Rio Tinto invests $749 million in Pilbara iron ore mine
The company said the project is expected to deliver internal rate of return with a capital intensity of about $25 per tonne of production capacity.
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Nautilus Minerals officially sinks, shares still trading
Court papers noted that Nautilus had two distinct business units, one dealing with polymetallic nodules, and one dealing with seafloor massive sulphides.
Vale sees $1.6 billion impairment charge for Q4 in New Caledonia write down
Vale said its annual assets review of its base metals and coal business is still underway and further impairments charges that would also impact fiscal year 2019 cannot be ruled out.
Colonial Coal’s Huguenot PEA strictly open pit
Measured and indicated pit resources total 132 million tonnes, with an additional inferred resource of 500,000 tonnes.
Moneta updates South West deposit resources at Golden Highway
Indicated resources grew by 58% to 472,000 oz at 4.53 g/t.
Osisko reports high-grade intercepts from Windfall
Intercepts of note include 3.3 metres of 491 g/t gold as well as 8.0 metres of 161 g/t gold.
White Gold makes new discovery at Hen property
White Gold holds a total of 35 properties in the Yukon’s White Gold district.
Teranga achieves commercial production at Wahgnion
The new mine is expected to achieve the upper end of its 2019 production guidance of 30,000-40,000 oz.
Church of England ups ante against anti-climate lobby
Ethical investors plan to extend their campaign for miners and other big businesses to stop funding industry associations that block progress on UN goals to curb climate change.