July 16, 2019

Turquoise Hill’s stock tanks on Mongolia troubles

The Vancouver-based miner reported expansion costs at its Oyu Tolgoi mine could increase over $1 billion.

July 16, 2019

Rio faces $1.9bn cost blowout, delays at Oyu Tolgoi

The first sustainable production is now expected between May 2022 and June 2023.

July 15, 2019

Gold industry review: Falling production at world’s biggest gold mines, costs kept under control – Q1 2019

MINING.COM first quarter 2019 gold industry review reveals global all-in costs remain under control – one Australian producer now mines for just $315/oz.

July 15, 2019

Antofagasta, Barrick get almost $6 billion after legal win against Pakistan

World Bank tribunal rules in favour of Tethyan Copper, a joint venture between the Chilean copper miner and Canada’s gold giant after seven-year battle.

July 14, 2019

Pakistan welcomes venture’s willingness for negotiated settlement after Reko Diq mine ruling

A World Bank tribunal ordered the Pakistani government to pay $5.8 billion in damages in a dispute over the Reko Diq copper mine.

July 12, 2019

Asian gold buying stalls as consumers look to cash in on price rally

In top consumer China, gold was sold at a premium of $10-$13 an ounce over the benchmark this week.

July 12, 2019

Japan Gold expands Hokkaido project

Japan granted the Canadian company four additional prospecting rights.

July 11, 2019

Shrinking demand to eclipse supply issues in tin market

Tin prices on the London Metal Exchange at around $18,000 a tonne are down 15% since hitting one-year highs at $21,800 a tonne in February.

July 11, 2019

World Gold Council expects metal demand, prices to stay strong

Price momentum and structural economic reforms in India and China will also be key demand drivers.

July 10, 2019

Prophecy’s Mongolian coal mine achieves record production

Following a two-month halt in operations, monthly coal production at Ulaan Ovoo reached 37,800 tonnes in June.