Gold price jumps to 10-month high
Gold should “break free” in 2019 amid a scarcity of safe havens says SocGen.
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Chilean watchdog could fine Lumina Copper up to $35.9B for environmental breach
It’d be the country’s highest ever fine on a mining company.
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Canada clears Newmont’s $10B merger with Goldcorp
The companies announced their planned all-share tie-up in January, just two weeks after the Barrick-Randgold merger was finalized.
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Vancouver miner withdraws from Chilean lithium project due to community opposition
LiCo Energy Metals miner said that management decided to leave Purickuta due to “unworkable property conditions.”
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Barrick’s CEO visits Papua New Guinea to support extension of the Porgera mining lease
“Without the security of an extended mining lease, it would be difficult to justify further significant investments in the mine,” a statement by the Canadian miner reads.
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Waterton steps up efforts to oust Hudbay Minerals’ CEO, board
Toronto-based private-equity firm Waterton Global Resource Management is pushing for an overhaul Hudbay Minerals’ board and the exit of the current chief executive, Alan Hair, over alleged “mismanagement.”
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BHP urges miners to create global body to oversee tailings dams
CEO Andrew Mackenzie said it was too early to say what impact the recent Vale tailings dam disaster will have on efforts to restart BHP and Vale’s jointly owned Samarco mine, shut since November 2015 after a dam collapse killed 19 people.
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Canada lithium mining hopeful takes another big hit
A week after cost blowout sent the stock crashing Quebec lithium mine developer Nemaska is forced to terminate major supply agreement, pay penalties.
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These 20 analysts forecast gold price above $1,400 in 2019
Two-thirds of 30 analysts polled by the LBMA see double digit gains for the gold price 2019, but the ride will be bumpy.
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Recommissioned Aussie mine dispatches first nickel concentrate shipment to China
Panoramic Resources’ first shipment from the Savannah mine contained 7,735 wmt of nickel/copper/cobalt concentrate valued in approximately $6.1 million.
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