Australia sees record $104bn of iron ore exports this financial year

The BC mining sector posted positive results for the second consecutive year.

Gold output rose 22% in 2018 to 72,798 ounces from 59,617 ounces in 2017.

The drama surrounding the rescue of two men trapped in an Australian gold mine in 2006 has unearthed an unlikely star -- Bill Shorten, a union leader who’s now poised to become the nation’s prime minister.

Zimbabwe’s biggest gold producer sued the country’s central bank for $132m because it has been paying for the metal in a local quasi-currency rather than US dollars.

Recent discoveries in the area included IAMGOLD’s 10 million oz and growing Cote Gold project and Pan American Silver’s 3 million oz Juby project.

Miner logged a pre-tax loss for the period of £352,553, compared to a £602,678 loss a year before, as administrative expenses almost halved.

The latest results are more favorable than the 59% gold recovery used in a preliminary economic assessment completed in October 2018.

The Rossland gold project is located within the third largest mining camp in British Columbia.

Moves gives Aussie miner access to the Moose River gold complex in Nova Scotia, Canada, which comprises one producing open-pit and three other development projects.