https://www.miningweekly.com
R/€ = 15.63 Change: 0.01
R/$ = 13.94 Change: 0.00
Au 1428.14 $/oz Change: -11.02
Pt 850.41 $/oz Change: -5.03
 

Reuters

Newmont Goldcorp resumes operations at Peñasquito

17th June 2019 Newmont Goldcorp said on Monday it had resumed shipping concentrate from the Peñasquito gold mine in Mexico after a blockade by a trucking contractor and some members of the Cedros community was lifted. Operations at the mine were temporarily suspended since April 29. 

Gold rally narrows Acacia Mining, Barrick Gold offer gap ahead of deadline

17th June 2019 Ahead of Tuesday's deadline for Barrick Gold Corp to make a firm buyout bid for its Acacia Mining unit, a gold rally has eroded, but not eliminated, a discount and big Acacia shareholders say they still oppose the offer. Barrick must either firm up its proposal to acquire the 36.1% of Acacia it... 

Non-disclosure of dam safety risks could prompt big investors to pull out

17th June 2019 Investors with a combined $12.5-trillion in assets, including the Swedish National Pension Funds and the Church of England, could review their stakes in resource companies that use storage dams if they do not release information to assess safety risks. The safety of dams used to store mining... 

Chuquicamata copper mine operations halved amid strike - Codelco

17th June 2019 Chile's Codelco said on Monday that its Chuquicamata copper mine, one of the world´s largest, had maintained output at 50% of capacity as it faced its fourth full day of a union strike. More than 3 000 unionised workers at the world's top copper producer's sprawling Chuquicamata copper mine... 

Protesters agree to lift Newmont Goldcorp blockade in Mexico

17th June 2019 Mexican protesters agreed to lift a blockade at Newmont Goldcorp's Penasquito mine on Friday, according to a government document seen by Reuters, ending a standoff that led to the mine stopping production for more than a month. An official at the Interior Ministry, which issued the document... 

London Metal Exchange slaps alcohol ban on open outcry traders

14th June 2019 The London Metal Exchange has banned open outcry traders from consuming alcohol during the day, it said on Friday, joining other London firms in halting a culture of boozy lunches. In the past, LME traders, along with many other financial service workers, had a culture of heading to the pub at... 

Workers begin strike at Chile's sprawling Chuquicamata copper mine

14th June 2019 More than 3 000 unionised workers at Codelco's sprawling Chuquicamata copper mine walked off the job early Friday morning after failing to reach a labour deal earlier this week with Codelco, the world's top producer of the metal. Chuquicamata unions 1, 2, and 3 rejected a contract offer from the... 

European lithium projects gain attention amid push toward EVs

14th June 2019 European lithium projects are making a fresh push for capital, eager to supply the white metal to a burgeoning network of battery manufacturers and electric vehicle makers across the continent, the world's second-largest EV market after China. A regional EV supply chain would help achieve... 

Omnia flags full-year loss

14th June 2019 South African chemicals and fertiliser maker Omnia Holdings said on Friday it expected to report a full-year loss as drought, a volatile currency, changes in the mining industry and difficult global trading conditions weighed on earnings. The firm said the headline loss per share, the main profit... 

Acacia investor Odey against any 'best and final' offer from Barrick

14th June 2019 British hedge fund Odey Asset Management said on Thursday it would reject any offer from Barrick Gold for its stake in Acacia Mining that is framed as "best and final", becoming the second Acacia investor to publicly oppose the Canadian mining giant's buyout proposal. "Odey is not rejecting any... 

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Close