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New Burkina Faso and Namibia acquisitions boost FY18 zinc output, but with lead-silver down
Mandalay Resources is eyeing up to 162,000oz AuEq in 2021 after issues at both its gold mines slashed FY18 prodn to 81,570oz AuEq from 131,190oz
The recent Klondex acquisition has helped Hecla to record FY18 gold production, countering strike-riven San Sebastian, albeit with silver down 17%
Record FY18 gold prodn of 505,000oz, has Alamos Gold on track for 600,000oz+ pa in 2021, with lower costs flagging strong free cash flow starting mid-2020
Newmont has launched a $10B share takeover bid for fellow gold major Goldcorp to create the world’s biggest producer with annual output up to $7Moz
PFS outlines $1.5B Filo Mining S American proj with good potential to add to initial 14-year expectations of 1.75Blbs copper, plus gold and silver
‘Action plan’ measures minimise gold production losses as Sibanye Gold seeks a peaceful resolution to violent South African strike.
With acquired mine production, another ramping and a 3rd starting in H1 2020, Equinox is already eyeing up to 265,000oz in FY19
The transition from open pit to underground mining at the big Grasberg Copper Mine is expected to cut copper conc exports by 1Mt to 200,000t this year, govt official
Record Topia production lifts Gt Panther Silver’s realigned Mexican FY18 output 15% to 4.17Moz
A mine disposal, mine closure and launching new development strategies has failed to stop a new look New Gold lifting FY18 gold production to 455,448oz
New gold production records as Aussie project leads Kirkland Lake Gold to a record FY18 723,477oz with a 2021 1Moz+ on track
Las Lagunas project brought to a stop after tank rupture forestalls upgrade and preventive maintenance program at Dominican Republic tailings retreatment operation.
Highlands Pacific directors say a direct cash takeover of the company by Cobalt 27 offers the most to shareholders after the failure of a proposed streaming deal over its minority share of production from the Ramu nickel and cobalt project in PNG.
The cumulative impact of slow ramp-up of production and disrupted rail freight operations have forced Australian coal producer Bounty Mining to lower production forecasts for its Cook Colliery project.
Merger participant Doray has done a new $15M deal to sell its advanced Andy Well and Gnaweeda gold projects to Westgold
Disclosure failures and other breaches of Canada’s securities regulations will cost Glencore-owned Katanga Mining $22M+, its CEO his job an 6 other execs/directors further fines
The DFS-stage Mt Holland lithium mine-to-refinery project in Western Australia has received a fillip with a new study adding further positive weight to 2 other recent studies. By Mark Mentiplay
World No 4 iron ore producer Fortescue bids to meet the Chinese drive for quality with the first export shipment of its new, higher-value West Pilbara Fines product. John Feary reports
WA miner Coolgardie Minerals takes urgent measures to placate creditors after lower-than-forecast ore grades halt initial cash-flow from its Geko gold mine.
LME ($US), Jul 20 -Aluminium 2,075.00Copper 6,073.00Zinc 2,635.00Nickel 13,425.00Lead 2,100.00Tin 19,475.00Cobalt 70,000.00Gold 1,231.20
COMEX ($US), Jul 20 -Gold 1231.90Copper 2.7505Silver 15.555
NYMEX ($US), Jul 20 -Iron ore $63.61
Public holidays -Jul 23: Revolution Day (Egypt)Jul 28: National Day (Peru)
Conferences -Jul 25-26: Mining Investment India, New Delhi
Company events -Jul 23: AngloAmerican Platinum H1, Johannesburg (South Africa)Jul 25: Freeport-McMoRan Q2 (USA)Jul 26: Barrick Gold Q2, Toronto (Canada)Jul 26: OceanaGold H1, Toronto (Canada)Jul 27: Yamana Gold Q2, Toronto (Canada)
LME ($US), Jul 13 -Aluminium 2,102.00Copper 6,166.00Zinc 2,607.00Nickel 13,870.00Lead 2,162.00Tin 19,775.00Cobalt 70,500.00Gold 1,241.30
COMEX ($US), Jul 13 -Gold 1,241.80Copper 2.777Silver 15.835
NYMEX ($US), Jul 13 -Iron ore $63.24
Public holidays -Jul 16-17: President's Day (Botswana)
Conferences -Jul 17-20: Sprott Vancouver Natural Resources Symposium (Canada)
Company events -Jul 17: Sandvik Q2, Stockholm (Sweden)Jul 18: BHP FY Operational Review, Melbourne (Australia)Jul 18: Northern Star Resources Q4, Perth (Australia)Jul 19: Alcoa Q2, Pittsburgh (USA)
LME ($US), Jul 6 -Aluminium 2,098.50Copper 6,326.00Zinc 2,759.00Nickel 13,760.00Lead 2,321.00Tin 19,425.00Cobalt 72,500.00Gold 1,254.80
COMEX ($US), Jul 6 -Gold 1,255.90Copper 2.8195Silver 16.07
NYMEX ($US), Jul 6 -Iron ore $62.99
Public holidays -Jul 9: Independence Day (Argentina)Jul 14: Bastille Day (France)
Conferences -Jul 10-11: Investing in Latam Mining, Santiago (Chile)
Company events -Jul 12: Barrick Gold Q2, Toronto (Canada)
LME ($US), Jun 29 -Aluminium 2,183.00Copper 6,646.00Zinc 2,948.00Nickel 14,910.00Lead 2,432.00Tin 19,675.00Cobalt 77,800.00Gold 1,253.20
COMEX ($US), Jun 29-Gold 1,254.40Copper 2.9655Silver 16.16
NYMEX ($US), Jun 29 -Iron ore $64.73
Public holidays -Jul 1: Republic Day (Ghana)Jul 2: Canada Day observance (Canada)
Company events -Sibanye-Stillwater Safety Conference, Johannesburg (South Africa)
LME ($US), Jun 22 -Aluminium 2,166.00Copper 6,811.00Zinc 2,993.00Nickel 15,255.00Lead 2,389.00Tin 20,625.00Cobalt 79,300.00Gold 1,268.80
COMEX ($US), Jun 22 -Gold 1271.10Copper 3.0485Silver 16.525
NYMEX ($US), Jun 22 -Iron ore $64.89
Public holidays -Jun 25: Independence Day (Mozambique)
Conferences -Jun 27-28: Energy and Mines Summit, Perth (Australia)Jun 27-28: International Lithium Conference, Perth (Australia)
Company events -Novagold Resources Q2 (Canada)
(COAL MINING) Amid all the anti-mining activist claims of the death of coal, the push by Asian buyers for higher quality and lower emissions in its thermal and metallurgical coal imports represents more good news for Australian producers.
(COMMENTARY) The historic election that it was hoped would end years of instability in mineral-rich DR Congo could instead lead to more uncertainty after the surprise victory of opposition candidate Felix Tshisekedi Tshilombo.
(TECHNOLOGY) Brazilian mining giant Vale establishes new artificial intelligence centre to lead the drive to deliver significant productivity, safety and cost improvements across its global operations.
(CORPORATE STRATEGY) The major expansion of India’s only foreign-owned and operated iron ore project has been terminated just months short of completion after new management at Australian-based IndiOre found there was no mineralisation nearby to support it.
(ZAMBIA) Vedanta subsidiary’s mine shutdown adds credence to warnings of a drastic impacts from Zambian government grab for mining sector cash.
(MANAGEMENT) Can African specialist Mark Bristow find a resolution that has eluded Barrick Gold executive chairman John Thornton to the damaging stand-off between its 63.9% subsidiary Acacia Mining and the Tanzanian government?
