Mining Bulletin

The full story: In-depth news and analysis

You are here

Mining Bulletins

The full story: In-depth news and analysis

Centerra Gold’s Mt Milligan acquisition bolsters FY17 gold expectations to a top-end 795,000oz and adds a valuable new copper stream. By MBM’s North American correspondent.

Rio Tinto is looking at significant growth in its global mined copper production in the coming year on top of improved performance across most of its commodity portfolio through 2016.

A slew of titanium/zircon prodn records in FY16 has Kenmare Resources eyeing more in 2017

Medusa Mining has cut its full-year production guidance by 20% and increased its costs forecasts by nearly 24% over mine shaft issues at its Co-O mine in the Philippines.

Boliden has committed to spend €44M to access new deeper resources and expand tailings facilities to extend the life of Europe's largest zinc mine, at Tara in Ireland.

New developments and strong performances from central operations have seen Hecla Mining lift FY16 silver production 48% and gold 24%

Last minute Romanian govt moves to have an ancient Transylvanian town world heritage-listed could finally end Gabriel Resources’ attempts to develop Europe’s biggest gold mine there.

Atlas Iron continues to achieve a remarkable turnaround in fortunes since its mid-2015 debt to equity restructure, with net cash positive status now in sight. John Feary reports

Central Asia Resources will hand over ownership of its Altyn Tas gold project to clear debt while it seeks new opportunities away from Kazakhstan.

MMG sets a deadline of January 31 to confirm its $US210M sale of the Golden Grove zinc-copper mine in Western Australia to EMR Capital.

AngloGold aims for higher reserves and increased plant capacity to arrest declining production at its Tropicana gold mine in Western Australia. John Feary reports

Perseus Mining shifts 1st Sissingue gold back 4-months, cuts resources and lowers Edikan production expectations. By Mark Mentiplay

New PFS flags 309,000oz from Kin Mining’s Western Australian gold project over an initial 6.5-year LoM, starting in mid-2018. By Mark Mentiplay

Voluntary administrator appointed to lead a capital restructuring and find the funding needed for operational reforms to get the best out of Kingsrose's challenging South Sumatran gold mine.

Matilda/Wiluna gold resources up to 6Moz confirms the need for a bigger plant beyond the current 200,000oz pa Wiluna operation in Western Australia. By Mark Mentiplay

The new expanded Kirkland Lake Gold is targeting up to 525,000oz gold in FY17, but with Canadian and Australian mines being put on C&M

Feasibility study outlines strong economic case for Dalradian Resources' highly mechanised underground gold mine at Curraghinalt in Northern Ireland.

Orinoco Gold is preparing a remedial pIan for its commissioning-troubled Cascavel Gold Mine on the recommendations of 2 advisers, underpinned by a $12M raising. By Mark Mentiplay

Kingsgate going ahead with Chatree mine closure despite national assembly vote to reverse Thailand's gold mining ban.

Vale gains operating licence to allow commercial operations in January after completing iron ore sector's largest development project.

Big South African-focused gold/platinum miner Sibanye launches $2.2B bid for the US’s only PGM miner Stillwater Mining

Iluka Resources has named senior executive Rob Hattingh to head its newly acquired Sierra Rutile operations following the resignation of long-time CEO-ED John Sisay.

Pan African claims against the Burkina Faso govt over a big manganese project could rise to over $4B

Engenium picks up prime project management role for the Maverick component of Brockman Mining’s flagship Marillana Iron Ore Project in WA’s Pilbara

Agnico Eagle to take 20% of G4G Capital, soon to be White Gold, as part of $18M G4G raising to advance its White Gold properties in Canada

Extract Group has warned it will seek damages for up to four years' loss of revenue after its mining services contract at Lucara Diamond's Karowe mine in Botswana was terminated four years ahead of schedule.

Australia’s Queensland state govt has cleared the way for a crucial rail/construction component of Australia’s biggest thermal coal project development

Shareholder pressure forces Dacian Gold to dump a $100M entitlement offer and cut a $50 institutional placement in half. By Mark Mentiplay

Ambitious West African phosphate developer Minbos Resources has outlined a new merger plan with its JV partner to take 100% ownership of the Cabinda project in Angola.

The challenges of being a foreign miner trying to develop a project under new Philippines president Rodrigo Duterte and his anti-mining environment minister Regina Lopez have seen Australian-based Red Mountain offload its Batangas gold project.

Pages

Mining Brokers