Take a free trial or Subscribe now

Advanced Search

Mining Bulletin

The full story: In-depth news and analysis

SANDFIRE RESOURCES AGREES AMBITIOUS DEAL TO ACQUIRE SPANISH COPPER COMPLEX

Sandfire Resources is targeting a quick transformation into one of Australia’s largest copper focused producers and a leading diversified global base metals producer with an ambitious $1.85B deal to acquire the large MATSA mining complex in Spain.

HIGH-FLYER FINLAYSON KEY TO GENESIS MINERALS' FUNDING, EXECUTIVE RESTRUCTURE

One of the Australian mining sector’s highest flyers, Raleigh Finlayson, has put his experience and expertise plus $7M funding behind a funding and restructuring plan aimed at building Genesis Minerals into a mid-tier gold company. John Feary reports

NICKEL MINER DOWNPLAYS FEARS OF INDONESIA IMPOSING NEW TAX ON LOW-GRADE EXPORTS

Australian-based nickel miner and processor Nickel Mines dismisses Indonesian minister’s claims of potential export tax on low-grade nickel pig iron and ferronickel exports.

FALLING PRICES AND RISING DISCOUNTS HALT VENTURE MINE AFTER FIRST SHIPMENT

New producer Venture Minerals suspends its Riley iron ore mine in Australia after just one export shipment due to the plunge in global iron ore prices.

GRAPHITE SPECIALIST TIRUPATI IN $12.5M DEAL TO BUY MOZAMBIQUE PROJECTS

UK-based integrated graphite value chain producer Tirupati will double the size of its portfolio in Mozambique with $12.5M agreement to acquire the Montepuez and Balama Central graphite flake projects from current owner Battery Minerals.

NEW CORONADO CURRAGH MINE TERM WORTH $1B-PLUS TO GOLDING CONTRACTORS

International coal miner Coronado Global Resources has signed a letter of intent with Golding Contractors for a five-year amendment of its mining services contract, with an anticipated value of up to $A1.4B at its Curragh mine in Queensland, Australia.

SCONI DEVELOPER AUSTRALIAN MINES SIGNS ‘MILESTONE’ OFFTAKE WITH BATTERY MAKER LGES

Australian Mines is aiming for June 2022 to finalise a funding agreement for its proposed $US1.5B development of the world-class Sconi mine in northern Queensland after signing a memorandum of understanding with world-leading EV batteries manufacturer LG Energy Solution covering 100% of its battery-grade nickel and cobalt.

NEWCREST GREENLIGHTS $246M TELFER MINE LIFE EXTENSION PROJECT TO AID HAVIERON TRANSITION

Newcrest Mining aims to smooth the transition to the Havieron mine, the first of its prospective developments in Western Australia’s Paterson province, with approval of an additional $246M mine cutback to maintain the continuity of operations at its Telfer plant.

LOCAL CONTRACTORS MAY GAIN FROM COVID COSTS REVIEW OF MOUNT PEAKE PROJECT

Commercial and logistical challenges caused by the global COVID-19 pandemic force a rethink by Australian project developer TNG and its proposed German EPC contractor SMS Group on the development strategy for the Mount Peake project in the NT.

DIGGERS HIGHLIGHT ‘CLEANER PLANET’ OPPORTUNITIES IN SWING TO BATTERY METALS

Miner credits the COVID-19 “pause button” for allowing the world to recognise the need to deliver cleaner solutions for future generations. John Feary reports

TVI DEAL WITH RED 5 SEIZES NEW OPPORTUNITY IN A LESS HOSTILE PHILIPPINES ENVIRONMENT

Philippines miner TVI Resource Development is moving to take advantage of a perceived easing of the Duterte regime’s opposition to the mining sector with its $54M agreement to acquire the Siana gold mine shut down because of government intransigence over four years ago.

RIO TINTO COMMITS $2.4B TO JADAR PROJECT AS GLOBAL BATTERY MINERAL SUPPLIER

Seventeen years after its geologists made the first discovery of the unique mineral jadarite in western Serbia, Rio Tinto has committed to invest $2.4B on becoming a top 10 global supplier of lithium carbonate to the booming EV and energy storage industries.

RIO TINTO FORCE MAJEURE AS SECURITY BREACHES HALT SOUTH AFRICAN MINERAL SANDS MINE

South Africa’s largest mineral sands producer is halted for the second time in less than two years because of rising levels of violent opposition from local community groups.

$1.7B VALE EXPANSION PROJECT DELIVERS FIRST UNDERGROUND ORE AT GIANT VOISEY’S BAY MINE

Delivery of the first production ore from the Reid Brook mine marks a milestone in the transition of the Voisey’s Bay mine on the northern Labrador coast in Canada for global miner Vale from openpit to underground mining.

THIRD PRODUCTION SETBACK FOR ST BARBARA AS SIMBERI FATALITY INVESTIGATIONS CONTINUE

Australian-based St Barbara has withdrawn full year production guidance at its Simberi mine in PNG as investigations into the death of an employee and an unrelated pipeline failure result in an indefinite suspension of mining.

CHAARAT WARNS CENTERRA DISPUTE FALLOUT MAY SLOW KYRGYZ PROJECT

Chaarat Gold Holdings delays first production forecast for its Tulkubash mine project may be delayed up to 12 months due to financial sector uncertainty stemming from the Kyrgyz Republic government seizure of control at Centerra Gold’s Kumtor mine.

ILUKA RESOURCES SETS SUSPENSION DEADLINE FOR STRUGGLING SIERRA RUTILE BUSINESS

Mineral sands miner Iluka Resources faces a diminishing range of options to overcome acute business challenges and avert a premature shutdown of its Sierra Rutile operations in Sierra Leone

GROWING SKILLED LABOUR SHORTAGES PUSH ST BARBARA TO CUT GWALIA GUIDANCE

The hoped-for transition to new underground contractor Macmahon to rebuild operational performance at St Barbara’s Gwalia mine has made a slower than expected start due in part to difficulties in finding staff for critical roles and experienced operators amid a growing skill shortage in Western Australia.

RESOURCE UPDATE HIGHLIGHTS CALIBRE OF RIO TINTO-ANTIPA PATERSON PROJECT

The hugely prospective Paterson Province in Western Australia’s East Pilbara is building more excitement with a 62% increase in inferred resources to 2.7Moz gold equivalent at the Rio Tinto-Antipa Minerals Calibre project.

AUSTRALIAN MINER ORION WINS COURT ORDER AGAINST SOUTH AFRICAN VIOLENCE

South Africa’s Minerals Council has backed Australian-based developer Orion Minerals in its stand against violent illegal protests aimed at its flagship Prieska copper-zinc development project in the Northern Cape Province.
more

You are here

Home

Mining Brokers

START THE WEEK: COMMODITIES (Sep 24, 2021)

LME ($US) 3-month closing prices, Sep 24 –
Copper 9,355.00
Aluminium 2,926.85
Zinc 3,112.00
Nickel 19,205.00
Lead 2,166.50
Tin 36,715.00

LME ($US) precious spot closing prices, Sep 24 –
Gold 1,751.40
Silver 22.42

NASDAQ ($US) closing prices, Sep 24 –
Gold 1,751.70
Silver 22.425
Copper 4.2855
Platinum 976.30
Palladium 1,951.10

NYMEX ($US) 62% Fe CFR China, market close Sep 24 –
Iron ore 120.10

START THE WEEK: CALENDAR (Sep 27, 2021)

Public holidays -
Sep 27: Congo-Kinshasa (World Tourism Day)
Sep 27: Eritrea, Ethiopia (Meskel)
Sep 27: Senegal (Day Off for Grand Magal de Touba)
Sep 27: Turkmenistan (Independence Day)
Sep 28: Czechia (St Wenceslas Day)
Sep 28: Iran (Arbaeen)
Sep 29: Paraguay (Boqueron Battle Victory Day)
Sep 30: Botswana (Botswana Day)
Sep 30: Canada (National Day for Truth and Reconciliation)
Oct 1: Botswana (Public Holiday)
Oct 1: China (National Day)
Oct 1: Cyprus (Cyprus Independence Day)
Oct 1: Nigeria (National Day)

START THE WEEK: COMMODITIES (Sep 17, 2021)

LME ($US) 3-month closing prices, Sep 17 –
Copper 9,267.00
Aluminium 2,886.15
Zinc 3,066.50
Nickel 19,355.00
Lead 2,187.50
Tin 34,240.00

LME ($US) spot closing prices, Sep 17 –
Gold 1,751.20
Silver 22.41

NASDAQ ($US) closing prices, Sep 17 –
Gold 1,751.40
Silver 22.337
Copper 4.246
Platinum 930.60
Palladium 1,983.80

NYMEX ($US) 62% Fe CFR China, market close Sep 17 –
Iron ore 123.00

START THE WEEK: CALENDAR (Sep 20, 2021)

Public holidays -
Sep 20: Bangladesh (Madhu Purnima)
Sep 20: Japan (Respect for the Aged Day)
Sep 20-21: China (Mid-Autumn Festival Holiday)
Sep 21: Armenia (Independence Day)
Sep 21: Ghana (Kwame Nkrumah Memorial Day)
Sep 21: North Korea (Chuseok Harvest Festival)
Sep 22: Bulgaria (Independence Day)
Sep 22: Mali (Independence Day)
Sep 23: Japan (Autumn Equinox)
Sep 23: Saudi Arabia (National Day)
Sep 24: Cambodia (Constitution Day)
Sep 24: Dominican Republic (Our Lady of Las Mercedes)

DATADIGGING: TRACKING COVID-19’S IMPACT ON THE GLOBAL RESOURCES SECTOR (September 19, 2021)

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

START THE WEEK: COMMODITIES (September 10, 2021)

LME ($US) 3-month closing prices, Sep 10 –
Aluminium 2,924.00
Copper 9,694.50
Zinc 3,119.00
Nickel 20,392.00
Lead 2,318.00
Tin 33,583.00

LME ($US) closing prices, Sep 10 –
Gold 1,791.00
Silver 23.86

COMEX ($US), Sep 10 -
Gold 1,792.10
Silver 23.90
Copper 4.452
Platinum 956.50
Palladium 2,126.30

LBMA price data ($US), pm Sep 10 –
Gold 1,794.600
Silver 24.025
Platinum 997.000 (Sep 8)
Palladium 2,347.000

START THE WEEK: CALENDAR (September 13, 2021)

Conferences -
Sep 13-15: MINExpo International, Las Vegas (USA)

DATADIGGING: TRACKING COVID-19’S IMPACT ON THE GLOBAL RESOURCES SECTOR (September 12, 2021)

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

START THE WEEK: COMMODITIES (Sep 3, 2021)

LME ($US), Sep 3 –
Aluminium 2,696.00
Copper 9,361.00
Zinc 2,984.50
Nickel 19,494.00
Lead 2,383.00
Tin 33,540.00
Cobalt 50,500.00
Gold 1,831.30
Silver 24.710

COMEX ($US), Sep 3 -
Gold 1,833.70
Silver 24.802
Copper 4.334

LBMA price data ($US), pm Sep 3 –
Gold 1,823.700
Silver 24.055
Platinum 1,006.000
Palladium 2,407.000

NYMEX ($US) 62% Fe CFR China, market close Sep 3 –
Iron ore 144.83

START THE WEEK: CALENDAR (Sep 6, 2021)

Conferences -
New World Metals Conference, Perth (Australia)

Pages

more

Mining Billboard

Insights and analysis from leading industry commentators

INTERNATIONAL PRESSURE TO MAKE COAL ‘HISTORY’ GROWS AHEAD OF UN CLIMATE CONFERENCE

More countries sign up to growing international campaign to halt the development of new coal-fired power plants and the phase out of existing installations in readiness for the COP26 United Nations Climate Change Conference in Glasgow in October-November.

FORTESCUE PROMOTES COLLABORATIVE ROLE FOR NATIVE TITLE GROUPS IN MINE DEVELOPMENTS

(ENVIRONMENTAL, SOCIAL, GOVERNANCE) Australian mining entrepreneur and philanthropist Andrew Forrest promises a new shared direction for iron ore major Fortescue Mining Group’s operations and future developments in the WA Pilbara region with the establish of a “culturally safe” management framework.

WORLD GOLD LEADERS COMMIT TO STRONGER CLIMATE CHANGE REPORTING

(ENVIRONMENTAL) The pressure by global investors for a clear understanding of how their investments are being made climate-resilient in the face of climate challenges have prompted the 33 leading global gold miners who make up membership of the World Gold Council to commit themselves to the next stage of embedding climate change into their governance, strategy and risk management.

GUINEAN MILITARY LEADERS PROMISE A SYMPATHETIC HEARING TO MINERS AFTER COUP

(REGULATION) The international mining sector have reacted with cautious optimism to the assurances of support for their continued investment and operations from the military leaders of the Guinean coup that toppled strongman President Alpha Condé.

NEW AGE ROBOTS HELP BRAZILIAN MINER VALE KEEP EMPLOYEES OUT OF HARM’S WAY

(SAFETY) Robots with wheels and robots with legs take Vale’s campaign for improved safety and efficiency in its Brazilian mines to new levels

RIO TINTO TO LEAD AUSTRALIAN MINING’S COVID-19 FIGHT WITH POP-UP VAX CLINICS

(HEALTH & SAFETY) “Pop-up” vaccination hubs at major airports run by mining companies and catering initially for Australia’s fly in, fly out workforce, quickly expanding to on-the-ground centres treating residents and remote community members within the mining regions, are the next phase in the mining sector’s fight to keep COVID out of minesites.
more

Mining Brokers

START THE WEEK: COMMODITIES (Sep 24, 2021)

    START THE WEEK: CALENDAR (Sep 27, 2021)

      START THE WEEK: COMMODITIES (Sep 17, 2021)

        START THE WEEK: CALENDAR (Sep 20, 2021)

          DATADIGGING: TRACKING COVID-19’S IMPACT ON THE GLOBAL RESOURCES SECTOR (September 19, 2021)

            more