jueves, 26 de julio de 2018

Barrick Gold reports Q2 loss of US$94 million

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Thursday 26 July 2018
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Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo.

BHP has offer workers a signing on bonus of $27,000, up from an earlier offer of $23,000, plus a 1.5% salary increase, but still well under the bonus up to $43,000 and 5% increase demanded by Escondida's union.

The Canadian streaming firm has bought all of Stillwater's gold production for the life of the mine and, initially, also 4.5% of its total palladium output.

Guidance reconfirmed.

DRC's Kibali is moving from underground mining by contractors to owner-mining, as has already happened at the company's Loulo mines in Mali.

Production in the second-quarter of the year jumped 6.1% to 163,200 tonnes, as higher output at its Centinela and Antucoya mines mitigated declines at Los Pelambres and Zaldívar.

The expansion, on top of a $238 million upgrade due for completion in April, will double the mine's production to 1.95 million tonnes a year of lithium concentrate a year from 2020.

Some 200 members of the United Steelworkers (USW) at Mount Polley mine near Williams Lake, B.C., are set to vote on a tentative agreement following an eight-week strike in response to a company lockout and attempts to extract concessions.

Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, reported bigger-than-expected earnings on Wednesday, as production and prices soared above last year.

U.S. tariffs on auto may hugely impact on Japanese industries.

Base Titanium posts record quarterly production of the mineral rutile in Kenya.

Four companies are negotiating – Sibanye-Stillwater , Harmony Gold, AngloGold Ashanti and a smaller producer, Village Main Reef- under the auspices of the Minerals Council South Africa industry group.

Locking in supplies of key battery raw materials lithium and cobalt has been a headache for electric car manufacturers, but these days it's the supply of nickel and graphite that's keeping them up at night.

Canada's Lundin Mining Corp said Chief Executive Officer Paul Conibear is retiring and also reported a 3 percent rise in second-quarter profit on Wednesday.

MGX Minerals Inc entered into an Option Agreement with A.I.S. Resources (TSX.V: AIS) to acquire an 80% interest in the Salinitas lithium brine mining tenements located in the lithium triangle of Argentina, Salar de Salinas Grandes, Province of Salta.

Despite the fact that sustainable mining practices have been a concern for more than 50 years, they are now more important than ever and technology will be the driving force behind the effivient and sustainable delivery of raw materials.

Australian explorer Northern Minerals (ASX: NTU) is set to officially open their Pilot Plant on July 27 which marks a significant milestone in the Company's goal of becoming the most significant producer of Dysprosium outside of China.

TORONTO, July 25, 2018 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports additional encouraging exploration results from its ongoing $15 million exploration program at the Black Fox Complex near Timmins, Ontario, Canada. McEwen's 2018 […]

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