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Peru says to issue final permit for Southern Copper mine in days

Peru said on Thursday it will issue the long-awaited environmental permit for Southern Copper's Tia Maria project by Monday, removing the final hurdle to construction on the stalled $1.4-billion project. Deputy Mines Minister Guillermo Shinno...
1st August 2014

Brazil's Vale profit falls; prices undermine record output

Brazilian miner Vale posted a sharp decline in profit from the previous quarter as lower iron-ore prices undermined record production of the steel-making ingredient. Vale, the world's largest producer of iron ore, reported second-quarter net...
1st August 2014
Mine Profile

Alamo Dorado mine, Mexico

A silver mine located 45 km south-southeast of the town of Alamos, in the south-east corner of the state of Sonora, near the border of Sinaloa, in north-west Mexico.
1st August 2014

Bissett Creek graphite project, Canada Restricted

An updated preliminary economic study indicates that the Bissett Creek project has very attractive economics even at or below current depressed graphite price levels.
1st August 2014

Boikarabelo coal project, South Africa Restricted

Resource Generation is undertaking the development of some projects at its Boikarabelo mine, while it works to find a new earthworks contractor for the operation.
1st August 2014

Cutifani backs Cyril’s strike ballot, gold refinery gets financial help, Amplats backs mechanised mines

The enforcement of strike ballots is on the cards; gold mining companies have come the financial aid of the Rand Refinery; and Anglo American Platinum is entering a mechanised era.
1st August 2014

Gold miner increases production, cuts costs

AngloGold Ashanti continues to invest in its US-based gold mine
Gold mining major AngloGold Ashanti increased production by 17% and decreased production costs by 22% in the first quarter of this year, according to a press statement that also revealed the company’s adjusted headline earnings to be...
1st August 2014

Gold miners need to focus on cost accounting

Cost accounting enables mining companies to identify the different costs associated with different grades and other mining parameters
With gold mining companies looking for ways of reducing costs amid the recent price decline, implementing area cost accounting analysis will help mining companies that do not already use this information to identify the profitable and...
1st August 2014

Iron-ore price slide to continue to 2017 – Wood Mackenzie

Wood Mackenzie forecasts significant growth for Australian and South American iron-ore production
The iron-ore price dropped to below $100/t last month, and international research firm Wood Mackenzie forecasts that the price will continue to drop to below $90/t in real terms until 2017, before some light is expected to appear at the end of the...
1st August 2014
Mining Personality

Louw Smith

Main Activity of the Company: Nordgold is a pure-play emerging-markets gold producer established in 2007. In 2013, Nordgold’s nine mines, located in the Commonwealth of Independent States and West Africa, produced 924 400 oz of gold Date and...
1st August 2014

Makabingui gold project, Senegal Restricted

Bassari Resources is considering several options to fund the development of the project.
1st August 2014

Mozambique coal projects set to change hands while Maputo ponders aid to sector

It has been reported from New Delhi that India’s International Coal Ventures Private Limited (ICVL) was set to buy 65% of the Benga coal operation in the Tete province of Mozambique as well as two other coal projects – Tete East and Zambeze...
1st August 2014
Topic Multimedia
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