Newcrest posts slight drop in third-quarter gold output

Newcrest plan to dump tailings in old Cadia open pit approved

The use of the pit as a tailing storage facility means the miner will sacrifice remaining gold and copper reserves to help it return to full production after a dam collapse halted operations at the underground mine complex.

Cecilia Jamasmie | April 23, 2018 | 3:15 am

HSBC Taps Standard Chartered Dealmaker to Build Global Mining Team

HSBC pulls the plug on coal

Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.

Cecilia Jamasmie | April 20, 2018 | 8:49 am

World’s top diamond producer first-quarter output hit by mine accident

Alrosa's production fell by 17% in the first three months of the year mainly due to the halt of its Mir underground mine and lower-grade ores processed from the Jubilee pipe.

Cecilia Jamasmie | April 20, 2018 | 3:53 am

Canada’s Copper Mountain grabs Altona Mining in $72-million deal

Merger creates a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal.

Cecilia Jamasmie | April 19, 2018 | 11:13 am

Russia pushing to end partial ban on diamond exports from CAR

De Beers launches Sierra Leone-based pilot to remove ‘conflict diamonds’ from the market

The world’s top diamond miner will train artisanal and small-scale miners and provide them with tablets as well as a diamond “toolkit” to digitally track their stones throughout the supply chain.

Cecilia Jamasmie | April 19, 2018 | 6:57 am

Embattled Acacia Mining keeps losing money due to Tanzania tax row

Revenue in the first quarter slumped almost 50% due mainly to reduced operations at its flagship Bulyanhulu gold mine.

Cecilia Jamasmie | April 19, 2018 | 3:46 am

Impact of electric cars in medium-term copper demand ‘overrated’, experts say

Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.

Cecilia Jamasmie | April 12, 2018 | 2:00 pm

Codelco kicks off production at El Teniente expansion ahead of schedule

Copper supply crunch earlier than predicted — experts

Copper production will peak in the second half of 2019, making a growing supply deficit much more real.

Cecilia Jamasmie | April 10, 2018 | 11:58 am

Chilean government sees $74bn in mining investments over a decade

Chile mulls revision to mining code

Authorities may consider potential revisions to the mining laws in order to make companies that already own concessions to work on them or else give them up.

Cecilia Jamasmie | April 10, 2018 | 9:30 am

Royalty bill will put Chile's private miners out of business, trade group says

Juniors struggle to compete with majors in exploration — Chile’s Mining Society

One of the main problems, says the head of Chile’s Mining Society, Diego Hernández, is miners have no incentives to do anything with the assets they already own and is very cheap to keep them.

Cecilia Jamasmie | April 9, 2018 | 1:50 pm

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