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Russia’s Polymetal has revised investment plans to focus on less capital-intensive projects after agreeing to buy Kazakh reserves.
The country has amended rules that prevented mining companies claiming refunds on value-added tax payments.
The proposal will keep production that powers more than 60% of India’s generation capacity going, while potentially jeopardising several projects.
Brisbane-based PanAust says the Papua New Guinean may cost about $1.7 billion, and less if it takes a staged approach to the mine’s development.
Gina Rinehart, a mining billionaire, eyes September for production at a new iron ore mine.
Industry veteran and incoming CEO Nelson Pizarro was nicknamed "scissorhands" for his agile management of mining projects.
Mexico's environmental prosecutor Profepa said it had imposed a new partial order of closure on the mine
Some of Rand Refinery’s workers at its operations in Johannesburg embarked on a strike last week.
The government has vowed to continue search efforts for several workers that remained stuck underground.
The Chilean miner reported a rise in its first-half output but a slide in the market price of copper metal eroded profits.
The chamber of commerce mining committee is lobbying president-elect, Joko Widodo, to relax a 7-month-old ban on unprocessed ore exports.
St Barbara Ltd, which is seeking an exit from the Gold Ridge operation, has seen the value of its notes tumble last week.
The main threat to this new market optimism comes from China. Production there is still rising.
According to weekly data, half of India's thermal power stations have less than a week's supply of coal on hand.
The $9.6 billion Sino Iron project has sold 1.4 million tonnes of iron ore so far, after starting exports more than 3 years behind schedule.
Vale dropped the most since April, capping the longest losing streak in 8 months, as slumping iron ore prices dimmed earnings prospects.
The Dominican Senate approved a measure yesterday creating a protected area at Loma Miranda, home to the Falcondo mine.
Two miners may have been killed in the collapse at the Bonanza mining project.
Maya Gold & Silver reports 2,900 tonnes material @ 105.5 g/t Ag processed so far as it ramps up Zgounder.
Premiums have risen suggesting that Indians are making their gold purchases ahead of Diwali.
The Russian miner, hit by a fall in gold prices in 2013, is continuing refinancing talks with bondholders and banks over relaxing debt covenants.
Today's precious metal price round-up from Bullion Desk.
Glencore has been selected by the government as the 'preferred proponent' for the Aurukun bauxite project in northern Australia.
The miner posted a $13 million net profit versus a $245 million loss a year ago as sharply higher output offset weaker iron ore prices.
Intrepid’s offer would inject needed funds to help pay for pre-development work on the Kitumba copper project.
BHP Billiton CEO Andrew Mackenzie has said the company is in talks with potential buyers for all or part of Nickel West.
Fortuna Silver reaps the rewards of 2014 drilling with extensive new silver-gold resources.
But one analyst notes: “Gold proved able to hold its own yesterday despite what was actually a relatively negative environment."
CEO Vitaly Nesis expects prices of the precious metals to remain near current levels next year.
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