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Mining Bulletins

The full story: In-depth news and analysis

Big silver-gold production jumps fuel Hecla Mining’s FY/CY16 $70M profit from 2015’s $87M loss

Avesoro expecting top-end 100,000oz gold as New Liberty ramps up, despite Q1 17 prodn fall to 14,900oz

A March quarter production hiccup caused by heavy rains at its two West Australian mines shouldn't stop Saracen Mineral Holdings meeting its 300,000ozpa production target rate in the next three months.

Goldcorp has completed the sale of its Los Filos Gold Mine in Mexico to Leagold for $279M cash and a 23% stake in the company

Barrick Gold facing suspension of its Argentina operations if it doesn’t clean up environmental/operating operations at its Veladera Gold Mine

The expanding Palmarejo silver and gold mine in northern Mexico has enabled Coeur Mining to maintain its improved production forecast for FY2017.

Barrick Gold has used the $960M sale of half its producing Veladero Gold Mine to China’s Shandong Gold to flag a strategic tie-up between the 2. By MBM’s North American correspondent

A feasibility study has confirmed the high-grade Monty copper-gold project as a major satellite contributor to Sandfire Resources' DeGrussa mine in the Doolgunna Region of Western Australia. John Feary reports

Australian coal exports have been hit by cyclone induced infrastructure outages that has already forced a number of force majeure declarations.

PFS FLAGS 71Moz AuEq over 8-years starting in H1 FY/CY17 from Golden Arrow/Silver Standard’s Chinchillas LZS proj in Argentina

Wishbone Gold is seeking an assured supply of gold mine production from Honduras at preferential prices as part of a deal to help the Central American country's small mining sector to grow.

The collapse of a $10M loan agreement has forced the termination of the planned merger of Australian-based explorers GBM Resources and WCB Resources.

China Gold is expecting a better 2017 after a FY16 11% earnings slide on gold production down 9% and increased costs

Aus Tin has more work ahead of it to overcome an issue with fine material recovery that is impacting production levels at its Granville tin project on the west coast of Tasmania.

Western Areas aims to consolidate its position as a leading Australian nickel producer with preparations starting for a DFS on the Odysseus project at the Cosmos Nickel Project. John Feary reports

$320M in cash acquisitions and $247M in shares sees Goldcorp secure greater Cerro Casale-Caspiche gold-copper-silver project in Chile. By MBM’s North American correspondent

US court backs World Bank orders against Venezuela for $1B+ to Canadian company Crystallex over expropriation of major gold project

After knocking back a $1.1B take-over bid, big US diamond miner Dominion Diamond Corp is now launching a formal sales process

Western Australia's Gwalia gold mine will begin a new phase of its 120-year life with the approval by St Barbara of the $100M extension project that will allow it to go deeper.

Rockwell Diamonds has vowed to fight back over a dispute with mining contractor C-Rock that has led to the issue of a provisional liquidation order against three subsidiaries of the South African alluvial diamond producer.

Acacia Mining is suffering revenue losses averaging over $1M a day as it looks for a way out of the Tanzanian government's sudden ban on exports of copper-gold concentrate from two of its three mines in the country.

Striking Escondida copper workers opt for existing contract extension and more talks to allow return to work

Increased reserves, a new tailings operation and lower costs underpin a 39% increase in 2017-2023 gold prodn to half a million oz from Shanta Gold’s Tanzanian operaton

Sheffield aims for 2019 first production after bankable feasibility study confirms Thunderbird project near Derby in Western Australia as a world-class mineral sands project.

Detour Gold’s road to profit paved with FY16 loss cut, lower costs and increased gold production to 537,765oz

New Detour Lake Gold Project plan flags production up 800,000oz to 15.3Moz and longer LoM, but with costs well up

Record gold-silver sales and revenues sees streamer Silver Wheaton post FY16 loss-to-$195M profit turnaround

Polymetal says it will retain its right to earn 50% of the massive Nezhdaninskoye gold project in Russia despite the decision of majority holder Polyus Gold to sell its majority interest.

Nord Gold moves to 55% of the $582M, 2.57Moz Montagne d’Or Gold Project in French Guiana as Columbus Gold talks funding with a range of providers. By MBM’s North American correspondent

$7.5M to get Penny’s Find Gold Mine in W Australia into production with mining to start by the end of the month

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