December 6, 2017 This is the breakthrough company of Mines & Money 2017 Forget gold, the crazy cobalt price or lithium frenzy; this junior mining company is upending the sapphire (yes sapphire) market.
December 6, 2017 Superior Gold kicks off mining at Hermes open pit project in Western Australia The Hermes development project is located about 65 km southwest of the company's 100%-owned Plutonic Gold Mine in Western Australia.
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.
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am