MINING.COM

CMC acquires Maptek Sentry for survey and monitoring at Portia Gold Mine

The Sentry solution is an active monitoring system for tracking movement and notifying stakeholders about potentially unsafe areas of an open pit operation.

Maptek | July 29, 2015 | 10:20 am

Nautilus Minerals: Vessel dewatering plant detailed design contract awarded

Nautilus Minerals Inc. announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the Brisbane office of the DRA Group.

Nautilus Minerals Inc. | July 29, 2015 | 9:56 am

About 30,000 fresh job cuts, more mine closures expected in Australia

A fresh survey of mining industry leaders is predicting more mine closures and job cuts as the prices of commodities like iron ore and coal decline.

Cecilia Jamasmie | July 29, 2015 | 9:30 am

New chapter in controversial Barkerville Gold saga

Following last year’s resignation of founder and former CEO Frank Callaghan, the company brought in a new CEO – Tom Obradovich, a key player in Aurelian Resources Inc., which was acquired by Kinross Gold Corp. (TSX:K) – and is now trying to write a new chapter in the Barkerville saga.

Business in Vancouver | July 29, 2015 | 9:26 am

Gold to dip below $1,000 by end of the year – report

Gold is doomed. That seems to be the message being deliverd by several analysts who predict prices for the metal will hit fresh historic lows by the end of 2015.

Cecilia Jamasmie | July 29, 2015 | 7:36 am

Miners in Asia and Africa more likely to switch to different OEM within next five years

Whilst miners are relatively loyal in Australia and North America to their current Original Equipment Manufacturers (OEMS), over half of those in Asia are likely to seek out a new supplier within the next five years, a new report shows.

Timetric | July 29, 2015 | 5:38 am

Antofagasta cuts copper output forecast for the year

This is the second time this year that the London-listed miner slashes its annual copper production guidance.

Cecilia Jamasmie | July 29, 2015 | 4:30 am

Diver finds $1 million in 300-year-old gold coins off Florida coast

A member of a Florida family hit the jackpot when he found $1 million-worth of gold artifacts, including a royal coin from the Spanish king, recovered from a ship that sank off the Florida coast 300 years ago.

Cecilia Jamasmie | July 29, 2015 | 3:00 am

Deutsche: Gold price has another 30% to fall – and soon

Fresh lows in coming months and eventual decline to $750 represents fair value according to inflation-adjusted historical averages says bank's new research.

Frik Els | July 28, 2015 | 5:22 pm

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