Vale says recent dip in global steel prices is temporary Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking. Reuters | December 6, 2018 | 9:31 am
McEwen Mining making plans $20m exploration on Timmins properties The company will offer approximately 6.0 million flow-through shares priced at $3.02 each. Canadian Mining Journal Staff | December 6, 2018 | 9:26 am
Newmont says 2019 gold production at mid-point of previous outlook The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million ounces. Reuters | December 6, 2018 | 9:14 am
South Arturo JV to expand production in late 2019 Premier Gold Mines of Thunder Bay, Ont., has provided an update on development at the South Arturo joint venture in the Carlin Trend. Canadian Mining Journal Staff | December 6, 2018 | 8:45 am
Wesdome extends Eagle River zone 7 at depth Drifting and drilling the 7 zone at the Eagle River mine has resulted in longer than average strike lengths and extended the zone at depth. Canadian Mining Journal Staff | December 6, 2018 | 7:25 am
Vancouver miner allowed to explore gold property in Manitoba – with conditions Alto Ventures' exploration permit was issued with a requirement that a heritage resource impact assessment is completed before work begins. MINING.COM Staff Writer | December 6, 2018 | 7:11 am
Barrick selling research and development firm AuTec Incoming CEO Mark Bristow has announced his intention to offload non-core assets and research and development company AuTec is one of them. Cecilia Jamasmie | December 6, 2018 | 7:00 am
Trump administration to lift barriers to build new coal plants The EPA has announced plans to roll back an Obama-era rule that requires new coal plants to capture their carbon emissions. Cecilia Jamasmie | December 6, 2018 | 5:55 am
Zimbabwe’s handling of diamond industry the ultimate test for Mnangagwa’s reform — report President Emmerson Mnangagwa is making moves to end the country’s international isolation and attract foreign investment to boost an economy in tatters, including allowing new private investment in the diamond fields. Cecilia Jamasmie | December 6, 2018 | 3:16 am