MINING.COM

Gold industry injected $171bn into global economy in 2013

A World Gold Council report shows the sector's contribution was greater than the GDP of over 150 different countries and larger than the total value of global overseas aid in recent years.

Cecilia Jamasmie | June 2, 2015 | 11:01 pm

AngloGold, Newmont in talks over sale of Colorado mine

The sale would be one of the largest of a U.S. gold mine since the price of the precious metal began falling in 2013.

Cecilia Jamasmie | June 2, 2015 | 3:15 am

Vale may sell potash assets in Saskatchewan

As Brazil’s Vale SA figures out what to do with its fertilizer business, the mining giant is thought to be testing the waters on a potential sale, according to people familiar with the matter.

Globe and Mail | May 29, 2015 | 9:41 am

Chile regulator seeks sanctions against Lundin’s Candelaria mine

Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.

Cecilia Jamasmie | May 27, 2015 | 11:15 am

No point in top iron ore miners cutting supply: Goldman

Goldman expects the iron ore "war of attrition" will continue while prices gradually decline toward its $40 per metric ton forecast by 2017.

Cecilia Jamasmie | May 27, 2015 | 3:25 am

Chile’s Codelco sues Vale, Brazilian Department of Mines over exploration license

After spending over US$3.3 million in exploration and development of the Liberdade copper project, Codelco is facing Vale's claims that it has an older and still valid licence for the property.

Cecilia Jamasmie | May 26, 2015 | 10:19 am

Fortescue shares skyrocket on Chinese investment rumours

The stock surged over 15% in early trade, closing at A$2.40, or 10.6% up, after reports of Chinese-linked companies seeking permission to invest in the iron ore producer.

Cecilia Jamasmie | May 26, 2015 | 7:15 am

China’s Zijin inks deals with two Canadian firms on the same day

Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.

Cecilia Jamasmie | May 26, 2015 | 5:40 am

Barrick sells 50% in Papua New Guinea unit to China’s Zijin

The deal is part of a long-term strategic cooperation agreement that will see Zijin and Barrick collaborate on future projects and joint investments.

Cecilia Jamasmie | May 26, 2015 | 3:50 am

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Anglo sticks to 2020 output goals after Q2 slump

Barrick sees 15% drop in Q2 gold output

ESG to play a greater part in post-covid mining – survey

Covid-19 disrupts $8.8 billion of global mining output

Kinross study pegs Lobo-Marte capex at $1 billion

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