Commercial production is expected by the end of Q1 2019.
United States Mining News
OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.
The entire wellfield – 41 production wells and 22 compliance wells – should be complete by July this year.
World warehouse stocks are dropping, down 50% since the first of April.
First Cobalt and Fisker Inc. are focused on providing cobalt to the American EV market efficiently, and on maintaining stringent ethical mining practices.
Arizona based Urbix Resources has produced the first economically viable graphene-enhanced lightweight concrete.
The global coal mining market is growing, with a CAGR of close to 2% from 2018-2022.
India clinches the title for largest zinc mine with Rampura Agucha.
Chile aims to find new copper markets and expand its lithium industry as it seeks to shield its economy from a U.S-.China trade war.
Shares extended losses for a fifth straight session Monday, falling 4.3 percent to the lowest in more than 18 months.
Toronto-based Barrick announced it would purchase Randgold for a spectacular $6 billion.
Americas silver and Pershing gold to merge to create a low-cost, precious metal growth company in the Americas.
Egypt recently bought gold for the first time since 1978, India, Indonesia, Thailand and the Philippines have re-entered the gold market after years-long absences.
Resurfacing financial fears will ultimately be supportive of gold, says Reuters in a study published this month.
The gold-to-silver ratio has now spiked above 85, which is the highest level of this entire 18-year bull market.
More than $500 million in transactions are pending or were completed so far this month.
Fresh off a bounce in the polls, Democratic nominee Hillary Clinton is promising to revitalize Pennsylvania communities hurt by a downturn in the coal and steel industries.
The road to a coal-less future was strewn with two more casualties Tuesday, after a large Montana coal plant agreed to shut down two of its units.
Above-normal temperatures during the winter of 2015–16 were a key reason for the large decrease in coal production during the first three months of 2016.
The sale leaves Consol will only have three mines in southwestern Pennsylvania and one site, the Miller Creek complex, in southern West Virginia.
The United States earned less from its mines in 2015 and became more reliant on outside sources for critical metals, according to a new report from the U.S. Geological Survey (USGS).
The main culprit? Cheap natural gas.
Some of the largest projects are in the Powder River Basin of Wyoming and Montana.
The issue of how to pay for mine reclamation is flying below the surface of the general public even though the matter is, literally, above ground and right before the eyes of the major coal-producing regions.