Centamin jumps on better-than-expected gold output estimates
The Egypt-focused gold miner also expects solid growth this year. It’s targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.
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Chile’s Andina mine to be modified to protect glaciers
Codelco will invest $250 million to modify the shape of the current pit.
Oil tanker still on fire in the East China Sea
The Sanchi collided with a cargo ship about 260km off the coast of Shanghai.
U.S. expects domestic crude output to hit records in 2018, 2019
Oil production is seen as topping 11 million b/d in November 2019.
Workers at Colombia’s Cerrejon coal mine say they could strike over wages
Unless disagreements at negotiations for wages and benefits are resolved by Jan. 19
Hudbay Minerals expands footprint in Peru
The miner’s local subsidiary has entered into an agreement to acquire mining properties in southern Peru near its Constancia copper mine.
These five technologies will shake up the mining industry in 2018
In the last few years of companies being forced into more cost-saving and efficiency measures have naturally bred innovation.
Vale closes sale of fertilizer business to Mosaic for $1.4 billion
Brazilian mining giant is retaining control of the TIPLAM port terminal, which was originally included in the deal.
Osum Oil Sands to double capacity at Alberta site
The company's CEO said they are moving closer to their goal of producing 20,000 barrels per day at Orion.