MINING.COM

Miner Petropavlovsk’s biggest shareholder outlines his case for change

Petropavlovsk's largest shareholder, who is calling for an overhaul of the board, plans to sell the company's stake in an iron ore unit and draw up gold sector deals.

Reuters | June 21, 2018 | 11:31 am

Trade worries aside, copper price has further to fall

"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report.

Frik Els | June 21, 2018 | 11:03 am

Cobalt explorers see Congo mine law offset by price, high grades

Junior miners exploring for cobalt in the DRC reckon increased prices and the country’s high-grade deposits will offset the added costs of new legislation larger companies have opposed.

Bloomberg News | June 21, 2018 | 11:00 am

Global copper output up 7.1 pct in first three months of 2018

Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile.

Cecilia Jamasmie | June 21, 2018 | 10:53 am

Japan launches WTO complaint over S.Korea steel duties

Japan has launched a complaint at the World Trade Organization to challenge South Korean anti-dumping duties on Japanese stainless steel bars.

Reuters | June 21, 2018 | 10:38 am

New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m

Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.

Cecilia Jamasmie | June 21, 2018 | 7:43 am

Lumina Gold, First Quantum ink deal to advance exploration in Ecuador

First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal.

Cecilia Jamasmie | June 21, 2018 | 5:58 am

More than 20 Philippine mines pass govt review, 4 fail — official

The panel reviewed the 27 mines in the world's No. 2 nickel ore supplier that former Environment and Natural Resources Secretary Regina Lopez ordered closed or suspended last year.

Reuters | June 21, 2018 | 4:17 am

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.

Cecilia Jamasmie | June 21, 2018 | 3:50 am

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