MINING.COM

Cost inflation hit miners’ Q2 results but might signal an attractive buyback chance, says BMO

Many miners have raised their unit cost guidance during their June-quarter financial reporting, signalling an intensification of a trend picked up on during the first quarter.

Henry Lazenby | August 16, 2022 | 1:34 pm

Pure Gold management faces the music following ‘torturous’ Q2 report

Pure Gold said output fell during the second quarter due in part to cash-preservation measures taken by the company while negotiating financing agreements.

Henry Lazenby | August 16, 2022 | 1:28 pm

In northern Chile, miners ask government to curb crime, robberies

The local mining industry has for years reported the theft of goods such as copper by organized gangs.

Reuters | August 16, 2022 | 1:04 pm

Why BHP reckons China’s economy is poised to improve

China’s infrastructure and automotive sectors are “already responding to policy support,” although a rebound in housing activity is expected to take longer, the producer said.

Bloomberg News | August 16, 2022 | 12:53 pm

Metso Outotec awarded major conveyor package order in the Americas

The value of the order is approximately €60 million.

Metso Outotec | August 16, 2022 | 12:26 pm

Magna Mining acquires Crean Hill mine with Lonmin Canada takeover

The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million.

Staff Writer | August 16, 2022 | 11:16 am

VIDEO: VMS deposits present exciting new zinc-copper-gold discovery opportunities in Mexico

Volcanogenic massive sulphide deposits have been a core source of copper, zinc and sometimes gold mineralization for over 150 years and remain the mainstay of some major mining camps worldwide.

Henry Lazenby | August 16, 2022 | 11:12 am