Infomine

By Michael Allan McCrae Talison Lithium plans to double its production at its Greenbushes facility in Western Australia through a $382 million expansion to around 1.95 million tons per year, according to a report by XINHUANET.com. Work is expected to start early 2019. “Greenbushes is a truly world-class mining operation with the capacity for significant […]

By Michael Allan McCrae Goldcorp reported a net loss of $131 million or 15 cents per share in its second quarter. Goldcorp attributed the loss to non-cash foreign exchange losses primarily arising on deferred tax balances. The company reconfirmed 2018 guidance for gold production of 2.5 million ounces, plus or minus 5 per cent, and

By Cecilia Jamasmie Tianqi Lithium is investing an extra A$516 million ($382 million) to increase lithium production at its Greenbushes mine in Western Australia, the world’s largest hard rock lithium operation, as demand for the key ingredient to build batteries that power electric picks up. Project operator Talison Lithium, a joint venture between Tianqi and

By Michael Allan McCrae Vale announced an adjusted EBITDA of US$3.9 billion in Q2 with iron ore production of 96.8 tonnes and sales of 86.5 tonnes. Iron ore production was 4.9 tonnes higher than the same period a year ago. Vale’s net operating revenues were US$8.616 billion. Vale said capital expenditures have reached the lowest

By Cecilia Jamasmie The ongoing trade war between the United States and China has forced the Chilean Copper Commission (Cochilco) to revise downwards its average copper price prediction by $0.06 per pound to $3. The state agency also said it expected the metal’s price to climb back upwards next year, reaching $3.10 per pound. In

By Natalie Latuszek Bryah Resources (ASX:BYH) has one-year exploration option on Horseshoe South Manganese Mine, a large manganese mine that produces about 1 million tonnes of manganese ore. Under the exclusive option, Bryah has the right to purchase the historic Horseshoe South Manganese Mine lease and exploration rights to 154 square kilometre, expanding onto Bryah

By Cecilia Jamasmie More than 3,000 Australian investors in BHP (ASX, NYSE:BHP) have turned threats into action by launching a class action against the world’s No.1 miner for allegedly misleading them over the 2015 collapse of a dam at the Samarco iron ore mine in Brazil, which killed 19 people and became the country’s worst

By Cecilia Jamasmie Canada’s Nutrien (TSX, NYSE:NTR), the world’s largest potash miner, said Monday it was selling its 28%-stake in Arab Potash Co to China’s State Development and Investment Corp (SDIC), for $502 million. SDIC Mining Investment, a subsidiary of SDIC, will become the majority shareholder in Arab Potash after the transaction, which is expected

By Valentina Ruiz Leotaud Russian giant Alrosa (MCX:ALRS) confirmed that diamond mining at its Zarya deposit will start in 2019. In a press release, Alrosa explained that after removing 10 million cubic meters of overburden for over two years, the development of the new deposit is going as planned and is entering the final stages.

By Sue Kihn Being alone and missing key family events can wear on fly-in, fly-out workers, says Craig William, an Australian-based miner. “Isolation is, in my opinion, the biggest challenge faced by FIFO workers,” says Williams. “How this affects people varies – some can cope, others cannot. Missing out on key moments in kids’ life