Major Guinea bauxite mine to start producing in 2019
Alliance Mining Commodities will invest $670 million over the first five years of production at its mine in northwestern Guinea, Saadou Nimaga.
Latest Stories
Barrick shares crater as Tanzania troubles grow
Disappointed shareholders sink Barrick Gold shares 7.6% after $300m settlement with east African country over export ban is labelled a "downpayment".
Gold miner Newmont’s higher costs cast shadow on profit beat
The miner said its all-in sustaining costs to produce an ounce of gold rose $18 to $943 due to higher exploration and project expenses.
Fortescue Q1 iron ore shipments up, price forecast down
Fortescue Metals Group reported slight rise in fiscal first-quarter iron ore shipments, also warned its ore was selling at a greater discount than expected.
Teck Resources shares fall on weaker own coal price outlook
Teck expects larger proportion of coal sales in fourth quarter to be non-premium, reducing average realized price to about 85 percent of benchmark prices.
Vale is stockpiling iron ore to make the most of higher prices
Third quarter results for the Brazilian miner, the world's top iron ore producer, show a 19 million tonne gap between sales and output.
Eldorado cuts production guidance at Turkey mine
Gold recovery from the leach pad at the operation has lagged internal expectations.
10 people die in clash at a gold mine in Chad
The fight started when residents of the central Sahara mountain region felt disturbed by artisanal miners.
Quantum computing turning to copper
In order to store new quantum data that can be processed by quantum computers, scientists are exploring the possibilities that copper offers.