MINING.COM

Amplats warns H1 profits to fall on impairments, rand

South Africa's Anglo American Platinum (Amplats) expects half-year profits to fall by as much as 67 percent due to a stronger rand, lower sales and post-tax impairments, the company said on Tuesday.

Reuters | July 18, 2017 | 11:25 am

Steady performance by Kibali as it finalises full commissioning

The two remaining components of the Kibali gold mine - its underground shaft system and third hydropower plant - are both on track, Randgold Resources chief executive Mark Bristow said today.

Randgold Resources | July 18, 2017 | 11:18 am

The technical failure that could clear the oil glut in a matter of weeks

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines.

Oilprice.com | July 18, 2017 | 11:02 am

Rio’s revised iron ore guidance pushes price to three-month high

From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.

Cecilia Jamasmie | July 18, 2017 | 7:52 am

Clean energy transition to increase demand for minerals — World Bank

Big winners will be aluminum, copper, lead, lithium, manganese, nickel, silver, steel, and zinc and rare earth minerals such as indium, molybdenum, and neodymium.

World Bank | July 18, 2017 | 6:10 am

Coal mine sold for less than $1 reopens, to reach full production by year-end

Blair Athol thermal coal mine, located in Queensland, Australia, had been closed since 2012 when former owner Rio Tinto shut down operations after almost 30 years of production.

Cecilia Jamasmie | July 18, 2017 | 5:44 am

Rio Tinto axes iron ore export forecast for the year

It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.

Cecilia Jamasmie | July 18, 2017 | 3:35 am

Zinc, lead prices gain on deeper deficits

New report shows lead swinging into 91,000 tonne deficit and zinc undersupply increasing by a third to 178,000 tonnes during first five months of 2017.

Frik Els | July 17, 2017 | 4:59 pm

Leagold Q2 production news

Leagold Mining Corporation announces Q2 2017 gold production at the Los Filos Mine of 46,098 oz, which includes 43,980 oz from April 8, 2017 to June 30, 2017.

Leagold Mining | July 17, 2017 | 4:10 pm

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