Hochschild Mining halts Peruvian mine on low silver prices
The company said that any potential restart would be dependent on market conditions.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Barrick Gold posts $1.2 billion quarterly loss, sees cost rising in 2019
The company pinned the cost increases partly on mining ending at its low-cost Cortez Hills open pit in Nevada in the first half of the year.
Teck misses Q4 profit estimates on lower copper, zinc and oil prices
Canada’s largest diversified miner saw its quarterly profit drop 41.5 % from the year earlier, amid lower prices for copper, zinc and oil.
Alrosa exhibits largest pink diamond ever found in Russia
The Russian miner sees encouraging prospects from colourful diamonds, market in which it aims to become the world’s leader.
Firestone shares on fire after finding 70-carat diamond in Lesotho
The white, makeable diamond is the largest found so far this year and follows the recovery of a 46-carat, gem quality white rock in December.
Newcrest sells Côte d’Ivoire project to Canada’s Roxgold in $30 million deal
Roxgold believes the project has near-term development potential due to its Antenna deposit, which hosts an inferred resource of 5.8 million tonnes.
Bougainville’s $58B gold-copper mine rights safe for now as Mining Act changes rejected
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law.
Northern Star shares up on better-than-expected exploration results at Alaska mine
The company’s stock closed Tuesday in Sydney 1.82% higher at A$8.97 on the news.
AngloGold to pour first gold at Obuasi mine by year end
The miner has completed the first week of underground development blasting at its Obuasi mine, in Ghana.
Peruvian authorities looking into possible tailings dam spill at Southern Copper’s Cuajone mine
The country's environmental agency OEFA detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the copper mine, located in the Moquegua region.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
