Mining Bulletin

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Mining Bulletins

The full story: In-depth news and analysis

Lower Q3 18 nickel production/sales has seen Western Areas lower its FY18 expectations slightly to 21,000t, but with Odysseus in the wings

Highest production to date from its flagship Deflector mine has placed West Australian miner Doray Minerals in its strongest financial position in recent years. John Feary reports

Following a recent successful raising for its European tungsten-gold aspirations, Apollo Minerals is spinning off its Fraser Range assets in W Australian via a $7M IPO

The PFS numbers look good for Atalaya Mining’s 2nd Spanish copper project, a low cost, $260M operation generating nearly $500M free cash over an initial 12-years.

Western Resources’ decade-long development of its 3-phase Milestone Potash Project in Canada has reached the construction stage

Red 5 sees its terrible March quarter as a transitional period as it looks to the benefits of its significant investment in mine development and exploration laying the foundations for strong gold production. John Feary reports

Silver Lake Resources begins predevelopment work on the Aldiss mining centre as the fourth hub at its Mount Monger project in Western Australia.

Australian-based South32 confident it's established the foundation for a return to historical production levels at its Appin colliery in southern NSW. John Feary reports

Heavy rain has temporarily halted Kingsrose Mining’s revival, cutting Q3 18 gold-silver production, but expected to lift on the Sept 18 return of 1 mine and expansion of another. By Mark Mentiplay

Troubles with dumper cars have put a dampener on what would have been a record year for BHP's West Australian iron ore operations.

Rio Tinto’s Q1 18 iron ore shipments down 11%, prodn down 5% and coal down 53% as the company exits the Australian coal sector.

A string of adverse market conditions has added to battling iron ore producer and takeover target Atlas Iron’s woes with production down and costs up

Shanta Gold has reaped a FY17 profit turnaround from its move underground in Tanzania, despite lower production and higher costs

2 new studies have given substantial financial and production boosts to Nzuri Copper’s 8Mt, initial capex $53M+ copper-cobalt project in DRC

Portia gold mine's production plunge pushes South Australian miner Havilah Resources to a first half loss and a pressing need for more cash.

Only 1 of Trevali Mining’s 4 global operations has improved on the previous qtr, with all commodity production down in Q1 18

The late 2017 $402M acquisition of the Sasa zinc-lead mine is already paying off for Central Asia Metals, adding to record copper production from an existing operation.

A couple of deals with silver major Pan American Silver have saved Patagonia Gold from a FY17 loss and provided a potential new flagship producer

One of Australia's most famous historic gold mines, the Morning Star mine in the Eastern Victorian Goldfields, is set to begin production again after AuStar Gold completed the recommissioning of its process plant.

With completion of its Alio Gold merger expected next month, Rye Patch Gold has seen resolved plant problems restrict Q1 18 gold-silver production

Alio Gold has lifted Q1 18 gold-silver prodn and is looking to increase FY18 production past 100,000oz expectations on completion of the Rye Patch takeover in May

Kin Mining has curtailed work on its 100%-owned Leonora gold project two months into its construction over concerns the development is heading for a significant cost blowout. John Feary reports

Magmatic Resources has extended its diversification strategy by acquiring two gold exploration tenements in Western Australia 15km from the 5.88Moz Gruyere gold project being constructed by its 20% shareholder Gold Fields in JV with Gold Road.

Leading West Australian nickel producer Western Areas has announced the start of a $A32M early works program this month to advance the Odysseus deposit at its 100%-owned Cosmos Nickel Complex to development-ready status. John Feary reports

China miner Griffin Mining has racked up a stack of mining, processing and production records for a 633% profit jump

Shareholders in battling Australian junior Atlas Iron are being offered greater exposure to a diversified commodities and service business through the agreed all-shares takeover offer from Mineral Resources.

The recently acquired Edna May gold mine has enabled Australian miner Ramelius Resources to post record production of 58,671oz for the March quarter.

Avanco Resources brings more good news for fellow Australian OZ Minerals as it progresses an agreed $418M takeover, releasing a scoping study that outlines the strong potential of its CentroGold project in Brazil.

Technology major SoftBank Group has entered Nemaska Lithium’s big Canadian lithium play with a $99M investment, the 1st part of Nemaska’s quest for up to $825M for the project. By MBM’s North American correspondent

Saracen Mineral Holdings will emerge with a 6% shareholding in explorer Nexus Minerals after completing the sale of its Wallbrook gold project and a subscription for a total 5.3M shares.


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