MINING.COM

Rising gold production pushes Newmont past profit estimates

Newmont Mining Corp handily beat quarterly profit estimates on Tuesday as production improved, more than offsetting the impact of lower realized gold prices, lifting the miner's shares as much as 7.7 percent to a five-month high.

Reuters | July 25, 2017 | 1:07 pm

Brazil to raise mining royalties, set up new regulator

Brazil's government will announce an increase in mining royalties and the creation of a new agency to regulate the industry in a bid to inject new life in Brazilian mining, three sources with knowledge of the matter told Reuters on Monday.

Reuters | July 25, 2017 | 12:40 pm

Rio Tinto's lithium market entry likely only start of battery metal ambitions

Rio Tinto, Serbia in outline deal to move giant lithium project forward

Major miner Rio Tinto and the Serbian government on Monday signed a memorandum of understanding to speed up development of Rio's giant deposit of jadarite, a mineral unique to Serbia that contains lithium.

Reuters | July 24, 2017 | 9:44 am

Cuba seeks to revive mining sector with new lead and zinc mine

A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its mining sector, the joint venture Emincar overseeing the project said this week.

Reuters | July 23, 2017 | 6:20 pm

Toronto firm closing South African platinum mine

Philippines plans new law to ensure responsible mining

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.

Reuters | July 21, 2017 | 2:15 pm

AngloGold flags annual earnings slump on lower sales

South Africa intends to suspend issuing mining rights

South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday.

Reuters | July 20, 2017 | 1:36 pm

U.S., Chinese officials conclude contentious economic talks, steel stocks soar

The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing.

Reuters | July 19, 2017 | 2:45 pm

BHP to boost copper output, lower costs at vast Olympic Dam

BHP to spend $277m to modernize Australian copper smelter

The smelter, one of the largest in the Southern Hemisphere, has been hampered by insufficient power supplies and maintenance work since a major power outage last year shut operations for two weeks.

Reuters | July 19, 2017 | 11:58 am

China Minmetals, China National Gold ‘unaware’ of merger talks

Sources with knowledge of the matter told Reuters on Tuesday that China was considering a merger between the two major metals and mining firms as Beijing pushed to consolidate its bloated state-run enterprises to help increase efficiency and competitiveness.

Reuters | July 19, 2017 | 11:41 am