Mining Bulletin

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Mining Bulletins

The full story: In-depth news and analysis

Shanta Gold’s move underground and subsequent ramp up is expected to cut Q2 17 gold prodn after Q1 17 rise

Shandong has cited new Chinese capital/acquisition rules as the primary reason for its talks with Barrick Gold for a major stake in the big Super Pit gold mine in Western Australia ending without a deal

1st part-year prodn from Roxgold’s Burkina Faso gold mine has already generated $98M revenue for a FY/CY16 $2.51M loss

Newcrest Mining has yet to assess the impact on production as it continues checking for damage and rehabilitation before it can resume underground mining after its Cadia East mine was halted by an earthquake.

Q1 17 gold-copper-silver production falls as Anglo Asian brings on its new Azerbaijan gold deposit

Several investigations are underway after an initial report identifies millions of dollars of alleged fraudulent transfers.

South32 has dumped its proposed $200M acquisition of Peabody Energy metallurgical coal assets in New South Wales rather than accede to Australian watchdog conditions it said would compromise the value of the deal.

Red 5 has halted all openpit mining and underground development at its Siana gold mine immediately because of the anti-mining policies of Philippines president Rodrigo Duterte and environment secretary Regina Lopez.

Higher seaborne freight rates and widening price discounts for lower-quality production are adding to the burdens for Australia's junior iron ore producers. John Feary reports

Updated PEA lifts Lamaque gold production 156% on a resource upgrade that’s more than doubled the estimated initial LoM to 10+ years

Arizona Mining moves to FS after PEA lifts resources for its near $1B Taylor zinc-lead-silver US project, By MBM’s North American correspondent

Ramelius Resources has had another bad production qtr, with Q3 17 following the previous qtr lower to 28,083oz.

Coal miners in the N Australia region ravaged by a cylone are chasing rail transport space as the network struggles to get back into operation

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

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