Prairie Mining says near deal with Chinese banks to fund Polish mine
Upfront capital costs for the development of the Jan Karski mine totals $630 million with Chinese lenders expected to financing 85 percent of it.
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Mitsui to build desalination plant for BHP’s Spence copper mine in Chile
The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).
Globe Competency Assurance awarded contract with PT Petrosea Tbk in West Papua, Indonesia
Globe CA has been awarded a contract with PT Petrosea Tbk
Millions of dollars in gold end up in Switzerland’s sewers every year
Researchers estimate that roughly 43 kg of gold — worth about $1.8 million at current prices — and 3,000 kg of silver (worth nearly $1.7 million) were flushed away last year.
Mining Intelligence takes off the wrapping
“Mining Intelligence is a large-scale initiative, and we are building a new brand with world-class products and thought-provoking marketing.”
Tanzanian troubles drag down Barrick’s production
World's number one producer still confident it will meet 2017 production guidance.
Rio Tinto’s $2 billion coal assets attract investor consortium: sources
Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.
Thor Mining upbeat on Nevada tungsten project after price rally
Pilot Mountain tungsten project said to be "quite a monster," with five-to-ten years life as a low-cost open pit and 15-year underground life after that.
More good news for lead price as market tightens further
Chinese smelters' treatment and refining charges for imported lead concentrate slide to $20–$30 per tonne, more than $100 below last year's peak.