Miners need to adopt next-generation values to battle reputation crisis, says Anglo American boss
Mark Cutifani says that, regrettably, the mining industry is still seen as one that takes more than it gives.
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Newcrest divests Gosowong for $60 million
The move comes after the government issued a mandate in 2018 stating that major mines have to be at least 51% owned by Indonesian companies.
Newcrest divests Gosowong for $60 million Read More »
Loulo-Gounkoto beats 2019 guidance, pioneers Barrick’s first solar power project
It will add 20MW to the complex’s grid, reduce the unit cost of its power and cut carbon emissions by 40,000 tonnes per year.
Loulo-Gounkoto beats 2019 guidance, pioneers Barrick’s first solar power project Read More »
Alrosa would reopen Mir diamond mine in 2024
Determining the viability of resuming operations requires deep level exploration — down to -1,300 metres — and will cost about $32 million.
Alrosa would reopen Mir diamond mine in 2024 Read More »
Kibali mine beats guidance with record 2019 output
The mine’s roducton exceeded its 2019 production guidance of 750,000 ounces by a substantial margin.
Kibali mine beats guidance with record 2019 output Read More »
Worst drought in years pushes Anglo to sign water deal with Codelco
Water scarcity was blamed for the operation’s production drop in 2019.
Worst drought in years pushes Anglo to sign water deal with Codelco Read More »
Newmont leading on environmental responsibility, gender balance
The company was recognized by the Carbon Disclosure Project, Bloomberg and others.
Newmont leading on environmental responsibility, gender balance Read More »
Codelco kicks off production at El Teniente expansion ahead of schedule
Phase one was completed 15 months ahead of schedule and for $50 million less than originally expected.
Codelco kicks off production at El Teniente expansion ahead of schedule Read More »
Barrick irons out issues in Tanzania with “historic” deal
Agreement formally ends a long-running tax dispute, setting a template for negotiations with other firms.
Barrick irons out issues in Tanzania with “historic” deal Read More »
BHP sees little impact from Chile unrest
BHP hits record throughput at 1.2mt Escondida mine and expects full year stoppages related to political upheaval in the country would only cost 7,000 tonnes.
BHP sees little impact from Chile unrest Read More »