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West Australian miner Pantoro says a "relatively modest" maiden ore reserve of 62,000oz gold won't deter its planned underground development at its Nicolsons operations, given the project's history of performing better than pre-mining models suggest. John Feary reports
Zinc, aluminium, oil & gas fuel $259M turnaround to a Mar 2018 year $236M profit from the previous year’s $23M loss
New mine lifts Endeavour Mining’s 5-mine Q1 18 gold production for a $162M turnaround to a $28M profit
Verdant Minerals feasibility study outlines a 20-year mine life, with potential for many decades more, at its Ammaroo phosphate project in Australia's Northern Territory.
Aura Minerals has capped a successful Q1 18 of merger and $40M of asset sales with a profit nearly doubled to $11.3M
Bluebird Mining Ventures identifies a favourable low-cost ore source from the sampling of broken rock left by historic miners at the historic Kochang underground mine in South Korea.
Plunging gold-copper production that has seen China Gold’s 2-mine operating earnings crash nearly $40M, have pulled the company’s Q1 18 net profit down $18M to $2M
Despite a recovering smelter lock-up costing about 47,000oz of PGM sales and higher costs, Lonmin has managed to cut H1 18 losses to $67M
Millennium Minerals is progressing plans to lift annual gold production at its Nullagine project in Western Australia to over 100,000oz with the placing of early equipment orders for the planned $15M sulphide circuit. John Feary reports
Global major Rio Tinto's $US57M funding deal offers financially constrained Sipa Resources a way forward at its Kitgum-Pader nickel-copper discovery in northern Uganda.
Lower revenue from lower gold sales and higher costs sees Pretium Resources’ Q1 18 loss jump over $5M to $8.1M, but on track for H1 18 guidance up to 200,000oz
Big Japanese miners look to crank up production from troubled Chilean copper mines that have failed to reach expectations
An under-performing plant, currently being rectified, lower gold production and nearly $6M in FX losses, has seen TMAC Resources’ Q1 18 loss blow out to $5.8M
Oman's Public Authority for Mining has received all the government approvals it needs for the issue of a mining licence for the Al Hadeetha copper development.
Randgold Resources has maintained its 1.3-1.35Moz gold production target for 2018 despite a series of challenges that lowered March quarter output by 16%.
Montezuma Mining plans an early move to a prefeasibility study on its Butcherbird manganese project after a scoping study backed its economic and technical viability. John Feary reports
Record throughput at 2 of its 3 Latin American polymetallic underground mines has substantially lifted production, quadrupling Q1 18 qtr-on-qtr profit to $8.7M
Kin Mining's hopes of starting production this year from its suspended Leonora gold development in Western Australia have well and truly gone out the window, with two reports calling for more studies before construction work can resume.
A slight rise in gold equivalent production, increased revenue and lower AISC failed to avert Kinross Gold’s Q1 18 net earnings being halved to $106M. By MBM’s North American correspondent
New technology-focused explorer/developer Talga Resources is looking to spin-off its Swedish cobalt projects to focus on its advanced graphite-graphene projects. By Mark Mentiplay.
(STREAMING) Specialist streamer Cobalt 27 and miner Highlands Pacific aim to take full advantage of the emerging boom in battery metals markets, starting with a significant financing deal at PNG's Ramu nickel-cobalt mine.
(EXPLORATION) Conglomerate gold may be the cause of much recent excitement in the Pilbara region of Western Australia, but neighbours De Grey Mining and DGO Gold are focusing on more traditional exploration targets in their $5M investment transaction.
(SUSTAINABILITY) The need for gold miners to evolve their production methods and stakeholder relations if they are to continue to make a meaningful contribution to society over the next three decades is one of the themes of a new World Gold Council publication.
China’s Securities and Futures Commission’s crackdown on IPO sponsorships has seen Citigroup fined £5.4M over suspended Real Gold Mining’s 2009 IPO
(REGULATION) West Wits Mining takes the next steps towards its growth as a junior miner in South Africa with the acceptance by the mining regulator of its application for mining rights over its Witwatersrand Basin project.
The long-running oligarchs battle for control of Russian nickel giant Norilsk kicks off in the London High Court
