Take a free trial or Subscribe now

Advanced Search

Mining Bulletin

The full story: In-depth news and analysis

SIRIUS MINERALS PULLS BACK FOR 6-MONTH REVIEW AFTER PROJECT FUNDING PLAN FAILS

Massive UK fertiliser development project slowed for major strategic rethink after market conditions force it to abandon a $500M key funding program.

VRX SILICA SCORES FOR THE 2ND TIME AT ARROWSMITH

VRX Silica has produced a 2nd positive BFS supporting 2 of its 3 advanced silica sand projects in Western Australia. By Mark Mentiplay

TITAN MINERALS SIGNALS NEW CORE GOLD MERGER PLAN AFTER BC COURT SETBACK

South American miners Titan Minerals and Core Gold are set to try again to pool their resources into an emerging regionally focused gold company after the British Columbia Supreme Court rejected their previous scheme of arrangement

HAVILAH RES SHAREHOLDERS REJECT $100M GFG DEAL

The reversal of a decision by developer Havilah Resources’ major shareholder to back a $100M GFG investment in the company has seen the bid rejected. By Mark Mentiplay

TNG SEES POSITIVES IN NEW CHEAPER, SMALLER MOUNT PEAKE DEVELOPMENT STRATEGY

A change to a smaller and cheaper development strategy could make it easier for developer TNG to reach a final investment decision and gain financial approvals for its Mount Peake project in Australia’s Northern Territory.

NEW POX HUB FIRES PETROPAVLOVSK H1 19 PROFIT

A good Petropavlovsk H1 19 has seen all the good things up and the bad things down for a $54M turnaround to a $14M profit underpinned by a successfully ramping POX hub

$20M SPROTT BUY INTO GALENA SILVER MINE

Americas Gold and Silver’s major shareholder Eric Sprott buying 40% of America’s Galena silver mine for $20M

SYRAH SLASHES FLAKE GRAPHITE PRODUCTION AMID PLUNGING CHINESE SPOT PRICES

Battery materials market uncertainty hits the flake graphite suppliers, with Syrah Resources cutting output from its Balama operation in Mozambique by 66% due to falling spot prices and over-supply concerns.

INTEGRA RES PEA FLAGS $365M US PROJ PRODUCING LoM 1.24Moz AuEq

New study sees Integra Res’ Idaho heap leach operation generating $697M after tax cash flow over an initial 10-year LoM from 1.24Moz AuEq ouput

TANZANIA THREATENS TO HALT INTRA ENERGY COAL SALES OVER NEW ROYALTY CHARGES

Tanzania’s Mining Commission orders major regional coal producer Tancoal to charge customers hefty new royalties on the transportation costs of thermal coal sales.

ZIMPLATS FY19 PROFIT ROCKETS TO $145M

A string of financial benefits, not big production increases or cost cuts, have fuelled a FY19 $145M net profit from a $2.6M profit the year before

RECORD FY 19 FOR INDEPENDENCE GROUP

Miner Independence Group racks up a string of records to lift its FY 19 NPAT 44% to $76M. By Mark Mentiplay

RESOLUTE MINING TAKES THE FIRST STEP ON ITS MAJOR RAVENSWOOD GOLD MINE EXPANSION

Australian international gold producer Resolute Mining expects to lift 2020 production at its Ravenswood mine to 80,000oz after pressing the go button on Stage 1 of the expansion plan at its long-lived Queensland operation. John Feary reports

H1 19 $84M PROFIT PLUNGE AS OZ MINS AWAITS CARRAPATEENA

Shipment timing and big growth investments have pushed OZ Mins’ H1 19 profit down $84m to $44M

END TO KANMANTOO MINING SEES 9.2% HILLGROVE H1 19 PROFIT FALL

The end of mining at Hillgrove’s Kanmantoo Cu-Au mine in S Australia has the operation running on stockpiles, for lower output and cutting H1 19 profit 9.2%.

GOLD FIELDS SELLS OUT OF GOLD ROAD FOR $126.3M

Gold Fields has sold its 10% stake in J/V partner Gold Road Res for $1126.3M, but is hanging on to its 50% of the Gruyere Gold Project. By Mark Mentiplay

KOOLYANOBBING DELAYS CUT MINERAL RES FY19 PROFIT 39%

Delayed acquisition/ramp up of the Koolyanobbing Iron Ore Project and the ending of Wodgina lithium DSO sales slash Mineral Res FY19 profit 39%

NEW $20M+ MINERAL RES DEAL FOR CAZALY’S WA IRON ORE PROJ

Cazaly Res has accepted a new superior $20M+ offer for its Parker Range Iron Ore Project from neighbouring producer Mineral Res. By Mark Mentiplay

MAIDEN KENMARE H1 19 DIV DESPITE PROFIT FALL

Maiden Kenmare dividend follows 17% H1 19 profit fall on HMC production down 8%, but with ilmenite, zircon and rutile all up

PROPHECY ASSETS RESHUFFLE FLAGS 2 SPIN-OFFS

Prophecy Devel is setting up to spin off its Bolivian silver and Mongolian assets as its US Vanadium operation closes on 1st production in 2022
more

You are here

Home

Mining Brokers

START THE WEEK: CALENDAR (Apr 1, 2019)

Public holidays –
Apr 1: National Holiday (Cyprus)
Apr 2: Day of the Veterans (Argentina)
Apr 2: Union Day of Belarus and Russia (Belarus)
Apr 2: Al Isra' wal Miraj (Jordan)
Apr 3: Ascension of the Prophet (Indonesia, Iran, UAE)
Apr 3: Shab e-Meraj (Pakistan)
Apr 3: Isra and Mi'raj
Apr 4: Peace Day (Angola)
Apr 4: Independence Day (Senegal)
Apr 4: Children's Day (Taiwan)
Apr 5-6: Qing Ming Jie (China)
Apr 5: Tomb Sweeping Day (Taiwan, Hong Kong)
Apr 5: Arbor Day (Republic of Korea)

START THE WEEK: COMMODITIES (Mar 22, 2019)

LME ($US), Mar 22 –
Aluminium 1,867.00
Copper 6,375.00
Zinc 2,865.00
Nickel 12,930.00
Lead 2,020.00
Tin 21,600.00
Cobalt 30,000.00
Gold 1,312.00

COMEX ($US), Mar 22 –
Gold 1,319.70
Copper 2.8485
Silver 15.435

NYMEX ($US) 62% Fe CFR China, Mar 22 -
Iron ore 85.89

LBMA price data ($US), pm Mar 22 –
Platinum 853.00
Palladium 1554.00

START THE WEEK: CALENDAR (Mar 25, 2019)

Public holidays –
Mar 24: Memorial Day (Argentina)
Mar 24: Navruz Celebration (Tajikistan)
Mar 25: Saint Joseph's Day (Colombia)
Mar 25: Greek Independence Day (Cyprus)
Mar 25: National Holiday (Greece)
Mar 25: Nauryz Observation (Kazakhstan)
Mar 26: Independence Day (Bangladesh)
Mar 26: National Day of Life, Peace and Justice (El Salvador)
Mar 26: Martyrs' Day (Mali)
Mar 27: Armed Forces Day (Myanmar)
Mar 29: Martyrs' Day (Madagascar)
Mar 29: Youth Day (Taiwan)

START THE WEEK: COMMODITIES (March 15, 2019)

LME ($US), Mar 15 –
Aluminium 1,868.00
Copper 6,410.00
Zinc 2,839.00
Nickel 12,845.00
Lead 2,053.50
Tin 21,340.00
Cobalt 30,000.00
Gold 1,302.30

COMEX ($US), Mar 15 -
Gold 1,302.30
Copper 2.9085
Silver 15.29

NYMEX ($US) 62% Fe CFR China, Mar 15 -
Iron ore 86.12

LBMA price data ($US), pm Mar 15 –
Platinum 831.00
Palladium 1,555.00

START THE WEEK: CALENDAR (March 17, 2019)

Public holidays –
Mar 17: St Patrick’s Day (various)
Mar 17: Sheikh Mujbur Rahman Birthday (Bangladesh)
Mar 18: Benito Juarez Birthday Holiday (Mexico)
Mar 18: Soldiers Day (Mongolia)
Mar 19: Father Day (Bolivia)
Mar 19: St Joseph’s Day (various)
Mar 20: Holika Dahana (India)
Mar 20: Erev Purim (Israel)
Mar 20: Full Moon Day (Myanmar, Sri Lanka)
Mar 20: International Francophonie Day (DR Congo)
Mar 20: Imam Ali Birthday (Iran)
Mar 20: Independence Day (Tunisia)
Mar 21: Naw Roz (Afghanistan)

START THE WEEK: COMMODITIES (Mar 8, 2019)

LME ($US), Mar 8 –
Aluminium 1,848.00
Copper 6,398.50
Zinc 2,706.00
Nickel 13,040.00
Lead 2,072.00
Tin 21,410.00
Cobalt 33,000.00
Gold 1,298.90

COMEX ($US), Mar 8 -
Gold 1,298.60
Copper 2.8995
Silver 15.36

NYMEX ($US) 62% Fe CFR China, Mar 8 -
Iron ore 85.15

LBMA price data ($US), pm Mar 8 –
Platinum 818.00
Palladium 1,509.00

START THE WEEK: CALENDAR (Mar 11, 2019)

Public holidays –
Mar 11: Commonwealth Day (Canada)
Mar 11: Clean Monday (Greece)
Mar 11: Moshoeshoe's Birthday (Lesotho)
Mar 11: Independence Day/National Day (Lithuania)
Mar 12: Arbor Day (China)
Mar 12: National Day (Mauritius)
Mar 12: Youth Day (Zambia)
Mar 13: Decoration Day (Liberia)
Mar 14: Summer Day (Albania)
Mar 15: Constitution Day (Belarus)
Mar 15: 1848 Revolution Memorial Day (Hungary)
Mar 15: J. J. Roberts Birthday (Liberia)

START THE WEEK: COMMODITIES (Mar 1, 2019)

LME ($US), Mar 1 –
Aluminium 1,890.50
Copper 6,572.00
Zinc 2,839.50
Nickel 13,160.00
Lead 2,152.50
Tin 21,800.00
Cobalt 33,000.00
Gold 1,298.10

COMEX ($US), Mar 1 -
Gold 1,294.50
Copper 2.9265
Silver 15.23

NYMEX ($US) 62% Fe CFR China, Mar 1 -
Iron ore 85.98

LBMA price data ($US), pm Mar 1 –
Platinum 863.00
Palladium 1,553.00

START THE WEEK: CALENDAR (Mar 4, 2019)

Public holidays –
Mar 3: Martyrs Day (Malawi)
Mar 3: Peasants Day (Myanmar)
Mar 3-6: Carnival (Brazil)
Mar 4-6: Carnival (various, South America)
Mar 4: Labour Day (Western Australia)
Mar 4: Shivaratri (India)
Mar 4: Mahasivarathri Day (SriLanka)
Mar 5: Shrove Tuesday (various)
Mar 6: Ash Wednesday (various)
Mar 6: Independence Day (Ghana)
Mar 8: International Women’s Day (various)
Mar 8: Zhonghe Festival (China)

START THE WEEK: COMMODITIES (Feb 22, 2019)

LME ($US), Feb 22 –
Aluminium 1,890.50
Copper 6,489.00
Zinc 2,718.00
Nickel 12,930.00
Lead 2,059.00
Tin 21,650.00
Cobalt 33,000.00
Gold 1,330.70

COMEX ($US), Feb 22 -
Gold 1,330.70
Copper 2.948
Silver 15.97

NYMEX ($US) 62% Fe CFR China, Feb 22 -
Iron ore 88.16 

LBMA price data ($US), pm Feb 22 –
Platinum 830.00
Palladium 1,482.00

Pages

more

Mining Billboard

Insights and analysis from leading industry commentators

MINI-BOOM TO CHALLENGE AUSTRALIAN MINING SECTOR’S SKILLS PIPELINE CAPACITY

(DEVELOPMENT) The Australian mining sector and government face significant new challenges in workforce planning strategies, skills and labour mobility initiatives to meet the forecast demand of new project developments through to 2024 – challenges they have consistently failed to meet in past booms.

NEW $2.6B BRAZILIAN IRON ORE MINE MOOTED

3 Chinese companies and others are considering a new Brazilian iron ore start-up in a J/V led by Kazakh miner Eurasian Resources

BHP CHOICE OF KOMATSU HAUL TRUCKS FOR SOUTH FLANK A NEW STEP IN MINING AUTONOMY

(TECHNOLOGY) The switch by BHP Iron Ore to ordering 41 Komatsu 930E-5 haul trucks for the autonomous haulage fleet at the largest mining and processing development in the 50-year history of WA’s Pilbara iron ore province, its $US4.6B South Flank development, underlines the rapid progress in autonomous technology systems.

COLONIAL COAL LOOMS AS LIKELY TARGET FOR RINEHART’S PUSH INTO CANADIAN MET COAL

(COMMENTARY) Could Australian entrepreneur Gina Rinehart be on the prowl for more aggressive moves into the Canadian metallurgical coal sector? Leading mining commentator Ross Louthean reports on speculation that her next target may be BC-focused Colonial Coal International.

WELBORN WARNS AUSTRALIAN FAILURES ALLOW CHINA TO SEIZE AFRICAN OPPORTUNITIES

(COMMENTARY) Australia’s failure to recognise the wider causes and impact of global trade tensions between China and the US is allowing China to snare the lion’s share of the opportunities emerging in the rapid growth of Africa, Resolute Mining chief John Welborn has warned.

GOLD FIELDS’ BOSS GIVES GOLD SECTOR A COSTS SPRAY

Global gold major Gold Fields’ CEO Nick Holland has given his fellow miners a big spray on a number of issues he says could be hiding the true state of a declining world gold sector
more

Mining Brokers

DATADIGGING: BHP SOUTH FLANK CONTRACT AWARDS

    START THE WEEK: COMMODITIES (Sept 6, 2019)

      START THE WEEK: CALENDAR (Sept 8, 2019)

        START THE WEEK: COMMODITIES (Sep 2, 2019)

          START THE WEEK: CALENDAR (Sep 2, 2019)

            more