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Mining Bulletins

The full story: In-depth news and analysis

Australian treasurer backs BHP Billiton desire to keep its dual ASX/LSX listings in the face of US shareholder push

Production dictated Q1 17 sees Sibanye’s gold division operating profit more than halved to $73.2, but platinum more than doubled to $18.2M.

Global gold major Kinross Gold posts $134.6M Q1 17 profit turnaround from previous loss, despite gold equivalent prodn fall. By MBM’s North American correspondent

Millennium Minerals has outlined the 'game-changer' potential to process an 850,000oz fresh ore resource alongside the current oxide ore at its Nullagine gold mine in Western Australia. And there's more potential at depth.

Moreton Resources has published a re-start strategy that points to over 1Mozpa silver production over an initial eight years at its Granite Belt silver mine in Queensland, Australia, which incorporates the mothballed Twin Hills mine.

An increased mining rate has Hillgrove Resources’ S Australian copper-gold-silver operations set for better rest-of-year after Q1 17 prodn falls

A deal to purchase raw coal from a neighbouring operation will enable Aspire Mining to de-risk the development of its Nuurstei hard coking coal project in Mongolia.

Acacia Coal expects a 12-month wait for the last South African regulatory approval after a positive PFS on its Riversdale Anthracite Colliery project.

Last year’s pit wall collapse at Troy Resources’ Guyana gold project continues to hurt Q3 17 production and costs

Norilsk Nickel outlines new court action against Botswana government minister claiming $277M damages over aborted sale of African nickel businesses.

A Q1 17 $6M profit from loss turnaround for Detour Gold flags more in the 2nd half of 2017

A near doubling of Q3 17 prodn from Blackham’s weather affected new gold mine has failed to offset a cut in FY17 production expectations as the ramp up continues

Increased sales, lower costs turn Coeur Mining’s Q4 16 loss into a Q1 17 $18.3M profit.

South32 has lowered production guidance for the next 15 months at its South Africa Energy Coal business after heavy March quarter rains that cut production and slowed pit development.

BHP Billiton has slashed its forecast copper production by 17% largely due to the 44-day strike at the world's largest copper mine, Escondida in northern Chile.

A better average gold price offsets lower FY/CY16 production to return Petropavlovsk to profit

Barrick Gold is facing at least two months of disruption to heap leach operations at its Veladero gold mine in Argentina following a cyanide solution spill in late March.

Increased gold-copper production and sales have failed to head off Newmont Mining's Q1 17 net income slump to $1.66B

Patagonia Gold and Pan American Silver do $30M+ worth of Argentine gold-silver asset swap deals

Saracen has announced a $0.5M cash sweetener for its agreed acquisition of Bligh Resources' Bundarra gold project in a bid to head off the opposition from substantial shareholder Zeta Resources. John Feary reports

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

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