Mining.com

By Valentina Ruiz Leotaud Victorio Palangdan, the mayor of the town of Itogon located in the northern Philippines’ Benguet province, reported that typhoon Mangkhut caused a landfall on Saturday and that dozens of people, mostly small-scale miners and their families, were feared to have been trapped underneath the huge pile of mud and rocks. Palangdan […]

By Bloomberg News Anglo American Plc has quietly become a commodities trader. In just five years, the century-old miner assembled marketing operations that now sell more metals than the company produces. Yet the trading business gets barely a mention at presentations by Anglo executives or in analyst reports, taking a back seat to mines that

By Bloomberg News Barrick Gold Corp. may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations, Executive Chairman John Thornton told the Globe and Mail newspaper. The Toronto-based company has slashed middle management by half to about 700 and “we want to get it down to 300,” Thornton, who’s been in his

By Reuters (Bloomberg) — The Democratic Republic of Congo’s government will soon announce which minerals are to be designated “strategic” and subject to a 10 percent royalty rate, the mines minister said. Congo’s updated mining code, signed by President Joseph Kabila in March and applied since regulations were finalized in June, introduced new taxes and

By Reuters MUMBAI/BENGALURU, Sept 14 (Reuters) – Physical gold buying waned in major Asian centres this week as bullion prices rebounded from recent lows, with dealers in India offering the metal at a discount for the first time in over a month as an uptick in local rates moderated demand. In India, the world’s second-biggest

By Cecilia Jamasmie Canada’s Centerra Gold (TSX:CG) won’t have to cut output at its central British Columbia-based Mount Milligan copper-gold mine, as it has been granted earlier than anticipated approval to use certain short-term water sources, the company said Friday. Operations at the mine, which relies on the snowmelt runoff from the surrounding mountains to

By Proven and Probable Christopher McFadden, CEO of NxGold, discusses with Maurice Jackson of Proven and Probable his company’s two far-flung exploration projects. Video Audio Transcript Maurice Jackson: Joining us today is Christopher McFadden, the president, CEO, and director of NxGold where the focus is on high-grade gold in world-class districts. Mr. McFadden, for someone

By Reuters LIMA, Sept 13 (Reuters) – South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million, the company’s vice president for the Americas said late on Wednesday. “We’re doing studies with Peruvian consulting firms and

By Total Paris, September 13, 2018 – Total, the 4th largest international energy company has been awarded a 4-year contract with Newcrest’s Lihir Gold Mine in Papua New-Guinea (PNG), following a competitive tender process that began last November. During the term of the contract, Total will be supplying 14 million litres of lubricants to the

By Proven and Probable Video Audio Transcript Maurice Jackson: Joining us for a conversation is Dr. John-Mark Staude. He is the president, the CEO, and director of Riverside Resources, Where Knowledge is Golden. Dr. Staude, welcome to the show, sir. John-Mark S.: It’s great to be on the show, Maurice. Maurice Jackson: Riverside Resources has