MINING.COM

Barrick announces ‘drastic revision’ of Pascua-Lama, may add partner

Analysts believe that Barrick’s partner in Papua New Guinea, Zijin Mining Group, could be the one to help turn Pascua-Lama into a success.

Cecilia Jamasmie | March 2, 2016 | 4:06 am

Warning of another string of mining bankruptcies in 2016

Rate of corporate defaults could be double historical average going back to 1920 says new study.

Frik Els | March 1, 2016 | 3:21 pm

Glencore swings to loss on write-downs and collapsing coal, metal prices

The Switzerland-based mining and energy giant lost $5 billion in 2015.

Cecilia Jamasmie | March 1, 2016 | 4:46 am

Greenfield exploration in Australia picks up

Total area drilled (in metres) climbed by 6.9% during the December quarter, with activity in areas of new deposits increasing by 29.6%.

Cecilia Jamasmie | February 29, 2016 | 10:40 am

Australia’s gold output climbs to 12-year high

Full-year production was 285 metric tons last year, almost two tons more than in 2014 and the highest annual total since 2003.

Bloomberg News | February 28, 2016 | 3:31 pm

Search begins for buyer to mine gypsum deposit

South Australia produces about 4 million tonnes of gypsum per year, accounting for about 80 per cent of Australia’s production and supplying most of the country’s domestic requirements.

The Lead South Australia | February 25, 2016 | 10:02 am

South32 looking for assets despite $1.75bn loss, massive layoffs

Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.

Cecilia Jamasmie | February 25, 2016 | 5:55 am