MINING.COM

Petra Diamonds says it urgently needs to raise $178m to cut debt

Petra has been hit by production delays, strikes, a confiscated consignment of diamonds and a strong South African rand.

Reuters | May 24, 2018 | 10:23 am

Polyus expects 2018 gold output at top of forecast range

Polyus, Russia's largest gold producer, said 2018 production was likely to be at the upper end of its forecast range of 2.375-2.425 million troy ounces.

Reuters | May 24, 2018 | 10:05 am

Chile’s SQM says will boost lithium capacity by 2021

Chilean miner SQM said on Thursday that it would invest $525 million to boost its lithium production capacity in Chile through 2021.

Reuters | May 24, 2018 | 9:44 am

Russian diamond producer Alrosa says H1 sales to exceed initial expectations

Alrosa's 2018 production is expected at 36.6 million carats but its sales will be higher than its production - at about 40 million carats.

Reuters | May 24, 2018 | 9:31 am

Argentina passes mining act expected to create 125,000 new jobs

Mining companies still reluctant to tap Argentina deposits

Lack of clarity on environmental rules, overlapping federal and local taxes, and regulations that vary from province to province continue to loom over proposed mines.

Reuters | May 23, 2018 | 5:00 am

Cobalt 27 agrees to streaming finance deal with Australian miner

The transaction is the world's first cobalt-nickel streaming deal on a producing mine, Cobalt 27 said in a statement.

Reuters | May 22, 2018 | 3:13 pm

Poland’s KGHM plans domestic investment of more than $3 bln by 2022

The company also said it plans to reduce investment in oversees assets and focus on domestic operations.

Reuters | May 22, 2018 | 3:05 pm

GE to merge transportation unit with Wabtec in $11.1 bln deal

The deal will add more offerings that can improve efficiency and safety to GE's customers, which include Komatsu Ltd and Rio Tinto PLC.

Reuters | May 22, 2018 | 2:03 pm

Prices will fall across metals and mining in 2023 – Woodmac

Iron ore market dynamics are shifting beneath calm facade: Russell

Structural changes in the world's biggest importer, China, are re-shaping how the industry works.

Reuters | May 22, 2018 | 10:08 am

Mining gear maker Metso picks CEO from Finnair

Pekka Vauramo helped Finnair return to growth after years of losses, and he also has worked for rival engineering group Sandvik.

Reuters | May 21, 2018 | 2:05 pm

China's Huayou to explore Zimbabwe lithium plant 'when conditions are right'

Australia’s Prospect Resources closing in on Zimbabwe lithium financing

The Australian-listed company expects to secure more than $55 million in funding for the first phase of the Arcadia Lithium project.

Reuters | May 20, 2018 | 10:04 am

Zimbabwe will not require foreign mining companies to list locally

Zimbabwe will remove the clause from a mines amendment bill now before parliament, the mines minister said on Friday.

Reuters | May 18, 2018 | 3:07 pm

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