Anglo American (LON:AAL) won't resume production at its massive Minas Rio in Brazil until the fourth quarter of 2018 due to two pipeline leaks that forced it to halt operations in March, and which will cause the miner an annual group earnings (EBITDA) loss of $300 to $400 million.The announcement is the last of a string of difficulties Anglo has faced with the mine, which was expected to produce...Read More

The Peruvian Ministry of Energy and Mines announced today that it expects to reach $20.8 billion in investments between 2018 and 2022, with 10 per cent of such investments filling up the country's coffers by the end of this year. In a press release made public by the state-owned Adina Peruvian News Agency, the government agency said the funds will be generated by three projects whose construction...Read More

http://allafrica.com/On 20 April 2018, the Zimbabwe Environmental Law Association (ZELA) accompanied ambassadors from European Union countries during their field visit to the Zimbabwe Consolidated Diamond Company (ZCDC) mining operations in Marange in the east of the country. One interesting observation was the fresh fence erected on Anjin’s concession, an air strip clearance and the presenc...Read More

KIBALI, DRC / ACCESSWIRE / April 23, 2018 / The successful commissioning of the automated materials handling system at Kibali gold mine's underground operation is supporting the planned ramp-up in production, Randgold Resources' chief executive Mark Bristow said here today.Bristow told a briefingRead full newsRead More

KIBALI, DRC / ACCESSWIRE / April 23, 2018 / The successful commissioning of the automated materials handling system at Kibali gold mine's underground operation is supporting the planned ramp-up in production, Randgold Resources' chief executive Mark Bristow said here today.Bristow told a briefingRead full newsRead More

Barrick Gold Corp said on Monday it was done selling assets to cut debt and would instead use funds from future sales for growth or to pay dividends, as it looks set to lose its rank as the world's biggest gold producer due to declining production.Read full newsRead More

A Canadian blockchain Company has received a major shipment of mining rigs for its European subsidiary.Blockchain Power Trust announced that 1,550 mining units arrived in Romania and is expected to be operational by the beginning of May 2018. This represents an aggregate of 21.7 petahash per second ...Read full newsRead More

ROUYN-NORANDA, Qu?(C)bec, April 23, 2018-- GLOBEX MINING ENTERPRISES INC. is pleased to announce that it has purchased a 2% Net Smelter Royalty on three claims that constitute the Kewagama Gold Mine Property ...Read full newsRead More

There's 80 times as much gold in one ton of cellphones as there is in a gold mine, says Federico Magalini, an expert on electronic waste. That means there's enormous potential for recycling - and yet most of us keep our old electronics at home. Lately, there's been a lot of interest in old electronics. Last week, Apple debuted Daisy, a robot that disassembles old iPhones to recycle the materials i...Read More

Bitcoin has hit a 40-day high and is up more than 4% in overnight trading, moving above the US$9,200 level. Its value has risen by more than a third over the last two weeks. The world's number one cryptocurrency now has a market cap of more than US$157 billion, still considerably down from ...Read full newsRead More

KIBALI, DRC / ACCESSWIRE / April 23, 2018 / The successful commissioning of the automated materials handling system at Kibali gold mine's underground operation is supporting the planned ramp-up in production, Randgold Resources' chief executive Mark Bristow said here today.Bristow told a briefingRead full newsRead More

Newcrest Mining has been approved to use the first 200 meters of open pit at Cadia as a storage facility for tailings beginning the first week of May.Read full newsRead More

Gold found its footing in the market when the US dollar lost some of its steam after reaching a three-month peak on the back of rallying US yields.Read full newsRead More

Vangold Mining Corp (TSXV:VAN; OTC:VGLDF) is pleased to announce that the Company will be participating in The Northern Miner - Canadian Mining Symposium at Canada House in London on April 24th and 25th.Read full newsRead More

Morning Market Breakdown, April 24: As commodities began making a comeback, the markets slowly trudged into the green Tuesday morning.Read full newsRead More

GREAT PANTHER SILVER LIMITED (TSX:GPR; NYSE American: GPL) ('Great Panther'; the 'Company') has scheduled the release of its first quarter 2018 financial results for Wednesday, May 2, 2018after market close.Read full newsRead More

Asante Gold Corporation (CSE:ASE) (FRANKFURT:1A9) (OTC:ASGOF) ("Asante Gold" or the "Company") announces that the Company has extended the expiry date of 6,115,000 share purchase warrants for an additional year.All the other terms and exercise conditions of the warrants remain the same as issued.Read full newsRead More

MELBOURNE, April 24 (Reuters) - New Century Resources has signed a deal to supply zinc to global trader Concord Resources Ltd, as it pushes to sell the final portion of production planned at its site in northern Australia, the company said on Tuesday.In the miner's fifth supply deal, Concord will take approximately 5 percent of production when it begins in the third quarter at the Century Zinc Min...Read More

HAVANA, April 24 (Reuters) - Cuba forecasts nickel plus cobalt sulfide production will exceed 50,000 tonnes this year even as prices rise, the head of the country's state monopoly Cubaniquel was quoted by local media as stating on Tuesday.Nickel is one of the cash-strapped Communist-run country's most important exports, but revenue from it has suffered in recent years due to a decline in productio...Read More

SANTIAGO, April 24 (Reuters) - The union of workers at BHP's Escondida copper mine in Chile, the world's largest, told Reuters on Tuesday it had made little progress on an early contract deal with management, making it "highly likely" that no agreement would be struck before official talks begin in June.The union accepted an offer to begin early negotiations with the Anglo-Australian miner in Marc...Read More