MINING.COM

PNG autonomous region lifts mining ban, but excludes controversial Panguna

An autonomous region of Papua New Guinea has lifted a ban on mining that has been in place since 1971 - but it will not allow the restart of the controversial Panguna copper mine which has been the source of deadly internal strife.

Andrew Topf | May 2, 2017 | 2:24 pm

South32 buys stake in Canada’s Arizona Mining for $81 million

The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.

Cecilia Jamasmie | May 2, 2017 | 4:07 am

Australian officials slam banks decision to refuse backing country’s largest coal project

The lenders’ move follow a decision by Australia’s second-largest bank Westpac to only fund new projects in existing, rather than new, coal basins as part of its new climate policy.

Cecilia Jamasmie | May 2, 2017 | 3:53 am

Harnessing bacteria to turn gold grains into nuggets

A bacteria that re-concentrates gold grains into nuggets is being targeted by researchers for its potential to optimise gold extraction processes from ore, old tailings or recycled electronics.

The Lead South Australia | May 1, 2017 | 4:02 pm

BHP Billiton in ‘advanced’ talks to sell Cerro Colorado copper mine in Chile

The company has officially informed workers of its plans to offload the mine, noting that while there are several interested parties, the process could take months.

Cecilia Jamasmie | April 28, 2017 | 3:50 am

Vale’s first quarter profit lower than expected as rains hurt iron ore output

Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.

Cecilia Jamasmie | April 27, 2017 | 3:34 am

Copper, lead, zinc prices to stay on the boil

New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.

Frik Els | April 26, 2017 | 12:46 pm

Czech mining industry pins hopes of revival on lithium

The European country holds between 1.2 to 1.4 million tonnes of lithium, located mostly around the tiny village of Cinovec, on the border with Germany.

Cecilia Jamasmie | April 26, 2017 | 12:07 pm

BHP puts US shale assets back on the block amid investors pressure

The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.

Cecilia Jamasmie | April 26, 2017 | 3:48 am

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