Canada lithium mining hopeful takes another big hit A week after cost blowout sent the stock crashing Quebec lithium mine developer Nemaska is forced to terminate major supply agreement, pay penalties. Frik Els | February 18, 2019 | 4:40 pm
These 20 analysts forecast gold price above $1,400 in 2019 Two-thirds of 30 analysts polled by the LBMA see double digit gains for the gold price 2019, but the ride will be bumpy. Frik Els | February 18, 2019 | 3:36 pm
Copper cops play game of cat and mouse around desert convoys The new police unit has already had some success, arresting 11 people and seizing about 60 tons of mineral stolen from the copper mines. Bloomberg News | February 18, 2019 | 2:00 pm
Petra Diamonds appoints new CEO, share price rises Analysts said appointing Richard Duffy, who has held finance posts in his 27 years in mining, would benefit the company as it sought to cut debt. Reuters | February 18, 2019 | 1:07 pm
Brazil bans upstream mining dams after Vale’s latest disaster All so-called upstream dams need to be decommissioned or removed by August, 2021, according to a resolution the National Mining Agency published on Monday. Bloomberg News | February 18, 2019 | 12:51 pm
How South African mines cope with power cuts The utility gives the industry notice to reduce their power consumption by 15–20% when the national grid is at its tightest. Reuters | February 18, 2019 | 12:33 pm
Malaysia lifts bauxite mining moratorium after 3-year ban Malaysia was once the biggest supplier of bauxite to top buyer China, with shipments peaking at nearly 3.5 million tonnes a month. Reuters | February 18, 2019 | 11:15 am
Buybacks and bumper profits on the cards as mining giants report Big mining has remained stubbornly focused on shareholder returns, rather than spending on acquisitions and big-ticket projects. Bloomberg News | February 18, 2019 | 10:52 am
Grasberg hasn’t received new copper export permit Indonesia forecast copper concentrate exports to drop to 200,000 tonnes in 2019 from about 1.2 million tonnes last year. Reuters | February 18, 2019 | 10:10 am