July 11, 2018

Resolute extends life of Queensland gold mine by three years

Ravenswood mine is now expected to end operations in 2031, with an average production of about 115,000 ounces of gold per year.

July 11, 2018

Huge diamonds keep coming out of Lucapa’s Lulo mine in Angola

This time is a 114-carat white stone.

July 10, 2018

Australia’s Mineral Deposits recommends takeover offer as Eramet builds up stake

Mineral Deposits had rejected the revised A$345 million ($256.85 million) offer in June, saying it still undervalued the company.

July 10, 2018

Lithium becomes Chile’s No. 4 mining export

Shipments of the key ingredient for making batteries that power electric cars and high tech devices climbed 47% in 2017 to $684.2 million.

July 10, 2018

BHP secures iron mining rights in Australia’s Pilbara for another century

Western Australia's Environmental Protection Authority has green-lighted a 50 to 100-year blueprint for the miner's operations in the Pilbara.

July 9, 2018

BP is front-runner to buy BHP’s US shale unit

The London-based oil major has made the highest offer for the assets, which BHP prefers selling in a single package.

July 9, 2018

Canada’s Barrick, China’s Shandong Gold to deepen ties, look at acquisitions

Acquisitions in the metals mining sector have begun to pick up, with an increase in joint ventures between Western and Chinese mining firms.

July 9, 2018

Australia’s Yancoal halts Austar mine amid safety dispute

Yancoal said it will start standing down employees, and is aiming to redeploy most workers to other underground operations owned by the company.

July 9, 2018

Tiger Resources’ $260M Congo asset sale to Chinese firm collapses

Tiger expects to release a new Life of Mine Plan for the assets in 6-8 weeks.

July 9, 2018

Private equity firm to deploy $550 million into mining sector

Targeting close or ready for production.