December 6, 2017 Newmont raises output target for 2018, lowers expected costs The world’s No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.
December 5, 2017 Indonesia to grab Rio Tinto stake in Grasberg mine After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40%…
December 4, 2017 Rio Tinto aims for “intelligent” Australian iron ore mine This intelligent mine would cost around $2.2 billion to develop and incorporate technologies such as robotics, driverless trains and trucks on a single site.
December 4, 2017 Rio Tinto appoints one of its own as the company’s new chairman After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.
December 3, 2017 Who will fund Adani’s Carmichael coal mine? Not China The shovels are in the ground at the Carmichael coal mine in Queensland but the bankers have yet to open their wallets.
December 1, 2017 Barrick Gold just bought more than $9 million worth of shares in this junior The non-brokered private placement gives Barrick about 15% of Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects in South America’s North Atlantic coast.
December 1, 2017 Australia’s NSW to ban open-pit mining in South Drayton area The New South Wales Government decided there would be no open-pit mining at the site formerly known as Drayton South, but it paved the way for an underground mine instead.
November 30, 2017 Two women to lead Australian iron ore mining company As soon as the new year kicks off, Fortescue Metals Group will be led by new CEO Elizabeth Gaines and her right hand Julie Shuttleworth.
November 29, 2017 Gold production will grow in coming years: BMI The business intelligence firm says output will pick up, supported by higher gold prices and solid projects in key countries.
November 29, 2017 PotashCorp CEO confirms Chinese interested in lithium producer SQM Chinese firms have shown “broad interest” in buying PotashCorp’s stake in the Chilean lithium producer SQM, according to chief executive Jochen Tilk, who declined to name interested parties or the…
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
