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Mining Bulletins

The full story: In-depth news and analysis

With its N American, African and Australian gold operations reaching their full potential to increase YTD 2017 production, Newcrest Mining has gone from a loss to a $429M profit

Despite lifting copper and nickel production, First Quantum Minerals has turned a previous $210M profit to a $201M loss in the Sept 2017 9-months

Despite deadly wildfires cutting Q3 17 Gibraltar operations, Taseko Mines has emerged from the red to a $42M profit

Lower gold production, higher costs, Tanzania’s export ban and cutting $6.4B in debts have sent Barrick Gold into the red in Q3 17.

Goldcorp maintains FY/CY 17 2.5Moz gold production, despite lower Q3 17 production, increased costs and a profit down $24M.

With its new Rainy River project limbering up in the wings and an improved YTD-17 profit, New Gold has lifted FY/CY 17 expections to around 430,000oz at lower costs. By MBM’s North American correspondent

Big gold-copper miner Newcrest Mining sticks to FY 18 top end 2.7Moz gold prodn, despite Q1 18 gold fall, underpinned by a record recovering Cadia

A big jump in Sept 2017 9-months gold production and a copper fall has seen global miner Freeport-McMoRan turn the previous year’s loss into a $776M profit

PFS sees Nouveau Monde becoming a reliable long-term supplier of quality flake graphite from its $207M Quebec project

The latest 9-months sees Antofagasta lift FY/CY 18 copper expectations at lower costs

1st qtr of Nova nickel commercial production the main contributor to a loss to Q1 18 $4.7M profit turnaround, with more to come. By Mark Mentiplay

Diamonds and iron ore lead Anglo American in the production run to the end of FY/CY 2017 as thermal coal/nickel falter

Silver Lake Resources is maintaining FY 18 gold sales of up to 145,000oz, despite a fall in Q1 18 production and higher costs

A potential settlement of Acacia Mining's damaging dispute with the Tanzanian government has been reached in talks between president John Magufuli and John Thornton, executive chairman of 63.9% Acacia shareholder Barrick Gold.

A slew of records has seen Vale lift Q3 17 production levels for just about all its commodities, but with a drop in high silica content iron ore bringing down FY17 iron ore predictions

Lower mill grades cost Shanta Gold’s Q3 17 and FY 17 gold-silver production

Northern Star Resources plans to spend $65M on production capacity upgrades at its Jundee and Kalgoorlie operations in Western Australia, aiming to boost each to annual output over 300,000oz. John Feary reports

FS sees 421,241oz gold/210,815oz silver over initial 9.5years from its Miraflores underground project in Colombia

Olympic Dam expansion project and smelter maintenance work underpins BHP ambitions for higher copper production. By John Feary

Hochschild set to exceed FY/CY17 expectations after more records fall in Q3 and YTD 17

Jaguar Mining has cut its FY2017 gold expectations in the wake of what appeared be an improved Q3 17 with increased overall production and higher grades.

Impala Platinum has launched an up to $196M bid for a potential 50.01% stake into the big PFS-stage Waterburg PGE project in South Africa

New FS flags 291,000oz pa over initial 15-years gold production from Falco Resources’ $1.25B Horne-5 project, with construction beginning in 2019. By MBM’s North American correspondent

While its Pilbara iron ore operations go from strength to strength, the delayed commissioning of a major extension project at the Escondida project in Chile due to industrial action early this year has forced an 8% cut in Rio Tinto's full year copper production forecast.

TMAC Resources is nicely on track for a top-end 60,000oz in FY/CY2017 as Hope Bay steps up while further refining its underground options

Queensland Mining Corp accepts a $53M Moly Mines offer for its White Range copper-gold-cobalt project after failing in a two-year search for a development partner.

New Century Resources reaches conditional agreement on $45M debt facility to fund the recommissioning of Australia's giant Century zinc mine. MBM Correspondent reports

The good news is that after emerging from administration and lifting Q1 18 Indonesian gold production 74%, Aussie miner Kingsrose is shutting down its satellite mine. By Mark Mentiplay

Syrah Resources has completed the $110M equity raising as it works to complete the delayed commissioning of its Balama graphite project in Mozambique

Metalicity says its two-stage prefeasibility study approach has pointed the way to significant capital and operating cost savings at Admiral Bay, the world's fourth largest undeveloped zinc deposit. John Feary reports


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