MINING.COM

Barrick confirms selling half of Veladero to Shandong Gold for $960 million

Deal will also see the two firms looking at jointly developing the nearby Pascua-Lama gold, silver and copper project and evaluating additional investment opportunities in the area.

Cecilia Jamasmie | April 6, 2017 | 3:14 am

‘Conflict minerals’ entering tech supply chains from countries beyond Africa — report

Tungsten, tin, tantalum and gold are now also being illegally extracted and traded at sites under the control of armed groups in countries including Myanmar and Colombia.

Cecilia Jamasmie | April 6, 2017 | 1:02 am

Gold finds strong support from negative real rates

In case you haven’t already noticed, inflation has been steadily creeping up since July. In February, the most recent month of available data, consumer prices advanced at their fastest pace in five years, hitting 2.7 percent year-over-year.

U.S. Global Investors | April 5, 2017 | 4:56 pm

Chinese buying 50% of Barrick Veladero, Pascua Lama-report

Veladero could fetch more than $1 billion despite operational setbacks.

Frik Els | April 5, 2017 | 3:38 pm

When will Russia run out of oil?

Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. Russia's exploration activities, suffered a double blow during this period.

Oilprice.com | April 5, 2017 | 2:37 pm

Could Chad become the new African gold frontier?

A UK listed junior exploration company is hoping to switch Chad’s historic focus from black gold to the more traditional metallic variety with ‘potentially nation-building’ projects.

Nick Black | April 5, 2017 | 2:18 pm

Escondida strike less damaging to Chile’s copper output than thought — report

Experts expect the country, which accounts for more 30% of the world's copper supply, to produce 5.4 million tonnes of the metal in 2017, slightly down from the 5.5mnt it yielded last year.

Cecilia Jamasmie | April 5, 2017 | 9:28 am

Joy Global becomes Komatsu Mining

The Japanese firm has completed its $3.7bn takeover of the Milwaukee-based equipment maker.

Cecilia Jamasmie | April 5, 2017 | 7:29 am

Cyclone damage causes BHP to declare force majeure in Australia

The miner said it won't meet its coal export commitments due to the damage caused by cyclone Debbie, which struck Australia’s north-east coast last week.

Cecilia Jamasmie | April 5, 2017 | 5:44 am

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