Mining Bulletins | Mining Business Media

Mining Bulletin

The full story: In-depth news and analysis

You are here

Mining Bulletins

The full story: In-depth news and analysis

Preliminary feasibility study highlights 'compelling economics' for Reward Minerals' Lake Disappointment potash project in the Little Sandy Desert of Western Australia.

Chaarat Gold has made an $800M bid for one of the biggest gold mines in central Asia, along with another $600M to be invested in the Kyrgyz Republic’s mining sector

With the first stage of its Pilgangoora lithium project in Western Australia due to begin commissioning next month, Altura Mining has completed a DFS that backs the doubling of its processing capacity within two years. John Feary reports

Chaarat Gold FS envisages Q2 20 start for its Kyrgyz gold-silver operation producing a 1st up 360,000oz gold/360,000oz silver over an initial 3.7-year LoM, with more to come.

Lower PGM feeds and grade, higher costs and a strengthening ZAR/$US exchange rate more than halves Sylvania Plats’ Q3 18 profit on PGM production fall

Northern Star promises a surge in free cash-flow as its hits its 600,000ozpa production target in the June quarter.

Despite a fall in Q1 18 gold production with costs up, offset by higher copper, Newmont Mining has posted a big profit turnaround from Q4 17’s $527M loss.

Big gold miner Goldcorp is taking a 14%, and potentially 19.2%, stake in a new explorer, the child of a tie-up between 3 other Canadian companies. By MBM’s North American correspondent

Despite copper-gold production down and revenue static, First Quantum has recovered from Q4 17’s loss to a $47M Q1 18 profit

Q1 18 gold prodn up, costs down see Eldorado Gold on track for top-end FY/CY18 330,000oz and a return to 600,000oz pa 2021. By MBM North American correspondent

A good 1st full qtr of gold-silver production from Rainy River opens road to profit as lower total output manages to cut New Gold’s Q1 18 loss

With gold/silver both down cutting Q1 18 revenue 24%, hammers Coeur Mining’s bottom line to net income of just $700,000 from Q4 17’s $14.M

Australian gold giant Newcrest Mining has significantly lowered its production guidance for the June financial year following the shutdown of the Cadia mine in NSW and a weather-driven slump at the Telfer mine in WA.

A drop in production from Red Chris, with lower grades flagged, offset by a better Mt Polley, sees Imperial Mets’ output copper down, but gold up

Paladin Energy has begun preparatory steps for the possible transition of its Langer Heinrich uranium mine in Namibia to care and maintenance due to stubbornly low uranium prices and the prices of processing reagents.

Gold Fields is looking for urgent answers to the South Deep labour, equipment and ground condition issues that forced it to cut its full year 2018 production forecast after just three months.

A fall in Q1 18 copper production, offset by more gold, has seen Freeport-McMoRan’s profit slump from $1B to $692M

The Minas-Rio iron ore mine double pipeline failure sees it out of the Anglo American game for the rest of 2018, not expected to add to Q1 18’s 3Mt

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

Pages

Mining Billboard

Insights and analysis from leading industry commentators