PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company, which produces copper concentrates from fresh and historic tailings at Codelco's El Teniente mine, said it set new production records in 2018 at Minera Valle Central.Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe majority investor, which had in recent months bolstered its Hudbay position to 11.9%, said it was embarking on its first proxy fight to address Hudbay's chronic underperformance.Read More
Analysts at Fitch Solutions are feeling bullish from spot levels on nickel, lead, copper, tin and gold over 2019, but are bearish on iron and coal, according to new reports on mining the Americas.The outlook for Americas mining remains positive over the coming years, but miners will face challenges from tension over water usage from local communities if El Ni??o strikes and political uncertainty s...Read More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
ATAC Resources of Vancouver has received the final assays from the 2018 exploration program at the Rau project. Rau is located at the western end of the company's Rackla property 55 km northeast of Keno City.The company says its exploration program points toward multiple intrusive related systems on the property - of which the Rackla Pluton is only one. Intrusive polymetallic mineralization has be...Read More
Poland's copper producer KGHM expects an average copper price this year at $6,100-$6,300 per tonne, the company's Chief Executive Marcin Chludzinski said on Wednesday."We refer to lower end of copper price range forecast by analysts and we assume an average copper price at $6,100-$6,300 per tonne. I think this is realistic, today the price has neared $6,000," Chludzinski told Reuters.(Reporting by...Read More
Hudbay Minerals' (TSE, NYSE: HBM) second-largest investor, Waterton Global Resource Management, is seeking to oust the Canadian miner's chief executive officer and overhaul its board.The private-equity firm, which holds about 12% of Hudbay, wants to replace eight of the board's 10 members with its own nominees and, as part of its plan, wants former Nevsun Resources CEO, Peter Kukielski, to lead th...Read More
Precipitate Gold (TSXV: PRG) and Everton Resources signed the final papers through which Precipitate acquired ownership of all of Everton's Dominican Republic exploration concessions, consisting of Pueblo Grande project, adjoining Barrick and Goldcorp's Pueblo Viejo gold-silver mine, and the Ponton project, located 30 kilometres east of Pueblo Grande."We are pleased to have completed our due dili...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutJanuary in Australia is a hopeless time to get anything done. It's rather like August here in the UK, but worse.Read More
Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Minexia's NR Market platform is offering "competitive" commission rates for issuers of capital when compared...Read More
Some of the mining world's top executives are starting to plan their departures, driving speculation about who will lead their companies into the next decade.The changing of the guard raises the prospect of a strategic shift, as the industry searches for ways to enthuse investors after a belt-tightening era characterized by asset sales and cost control.Here, based on conversations with executives...Read More
Electric cars are better for the environment than traditional gasoline models, and that benefit will grow as power generators shift away from coal.That's the conclusion of research by BloombergNEF, which found carbon dioxide emissions from battery-powered vehicles were about 40 percent lower than for internal combustion engines last year. The difference was biggest in Britain and the U.K., which h...Read More
Lawyers for Vedanta Resources told England's Supreme Court on Tuesday that a case raised against the mining company by nearly 2,000 Zambian villagers should be heard in Zambia not London.India-listed Vedanta, which delisted from London last year but maintains a legal base in Britain, is appealing a lower court ruling that a case in which villagers alleged their land was polluted by a Vedanta unit...Read More
The Spain-focused miner produced 42,114 tonnes of copper in 2018 at Proyecto Riotinto, up 13% on 2017 and above the increased high-end guidance of 41,000t.Read More
* China 2018 unwrought copper imports at 5.3 mln T - customs* December imports down 4.7 pct at 429,000 T - customs* Copper concentrate imports hit record 19.72 MT in 2018* Scrap ban boosts demand for other forms of copper - analyst (Adds official Dec numbers, background, analyst comment)BEIJING - China's unwrought copper imports rose 12.9 percent to a record annual high of 5.3 million tonnes in 20...Read More
OSLO - Resource-rich Argentina is expected to join the international transparency standard for managing oil, gas and mineral resources, the Extractive Industries Transparency Initiative (EITI) said on Monday, which could make it more attractive for investors.The global initiative, launched by Britain's former prime minister Tony Blair in 2002, requires member countries to disclose how they allocat...Read More
Gold miners' exchange-traded funds are surging with gold powering higher. These mounting gains are naturally fueling growing interest in the leading gold-stock investment vehicles. Traders looking to deploy capital are wondering which major gold-stock ETF is superior, offering the best balance between upside potential, component fundamentals, and risks. GDXJ takes the crown, besting its larg...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedRio's wholly owned Kennecott Exploration Company (KEX) will join Valor at its Berenguela copper-silver-manganese project in south-east Peru.Read More
The Titanic, arguably the world's most famous shipwreck, could have been prevented if the rivets in the steel plates of its hull had contained additional manganese, saving 1,500 lives.Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More