South Africa’s Gold Fields sells Darlot mine in Australia for $15 million
The buyer, Perth-based Red 5, is also acquiring Saracen Mineral Holdings' King of the Hills mine.
Cecilia Jamasmie , Editor-in-Chief
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Greece to kick off arbitration process over Eldorado Gold’s project
Authorities seek to settle differences with the Canadian miner over Skouries, one of the gold projects the firm is currently developing in northern Greece.
Chile’s Caserones copper mine close to reach full capacity after weather forced 3-week shutdown
The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.
Antofagasta opening exploration office in Peru by year-end
Miner said country offers more favourable conditions to start new projects than Chile, where Antofagasta has majority stakes in four copper mines and has just opened a new one — Antucoya.
Yancoal seeks $2.5bn from investors to pay for Rio’s Aussie coal mines
Former rival bidder Glencore will subscribe to $300 million worth of the rights offer.
Rio Tinto’s first-half profit soars 93%, investors getting $3bn back
The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.
Philippines says open pit mining ban to stay put
Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.
Caterpillar in search of new CFO as Halverson to retire next year
Brad Halverson has spent nearly three decades with the mining and construction equipment maker.
India’s biggest holiday boosts De Beers rough diamond sales
The diamond giant said customers began buying rough diamond earlier than usual so they can complete their polishing before Diwali begins.
Nebraska governor says NioCorp’s Elk Creek a ‘high-priority’ project
Niocorp's Elk Creek project in southeast Nebraska aims to produce niobium, scandium and titanium.
First Quantum credit outlook improves on Cobre Panama progress
S&P has revised the miner’s rating to positive from negative on improved liquidity and a likely 2026 restart of its key copper mine.
