Miners’ response to Brazil dam disaster still weak — report

The proposed open-pit surface and underground spodumene mine will produce lithium, highly used in the manufacturing of batteries for cell phones and electric cars.

The company also said it will spend between $850 and $900 to produce an ounce of gold this year, less than its previous forecast of between $875 and $950.

Nautilus Minerals Inc. announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the Brisbane office of the DRA Group.

Whilst miners are relatively loyal in Australia and North America to their current Original Equipment Manufacturers (OEMS), over half of those in Asia are likely to seek out a new supplier within the next five years, a new report shows.

Power restrictions could hit output of most copper mines operating in the country.

Brisbane-based Minquest says buying plant of bankrupt zinc miner could save it $150m–200m to bring nearby copper project into production.

And oil prices keep falling — they have kicked off the week in the red, with U.S. prices trading below $48 a barrel.

Banks Island Gold accused of pollution spills

Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) reported increased profit in 2015’s second quarter but as commodity prices slide, the company sees a greater risk of its credit rating being demoted from investment-grade.