Take a free trial or Subscribe now

Advanced Search

Mining Bulletin

The full story: In-depth news and analysis

STANMORE LINKS WITH M RESOURCES TO RESTART MOTHBALLED PEABODY AUSTRALIAN COAL MINES

Australian miner Stanmore Coal seeks to take advantage of the many synergies and product blending opportunities with its existing operations after linking with M Resources to acquire the mothballed Millennium and Mavis Downs metallurgical coal mines in Australia’s Bowen Basin from Peabody Energy.

RIO TINTO AGREES FUNDING TERMS FOR OYU TOLGOI UNDERGROUND EXPANSION

Rio Tinto and its subsidiary Turquoise Hill Resources have reached a ‘constructive and equitable agreement’ to end their long dispute over the funding of the underground development of the Oyu Tolgoi copper-gold mine in Mongolia.

SYAMA MINE LIFE UPDATE BOOSTS RESOLUTE GOLD PRODUCTION AND COSTS FORECASTS

Australian-based gold producer Resolute Mining has upgraded life of mine production and costs performance at its Syama mine in Mali based on the success of its continuing exploration and mine design optimisation.

PANORAMIC SEES POSITIVE LOWER-RISK FUTURE FOR RESTARTED SAVANNAH NICKEL SULPHIDE MINE

West Australian miner Panoramic Resources is confident its recapitalisation, move to contractor mining/processing and recent developments will reduce the operating and financing risks that have previously dogged its long-life, high-grade Savannah nickel operation.

VALE PROMISES STRONG FUTURE FOR NEW CALEDONIAN NICKEL GIANT UNDER NEW OWNERS

The new owners of the giant Vale Nouvelle-Caledonia openpit nickel mining and processing complex see a significant future in servicing the growing demand for lithium-ion batteries for the global electric vehicles industry after completing the acquisition of the business from former owner Vale.

1Moz GOLD RESERVES PUT BARDOC ON TRACK TO BECOME SIGNIFICANT MID-TIER PRODUCER

A positive definitive feasibility study puts the Bardoc project on track to pour first gold in the December 2022 quarter, enabling West Australian explorer Bardoc Gold to make the transition to mid-tier producer and significant new gold sector player in the North Kalgoorlie region.

WONMUNNA DRIVES MINERAL RESOURCES TOWARDS ITS NEXT STAGE OF IRON ORE GROWTH

It’s taken West Australian company Mineral Resources just five months from breaking first ground to producing iron ore at its 100%-owned Wonmunna project, achieving the next step in the growth of its Utah Point Hub operations in the Pilbara region.

VITAL METALS SET FOR MINING START ON CANADIAN FIRST RARE EARTHS PRODUCER

Strong support from existing and new institutional investors has raised $A43M to allow Vital Metals to begin production at its Nechalacho rare earths project in Canada’s Northwest Territories in the June quarter.

PERPETUAL RESOURCES TARGETS 2021 FUNDING GO-AHEAD FOR NEW WA SILICA SANDS PROJECT

Australian silica sands project developer Perpetual Resources has underlined the potential of its Beharra project in WA’s Mid West to become the pre-eminent regional supplier of high-quality, low-impurity products to the growing Asia Pacific market.

TURQUOISE HILL CEO QUITS UNDER PRESSURE FROM RIO TINTO OVER OYU TOLGOI FUNDING DISPUTE

Turquoise Hill names ‘independent’ to pursue Oyu Tolgoi expansion funding negotiations with parent company Rio Tinto after chief executive Ulf Quellmann succumbs to pressure and resigns.

MOTHBALLED MINE BUILDS BASE FOR THOMSON RESOURCES’ INTEGRATED SILVER STRATEGY

The successful tender offer for the mothballed Texas project in SE Queensland is key to the plan by Australian explorer Thomson Resources to establish an integrated hub and spoke silver and gold operation straddling the New South Wales and Queensland border.

KIRKLAND LAKE BEATS COVID CHALLENGES WITH RECORD FY OUTPUT AND EARNINGS

Acquisition of the Detour Lake gold mine in Ontario has helped Canadian miner Kirkland Lake Gold to achieve record production, earnings and cash-flows amid the challenges of global pandemic.

FAST-ACTING RESERVES PROGRAM OPENS A DOOR TO RENEWED GROWTH FOR ANGLOGOLD

AngloGold Ashanti has established a ‘clear and credible path’ to extended, high-return growth with the identification of 6Moz in new ore reserves after the first 12 months of a multi-year investment program.

CHILEAN GIANT SQM GO-AHEAD ON INITIAL FUNDING FOR WA LITHIUM MINE-TO-REFINERY PROJECT

West Australian conglomerate Wesfarmers and Chile’s Sociedad Quimica y Minera have given their deferred final investment approval for ambitious vertically integrated lithium hydroxide development.

MALARTIC PARTNERS APPROVE THE START OF A NEW ODYSSEY FOR ICONIC CANADIAN GOLD MINE

The decades-long history of the Canadian Malartic gold mine begins its transition to a new era of underground operations with the go-ahead by JV partners Yamana Gold and Agnico Eagle Mines for the start of construction of the Odyssey mine.

ORION SEES BASE METALS MINING HOUSE OPPORTUNITY IN $18M S AFRICAN OPTION

Orion Minerals has outlined ambitions to restore the historic glory days of South Africa’s Okiep Copper Complex after signing a $16M option agreement that will transform it into a significant base metals mining house.

HERITAGE LEGISLATION CHANGES TO POSE UNKNOWN CHALLENGES FOR RIO TINTO IRON ORE

The fallout of its destruction of priceless heritage assets in Western Australia continues for Rio Tinto as it waits to see the potential impact of yet-to-be-revealed new state legislation on its mining, development and community relations.

PHILIPPINES GOVERNMENT TALKS RAISE HOPES OF REVIVING OCEANAGOLD’S SUSPENDED DIDIPIO MINE

International miner OceanaGold warns the timeline for a revival of its Didipio gold and copper mine in the Philippines remains uncertain despite a breakthrough in talks with government agencies on the renewal of its formal approval.

NEWCREST $146M EARLY WORKS APPROVAL EYES 3-YEAR PATH TO HAVIERON COMMERCIAL PRODUCTION

Newcrest Mining is advance on a potential 3-year path to commercial production at its 60%-owned Havieron gold-copper project in Western Australia’s highly prospective Paterson province after approving $A146M funding for early exploration works.

ALBEMARLE LEADS PUSH FOR US MINERALS SUPPLY SECURITY WITH $50M SILVER PEAK EXPANSION

Global specialty chemicals company Albemarle will take a lead in the US drive for security of supply of critical minerals with its planned $50M investment to double production from its Silver Peak lithium project in Nevada.
more

You are here

Home

Mining Brokers

START THE WEEK: COMMODITIES (April 16, 2021)

LME ($US), Apr 16 –
Aluminium 2,308.50
Copper 9,336.00
Zinc 2,853.50
Nickel 16,411.00
Lead 2,033.00
Tin 28,267.00
Cobalt 49,820.00
Gold 1,779.30
Silver 26.045

COMEX ($US), Apr 16 -
Gold 1,780.20
Silver 26.105
Copper 4.168
Platinum 1,208.70
Palladium 2,774.70

LBMA price data ($US), pm Apr 16 –
Gold 1,774.450
Silver 26.140
Platinum 1,199.000
Palladium 2,765.000

NYMEX ($US) 62% Fe CFR China, Apr 16 –
Iron ore 174.89

START THE WEEK: CALENDAR (April 19, 2021)

Companies -
Apr 20: Gascoyne Res 1/4, Perth (Australia)
Apr 21: Syrah Res Q1, Melbourne (Australia)
Apr 21: Pilbara Mins 1/4, Perth (Australia)

START THE WEEK: COMMODITIES (April 9, 2021)

LME ($US), Apr 9 –
Aluminium 2,250.00
Copper 8,993.00
Zinc 2,807.00
Nickel 16,629.00
Lead 1,958.00
Tin 28,060.00
Cobalt 49,840.00
Gold 1,744.20
Silver 25.250

COMEX ($US), Apr 9 -
Gold 1,744.80
Silver 25.325
Copper 4.04
Platinum 1,209.30
Palladium 2,636.00

LBMA price data ($US), pm Apr 9 –
Gold 1,741.200
Silver 25.225
Platinum 1,203.000
Palladium 2,644.000

NYMEX ($US) 62% Fe CFR China, Apr 9 –
Iron ore 170.32

START THE WEEK: CALENDAR (Apr 12, 2021)

Public holidays -
Apr 12: Bolivia (Children’s Day)
Apr 13: Observing Countries (Ramadan Begins)
Apr 13: Mauritius (Ougadi)
Apr 13-15: Thailand (Songkran)
Apr 14: Sri Lanka (Sinhala & Tamil New Year)
Apr 14: India (Ambedkar Jayanti)
Apr 14: Bangladesh, Cambodia, Laos, Nepal (New Year)
Apr 15: North Korea (Kim Il Sung Birth Date)
Apr 17: Gabon (Women’s Rights Day)
Apr 17: Syria (Independence Day)

DATADIGGING: TRACKING THE GLOBAL RESOURCES SECTOR IMPACT OF COVID-19 (Apr 11, 2021)

Keep track of how the global COVID-19 coronavirus pandemic is impacting the resource sector around the world.
(Note: Some articles will be accessible only by full subscribers.)

START THE WEEK: COMMODITIES (Apr 1, 2021)

LME ($US), Apr 1 –
Aluminium 2,212.50
Copper 8,768.00
Zinc 2,765.50
Nickel 16,001.00
Lead 1,942.50
Tin 27,369.00
Cobalt 50,105.00
Gold 1,727.50
Silver 24.900

COMEX ($US), Apr 1 -
Gold 1,728.40
Silver 24.948
Copper 3.9905
Platinum 1,208.60
Palladium 2,655.80

LBMA price data ($US), pm Apr 1 –
Gold 1,726.050
Silver 24.315
Platinum 1,199.000
Palladium 2,640.000

NYMEX ($US) 62% Fe CFR China, Apr 1 –
Iron ore 163.68

START THE WEEK: CALENDAR (Apr 5, 2021)

Public holidays -
Apr 5: Observing Countries (Easter Monday)
Apr 5: South Africa (Family Day)
Apr 6: Burundi (President Ntaryamira Day)
Apr 6: Thailand (Chakri Day)
Apr 7: Armenia (Motherhood and Beauty Day)
Apr 7: Kyrgyzstan (April People’s Revolution Day)
Apr 7: Mongolia (Health Day)
Apr 7: Mozambique (Woman’s Day)
Apr 7: Rwanda (Tutsi Genocide Memorial Day)
Apr 7: Turkmenistan (World Health Day)
Apr 7: Tanzania (Karume Day)
Apr 9: Georgia (Independence Restoration Day)
Apr 9: Liberia (Fast and Prayer Day)

START THE WEEK: COMMODITIES (Mar 26, 2021)

LME ($US), Mar 26 –
Aluminium 2,260.50
Copper 8,929.00
Zinc 2,808.00
Nickel 16,255.00
Lead 1,938.50
Tin 28,775.00
Cobalt 51,870.00
Gold 1,731.50
Silver 24.935

COMEX ($US), Mar 26 -
Gold 1,734.70
Silver 25.114
Copper 4.068
Platinum 1,181.7
Palladium 2,676.10

LBMA price data ($US), pm Mar 26 –
Gold 1,731.800
Silver 25.055
Platinum 1,161.000
Palladium 2,638.000

NYMEX ($US) 62% Fe CFR China, Mar 26 –
Iron ore 166.89

START THE WEEK: CALENDAR (Mar 29, 2021)

Public holidays -
Mar 29: Central African Republic (Commemoration of Boganda)
Mar 29: India Regions (Holi)
Mar 29: Iran (Imam Mahdi’s Birthday)
Mar 29: Madagascar (Martyrs’ Day)
Mar 29: Taiwan (Youth Day)
Mar 31: Malta (Freedom Day)
Apr 1: Cyprus (National Holiday)
Apr 2: Argentine (Day of the Veterans)
Apr 2: Belarus (Unity Day with Russia)
Apr 2-5: Observing Countries (Easter)
Apr 3-4: China (Qing Ming Jie)
Apr 4: Angola (Peace Day)

DATADIGGING: TRACKING THE GLOBAL RESOURCES SECTOR IMPACT OF COVID-19 (Mar 28, 2021)

Keep track of how the global COVID-19 coronavirus pandemic is impacting the resource sector around the world.
(Note: Some articles will be accessible only by full subscribers.)

Pages

more

Mining Billboard

Insights and analysis from leading industry commentators

COVID-DRIVEN FREIGHT ISSUES POSE RISK OF GROWING AUSTRALIAN IRON ORE STOCKPILES

Falling road transport capacity because of border closures and fears about weak health precautions by bulk shipping operators could threaten the hitherto outstanding success of Western Australia’s iron ore mining sector in protecting their workers and the national economy from the worst effects of COVID-19.

SAMARCO COURT BID AIMS TO PROTECT MINE RESTART AND COMPENSATION FOR DAM DISASTER

(CORPORATE) Samarco mine joint owners Vale and BHP say a bid for bankruptcy protection against its debtors owed up to $US5B poses no threat to their obligations for compensation and reparation programs resulting from the 2015 collapse of the Fundão tailings dam.

AUSTRALIAN TEAM LEADS RECOVERY PUSH FOR TERRACOM’S STRUGGLING S AFRICAN MINES

(CORPORATE) Australian-based management of coal producer TerraCom has taken operational management control of its South African mines in an attempt to overcome the financial and operational performance issues that dragged it to a heavy interim loss.

RESOURCE COMPANIES PUSH FOR A KEY ROLE IN EMERGING RENEWABLE HYDROGEN OPERATIONS

(DEVELOPMENT) Miners line up for a chance to capture a significant share of the rapidly growing global demand for low-emissions renewable hydrogen to power plant and vehicles, replace fossil fuels to reduce carbon emissions and potentially take over power supply in remote areas.

GREENLAND MINERALS MAY BE READY FOR A NO-URANIUM DEAL TO WIN PROJECT SUPPORT

(REGULATION) Australian-based developer Greenland Minerals faces the need to overcome the strong opposition of the majority party in Greenland’s new coalition government to be able to proceed with development of its world-class Kvanefjeld rare earths and uranium project.

FOREIGN INVESTMENT CLAMP PROTECTS CANADA'S CRITICAL MINERALS SECURITY

(INVESTMENT) Canadian mining companies seeking foreign investment to help grow their post-COVID recovery learn their deals will face increased scrutiny to protect national security.
more

Mining Brokers

START THE WEEK: COMMODITIES (April 16, 2021)

    START THE WEEK: CALENDAR (April 19, 2021)

      START THE WEEK: COMMODITIES (April 9, 2021)

        START THE WEEK: CALENDAR (Apr 12, 2021)

          DATADIGGING: TRACKING THE GLOBAL RESOURCES SECTOR IMPACT OF COVID-19 (Apr 11, 2021)

            more