Mining.com

By Valentina Ruiz Leotaud It’s been a decade since the Argentinian government last polled its mining sector but this week some results from a census carried out in 2106 were made public. According to the document the National Institute of Statistics and Census made available online, over 1,500 mining companies were operating in the South […]

By Valentina Ruiz Leotaud Researchers at Vanderbilt University in the U.S. have developed a technique that allows gold to actually ‘shine’ inside 3D printed parts to highlight any problems. The scientists used particles of gold that are 100,000 times thinner than a human hair and that show up as a deep maroon colour. The elements

By Valentina Ruiz Leotaud South America-focused Miramont Resources Corp. (CSE: MONT) announced that it has entered into an option agreement to acquire the rights to the Milenos 32 concession adjacent to its Cerro Hermoso project in Peru. With this acquisition, the combined area of the project has increased to 1,318 hectares. Cerro Hermoso is located

By Reuters MUMBAI/BENGALURU, July 13 (Reuters) – Demand for physical gold in India picked up this week as prices fell to a five-month low, but buyers in other major centres in Asia awaited a bigger correction before placing orders, traders and analysts said. “In last few days the rupee and international prices are moving in

By Valentina Ruiz Leotaud  For Ian Ball, President and CEO of Abitibi Royalties (TSX-V: RZZ), the type of mining activities taking place a the Canadian Malartic mine represent a paradigm shift, who talked to MINING.com in March at PDAC. Abitibi is focusing its efforts on one of Canada’s largest gold mines, which is located

By Cecilia Jamasmie Ecuador-focused miner SolGold (LON:SOLG) (TSX:SOLG) said Friday it had intersected copper and gold deposits while drilling at Alpala and Aguinaga prospects its 85%-owned Cascabel copper-gold project, in northern Ecuador. Extension drilling at Alpala Central was expected to extend the high-grade mineralization along the lower and northeast margins of the deposit, located about

By Michael Allan McCrae McKinsey tracked 2.8 per cent per annum increase in productivity between 2014 and 2016 mostly due to mines reducing headcounts and limiting spending, says the consultancy in a study published last month. Data is still pending, but McKinsey believes the productivity trend is continuing. McKinsey measures mine productivity using its MineLens

By Bloomberg News Freeport-McMoRan Inc. still has some work to do in Indonesia. The company signed a framework accord to cede majority control of its giant Grasberg copper and gold mine, but it leaves key points unresolved. The proposed arrangement, unveiled in Jakarta overnight, would see state-owned PT Indonesia Asahan Aluminium, or Inalum, pay $3.85

By Cecilia Jamasmie World’s No.2 miner Rio Tinto (ASX, LON, NYSE: RIO) said Thursday it had sold its 40% stake in the world’s second-biggest copper mine, Grasberg, for $3.5 billion to Indonesia’s state mining company PT Inalum. Rio had a joint venture with Freeport-McMoRan (NYSE:FCX), operator of Grasberg, for a 40% share of Grasberg’s production

By Reuters TORONTO, July 11 (Reuters) – Canada’s Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine in Zambia. Barrick, which looks likely to lose its rank as the world’s biggest gold producer this year,