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Century expansion options outlined

By: Esmarie Iannucci     Updated 3 hours ago An expansion study at the Century zinc mine, in Queensland, has highlighted the potential for a mine life extension through to mid-2026, ASX-listed New Century Resources has reported. New Century is currently undertaking a tailings operation at the mine, which started in August last year, and is... 

MOD backs improved A$167m offer from Sandfire

By: Esmarie Iannucci     Updated 3 hours ago Copper miner Sandfire Resources has made an improved A$167-million takeover offer for Africa-focused copper developer MOD Resources. Under the offer agreement, each MOD shareholder could elect to receive either 45c in cash for each of their shares, capped at A$41.6-million or 25% of the overall... 

Rio and ArcelorMittal tell different sides of iron-ore story

By: Bloomberg     21st June 2019 In the world of metals and mining, sometimes it’s better to sell the raw product rather than the finished one. This seems to be a lesson for investors who chose to hold shares in ArcelorMittal rather than Rio Tinto Group this year. Despite nagging trade tensions and fears about global growth,... 

Azure’s Mexico project receives all regulatory approvals

By: Simone Liedtke     21st June 2019 ASX-listed Azure Minerals has received all regulatory approvals necessary for its planned mining operation at Oposura, Mexico, including openpit and underground mining permits, environmental clearances, explosives permits and surface land-use agreements. The fully-funded zinc/lead/silver project... 

Sandfire replaces ore reserves at DeGrussa

By: Creamer Media Reporter      21st June 2019 An updated ore reserve for the DeGrussa mine, in Western Australia, has extended the copper/gold operation’s mine life to mid-2022, ASX-listed Sandfire Resources reported on Friday. The company’s latest reserve and mineral resource update for DeGrussa includes the Conductor 1, Conductor 4 and... 

Tailgates a solution for haulage product loss

By: Halima Frost     21st June 2019 Since receiving an Autogate tailgate manufactured by specialised tailgate manufacturer Philippi-Hagenbuch (PHIL), aggregate business Caldwell Stone Company has reported an increase in productivity at its quarrying site. An upturn of between 12% and 15% in volumetric capacity on its haul truck has... 

Award winning software company ESS Engineering Software Steyr poised to make its mark at Mining Investment London Conference

20th June 2019 Mining Investment London Conference and Exhibition www.mininginvestmentlondon.com, part of the global Mining Investment Conference Series. will be returning to London for the 3rd time from 19 – 20 Sep 2019 and ESS Engineering Software Steyr, an award-winning global software company based in... 

Ignored by big banks, smaller gold miners are paying more to expand

By: Bloomberg     20th June 2019 The cost of money is rising for small and mid-sized gold miners. Newmont Goldcorp and Barrick Gold, the biggest producers, have grown even bigger by buying up peers, shaping themselves as strong candidates for commercial bank lending. Meanwhile, smaller companies struggling to meet deadlines and... 

QRC warns of higher gas prices

By: Esmarie Iannucci     17th June 2019 The Queensland Resources Council (QRC) has warned that the 2.5% increase in gas royalties would likely be passed on to consumers, as Premier Annastacia Palaszczuk fended off calls to delay the royalty hike. “It was a Labor government that set up the liquefied natural gas (LNG) industry in this... 

Ramelius unveils million ounce plan

By: Esmarie Iannucci     17th June 2019 Gold miner Ramelius Resources has unveiled a one-million ounce life-of-mine plan for its Western Australian operations, with its newly acquired Tampia project to play a significant role in the future production. Ramelius on Monday said that the new mine plan confirmed the company’s ability to... 

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