Minerals exploration in Australia jumps as supercycle looms
Spending on exploration in Australia rose in the December quarter to its highest in over seven years.
Latest Stories
Nornickel can restore water-hit mines, but unclear when – experts
The company suspended operations at its Oktyabrsky and Taimyrsky mines in Siberia after it detected subterranean water flowing into the facilities.
Codelco copper output jumps in January, Escondida dips
Production fell 16.1% year-on-year to 84,700 tonnes at the world's largest copper deposit.
First claimants paid in South African silicosis settlement
The companies, which reached the settlement agreement in 2018, are Harmony Gold, Gold Fields, African Rainbow Minerals, Sibanye-Stillwater, AngloGold Ashanti and Anglo American.
Glencore’s Australia mine expansion threatens sacred sites – authority head
Glencore unit McArthur River Mine received approval from the territory's mining minister last year to proceed with the expansion.
Alrosa reports 49% fall in profit in 2020
Company output fell by 22% to 30 million carats as it suspended mining at less profitable mines amid the pandemic.
Bulls run wild: Chinese funds throw more fuel on copper’s flames
Chinese funds stepped into the driving seat last week with one player placing a mega $1-billion bet on higher prices.
Long intervals of high-grade gold from Eskay Creek ahead of resource update
Drill highlights include 49 metres of 2.82 g/t gold and 57 g/t silver (3.58 g/t gold-equivalent) starting at 98 metre.
Fresnillo cautious on 2021 outlook despite soaring profits
Uncertainty related to the ongoing impacts of covid-19 in Mexico, its focus market, takes part of the shine off the miner's full-year profit.
