Oz Minerals unveils PFS for $22 billion copper-gold mine
Looking for partners for $3 billion project in South Australia forecast to produced 114,000 tonnes of copper and 117,000 ounces of gold a year.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Newcrest posts second year of major loss
Production up and costs down, but asset impairment at Papua New Guinea mine results in $2.2 billion statutory loss for Australian gold miner.
BHP spinoff could be worth $12 billion
Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.
Nearly 17,000 Australian mining jobs to disappear by 2019
Compares with a near doubling of mining, exploration and services positions in the country over the previous five years.
VIDEO: 117-year old London silver fix ends
But participants setting benchmark price for $5 trillion market still not known.
BHP says demerger preferred option
Decision to to lob off Billiton assets could come as early as next week.
Rio has first right of refusal over Bougainville Copper
Chief administrator of Papua New Guinea’s autonomous region of Bougainville does not expect lawsuits after stripping Rio of its mining rights.
Copper dives to 8-week low
Dismal European economic growth figures and more signs of Chinese slowdown dents price of red metal.
Uranium price building on gains
Way to early to for uranium stock investors to rejoice, but after eight straight sessions of gains the market seems to be entering recovery mode.
Western gold jewelry buyers come roaring back
Q2 study shows decline in global gold demand, but US and UK jewelry buying surges and central banks add to holdings for a 14th straight quarter.
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive
Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly.
