the 1,758-carat Sewelô (“rare find”), the second-largest diamond ever mined.
News ID: 8403 Publish Date : 2020/02/06
AngloGold Ashanti Ltd., a company that emerged from the South African mining empire created by Ernest Oppenheimer, is pivoting toward the Americas to develop more profitable assets.
News ID: 8402 Publish Date : 2020/02/06
