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The full story: In-depth news and analysis

Continuing organisational trauma from the tragic series of mining fatalities in the first half of the year has led Sibanye to reduce forecast full year 2018 gold production for its Southern African gold operations.

Kingsrose’s Way Linggo turn-around, expansion-to-profitability strategy has suffered another setback with Q1 19 gold-silver production down and costs through the roof. By Mark Mentiplay

It’s been a good 1st 9-months 2018 for Canadian multi-mineral miner Hudbay with overall production up to double net profit to $89M

Impairments/one-off $60M charge hammer Centerra Q3 18 profit, despite Q3 18 gold jump that lifts FY/CY18 expectations

FY2018 production guidance at Iluka’s Sierra Rutile business has been lowered by a cumulative 20% due to equipment issues and unlawful strike action at the Sierra Leone operation.

Scoping study flags $66M, 47,000oz Au/22,000oz Ag pa initial 5-year LoM Bird-in-Hand deposit close to Terramin’s producing Angas Zinc Mine in South Australia

Following a YTD18 profit plunge to $283M from $473M, gold major Newmont Mining has cut FY/CY18 gold expectations

Updated FS flags 1st gold from restarted $82M Santa Luz Gold Proj in 10-weeks, producing 1.06Moz over an initial 11-years

A $94M impairment sting has fuelled a $154M turn around to a $143.8 YTD loss for Eldorado Gold, but with surging gold prodn underpinning a FY18 upgrade

Yamana Gold has lifted FY/CY18 gold-copper expectations on the heels of a Q3 18 slump to an $81.3M loss

New drilling provides more Waterberg platinum confidence with resources up and new 6.26Moz 4E measured component

Hampered gold production from its new Alaska mine addition has offset Western Australian production falls to lift Northern Star Q1 19 output to 207,600oz and heading for FY19 900,000oz. By Mark Mentiplay

A senior Acacia Mining manager has been arrested by the Tanzanian corruption bureau, the latest to be jailed in the clash between the gold miner and the govt

PFS says construction of Global Geoscience’s $600M, $6.6B LoM cashflow US lithium-boron project could begin in late 2019, with production 2-years later. By Mark Mentiplay

New studies see joint Australian-Chilean lithium project generating $33.5B revenue over an initial 47-year LoM.

Positive scoping study fires New Energy for 1st prodn from its Mozambique vanadium-graphite project by the 2nd half of next year

1st nickel-in-conc production from Western Area’s Odysseus project in WA expected end Dec 2022 after upgraded DFS

The award of the major plant construction contract for its Fungoni project in Tanzania keeps Strandline Resources on strategy to become a low-cost supplier in time to take advantage of booming demand for mineral sands.

Increasing safety, security and production issues in Tanzania have cut Acacia’s YTD18 gold production by 228,000oz and nearly halved net profit to $43M. By MBM’s UK correspondent

Imperial Metals has cut FY/CY18 copper expectations, but sees gold up a little as it comes back from a prolonged strike and ball mill outage.

CIMIC Group mining services company Thiess has been awarded a five-year extension and expansion of its existing major contract worth $A1.2B at BHP’s Mt Arthur thermal coal mine in the Hunter Valley of NSW.

Six years after its mining assets were expropriated by the Venezuelan government, Rusoro Mining has $US1.3B and agreement that could see it restarting two mines in partnership with the government.

Increased Q3 18 gold-copper production underpins top end FY 18 gold target of 5Moz and copper up to 410Mlbs

A 2nd crusher line has helped Anglo Asian lift Q3 18 production from all its gold-copper-silver commodities and now targeting a FY18 84,000oz AuEq

A 48% YTD18 gold equiv production jump has McEwen nicely on track for 171,000oz AuEq in FY/CY18, with the new Gold Bar project set for more from Q1 19

New mineralisation discovery prompts TerraCom to plan a doubling of capacity at its Mongolian coal mine.

Superior Lake Resources will move immediately to a DFS after a restart study supported the potential for a low-cost, high-value development of the historic Pick Lake and Winston Lake projects in Ontario.

Record Q3 18 Aussie gold production steers Kirkland Gold to FY/CY18 635,000oz+

Nusantara Res is on the hunt for a joint development partner after DFS envisages profitable $191M open pit, leach, 100,000oz pa gold operation in Indonesia

A 2nd PEA has added silver equiv production, cash flow and profitability to Golden Minerals’ low cost Santa Maria project in Mexico

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