Month: February 2019

World's biggest platinum miners ask court to block strike

Anglo American Platinum Ltd., the world’s top platinum-group metals supplier, and other producers want the Association of Mineworkers and Construction Union to be denied the legal right to start a seven-day strike at platinum mines on Feb. 28. The walkout...

/ February 28, 2019

Indonesian rescuers pull survivors from collapse of illegal gold mine

* Emergency teams looking for 37 buried by disaster * Spades, ropes used to search muddy hillside for survivors * At least 4 killed, 19 rescued – disaster agency and media * Illegal mine situated in North Sulawesi province *...

/ February 28, 2019

Eskom's Molefe 'stonewalled' Glencore South Africa, ex-CEO Says

South Africa’s state-owned power utility refused to renegotiate a coal deal with a mine owned by Glencore Plc’s local unit and tried to penalize it for supplying sub-standard fuel, resulting in the operation being placed in bankruptcy protection and being...

/ February 28, 2019

Exyn introduces robots into Dundee Precious Metals’ gold mines

Exyn Technologies and Dundee Precious Metals (TSX:DPM) announced this week that they have joined forces to automate the latter’s underground gold mining operations. The first step to achieving such a goal was that Exyn’s Autonomy Aerial Robots or A3Rs were...

/ February 28, 2019

TerraX’s Yellowknife City Gold property gets land use permit

TerraX Minerals (TSXV: TXR) announced that the Mackenzie Valley Land and Water Board in Yellowknife, Canada, issued a Land Use Permit that approves the company’s exploration plan on all the land holdings of its Yellowknife City Gold property. The new...

/ February 28, 2019

Rio Tinto investors partying like it's 2014

Rio Tinto’s (ASX, LON:RIO) investors will be celebrating Christmas in February as the miner is giving them a $4 billion special dividend, or $2.43 cent a share, after posting its highest annual underlying earnings since 2014. The world’s second largest...

/ February 27, 2019

Rio Tinto may have found its next major copper mine in W. Australia

Mining giant Rio Tinto’s (ASX, LON:RIO) relentless search for a major copper deposit may have finally paid off as it announced it had made a promising find at its Winu prospect in Western Australia. “It is early days and we...

/ February 27, 2019

Goldcorp reveals names of three #DisruptMining finalists

Goldcorp has revealed the names of the three finalists that will pitch their ideas to the panel of judges at the #DisruptMining live finale Sunday, March 3 in Toronto. The event will be co-hosted by KPMG. The finalists – who...

/ February 27, 2019

Anaconda initiates feasibility at Goldboro

Anaconda Mining (TSX: ANX; US-OTC: ANXGF) began a feasibility study on Goldboro in February that it expects to finish by the end of 2019. The study will incorporate results from 22,000 metres of diamond drilling the company completed in 2017...

/ February 27, 2019

Brazil’s deadly dam collapse pushes miners to set global rules for tailings

The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Tuesday it would set an independent panel of experts in charge of developing a global standard for tailings facilities to be followed by...

/ February 27, 2019

OceanaGold reports maiden resource for WKP in New Zealand

OceanaGold Corp. (TSX: OGC; ASX: OGC) has published an initial resource estimate for its high-grade discovery at WKP, 10 km north of its Waihi gold mine in New Zealand. WKP contains 234,000 ounces of gold and 296,000 ounces of silver...

/ February 27, 2019

Congo and Zambia win fight with copper miners — but at a cost

Last year it was the Democratic Republic of Congo. This year it is Zambia. Both African countries have driven through draconian changes to their mineral tax regimes, overcoming the entrenched opposition of some of the world’s biggest mining houses. Both...

/ February 27, 2019