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Outotec to design a copper smelter in Indonesia

14 November 2018 - 01:59
Outotec has signed a contract for the Front-End Engineering Design (FEED) of a new copper smelter to be located at Benete Bay in Sumbawa, Indonesia.

Torex sets record gold and mine production in Q3

9 November 2018 - 10:59
Torex Gold (TSX: TXG; US-OTC: TORXF) set a new record for gold production in 2018’s third quarter.

Copper, gold mines now likely cheaper to construct than to buy-research

5 November 2018 - 23:18
The cost of building a copper or gold mine is likely to be cheaper than buying an existing one, dampening the prospect of big merger activity in the mining sector, S&P Global Market Intelligence said, citing in-house research.

CSR: EcoVadis Gold level for the 6th consecutive year

28 October 2018 - 22:29
In 2018, Fives confirmed its position in the category of Gold supplier and is again among the top 1% of the companies best rated by EcoVadis, a rating platform of corporate, social and environmental policies (CSR).

Protesters force Aura Minerals to suspend operations in Honduras

28 October 2018 - 22:07
In recent days, mid-tier gold and copper miner Aura Minerals (TSX:ORA) decided to suspend operations at its San Andrés mine in Honduras due to what the miner calls ‘an illegal occupation of the mine’ that has been intensifying since July 13, 2018.

Zimbabwe’s government to give mining claims to artisanal diamond miners

28 October 2018 - 21:59
The president of Zimbabwe Miners Federation, Henrietta Rushwaya, announced that villagers living around the Marange diamond fields in the eastern Manicaland province will be allocated claims to extract gems as part of government plans to empower the communities through mining.

US Again Warns About Iran’s Financial Activities

13 October 2018 - 17:31
As part of its continued pressure campaign on Iran, the US government has issued an advisory to help US financial institutions (particularly banks; money services businesses (MSBs), such as virtual currency administrators and exchangers; and dealers in precious metals, stones, and jewels) better detect "potentially illicit transactions" related to the Islamic Republic.

LMEprecious – has the initiative delivered what it set out to for the precious metals market?

30 September 2018 - 20:41
The launch of LMEprecious last year aimed to complement and reinforce the existing London precious metals trading market.

Small-scale miners trapped by landslide in the Philippines

18 September 2018 - 02:40
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.

Asia Gold-India shifts to discount; buying tapers off elsewhere as prices gain

18 September 2018 - 02:37
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.
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