Northern Graphite to increase Bissett Creek’s production by 20%
The increase would mean integrating an initial production rate of approximately 25,000 tonnes per year into its development plans.
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Fastest-growing gold ETF using fee war to redefine industry
GraniteShares Gold Trust founder, Will Rhind, is in the midst of a fee war with his former employer and other ETFs that’s helped boost his fund’s value to $458 million, from less than $12 million a year earlier.
Peruvian authorities looking into possible tailings dam spill at Southern Copper’s Cuajone mine
The country's environmental agency OEFA detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the copper mine, located in the Moquegua region.
Russia’s Polyus reports jump in profit on rising gold sales
The country's largest gold producer reported a 20% jump in fourth-quarter adjusted net profit to $291 million compared with last year, lifted by increased production and rising sales of the metal.
China iron ore rises to record on concerns over Brazilian supply
China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country's second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.
Tanzania row overshadows Acacia’s upbeat output, cost figures
Shares in the gold miner are up more than 50% since September when Barrick said it was buying Randgold Resources and when Mark Bristow was named as chief executive, taking over as head of the merged entity from January.
World’s top uranium miner Cameco in no hurry to resume production
The company says it has seen a significant improvement over the past year, with prices up about 20%, but believes conditions are not where they need to be to restart idled capacity.
Minerals Council of Australia calls for tax, workplace law reform
According to the industry group, such reform would encourage additional investment in capital and technology.
Codelco ready to resume operations at Chuquicamata despite torrential rains
The wet season in the austral summer has caused havoc in northern Chile.