Newcrest, Harmony set to build one of the world’s lowest-cost gold mines
The revised plan for their jointly-owned Wafi-Golpu in PNG will require an initial capital spending cost of $2.3 billion.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
VIDEO: Cat machines destroy world’s tallest sand castle
Well, they built it, so they were entitled to do whatever they wanted with the new Guinness World Record holder for the highest sand-made fort.
BP-Husky new Canadian oil sands project begins operations
The Sunrise Phase 1 oil sands project is expected to have initial capacity of 60,000 barrels per day.
India takes first step to end state coal monopoly
India’s Parliament has paved the way for private sector companies to mine coal commercially in the country.
Here is what India needs to effectively manage gold demand — interview
Somasundaram PR, Managing Director of the World Gold Council India, peels back the underlying weakness of India’s gold trade in an interview with MINING.com.
BHP moves away from iron ore to focus on new darling: copper
Forget iron ore for now, the world’s largest mining company is making a bold bet on copper.
New strike hits Peru’s largest copper mine
Unionized workers at Antamina downed tools at midnight Wednesday.
Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector
The miner hinted its 30-year partnership with the Indian diamond industry makes it the best fit to drive the sector’s growth in the country.
Miners in Guatemala to pay ten times more royalties
President Otto Perez Molina has approved a new rule passed by the Congress last week, which rises taxes to transnational miners operating in the country from 1% to 10%.
Hochschild slashes management pay, turns chairman into non-executive
The miner has set out changes to the chairman's role and, as part of its on-going cost cutting program, is further cutting board pay.
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.
