The Canadian miner also said it has obtained better terms for concentrate sales from the project, which are likely to add 15,000 ounces of payable gold production a year.
Europe Mining News
Before the end of 2017, K+S Potash Canada and Amec Foster Wheeler hope to start production at their Legacy project in Saskatchewan.
There are three key components to building a mine, starting with a competent, experienced management team.
The most exciting news from a mining exploration stock is a high-grade drilling result.
Experts predict the plum-size internally flawless pink gem could fetch over $60 million in Hong Kong next month.
It has acquired the 50% interest French luxury goods group LVMH had in De Beers Diamond Jewellers for an undisclosed amount.
The deal would transfer control of Minco's 2% net smelter return royalty on the Curraghinalt gold deposit in Northern Ireland, which Dalradian is currently developing.
The International Center for Settlement of Investment Disputes (ICSID) said Pakistan violated several provisions of its bilateral investment treaty with Australia, where the joint venture between Barrick and Antofagasta is incorporated.
"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.
The mine is set to be totally transformed by 2018.
William P. Barr will help Caterpillar face a federal investigation related to profits earned by CSARL, its Swiss parts subsidiary.
Emmanuel Momoh found the 706-carat diamond in Sierra Leone's Kono district.
The Russian miner said profit attributable to shareholders totalled $2.25 billion (131.39bn roubles) last year, versus $530K (30.67bn) roubles in 2015.
Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.
FLSmidth Airtech installs world’s first hybrid filter for a sinter machine in Bosnia–Herzegovina
Digital domains are maturing fast in Metso's business environment. Metso has set up a Digital Program to accelerate the company to a new level in digital capabilities, required to succeed in the future of minerals processing and flow control.
The company expects demand to increase 3% this year, while no new mines are scheduled to come online in the short-term and supply disruptions continue.
After acquiring new equipment last year, Galantas is moving mining work underground at Omagh.
The 10 largest gold mining companies produce 30% of the world's gold and enjoy some of the sector's fattest margins.
Anglo American today published its 16th annual Sustainability Report, entitled ‘Delivering Change, Building Resilience, Working in Partnership’.
The rectangular, 25.27-carat gem is one of a collection of 13 polished diamonds cut from the famous 726-carat Jonker rough, unearthed at South Africa’s Elandsfontein mine in 1934.
The Kvanefjeld project would also be the world’s second-biggest rare earths operation.
Strong ETF inflows, rising autocatalyst demand despite Volkswagen emission scandal combined with falling mine supply to boost platinum price says new study.
He joins a growing list of chairmen who are leaving some of the world's' top mining companies, including BHP Billiton and Anglo American.
Emissions of carbon dioxide from coal fell 50 per cent in 2016 as use of the fossil fuel dropped by 52 per cent, contributing to an overall drop in carbon output of 5.8 per cent last year compared with 2015.