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Mongolia posts 6.9% economic growth in 2018
by Reuters on 15th February 2019 at 6:40 pm
Coal and copper generate almost 70% of Mongolia's total export revenues and most of its mining output is sold to neighboring China. The post Mongolia posts 6.9% economic growth in 2018 appeared first on MINING.com. […]
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Strike over job losses compounds South Africa blackout woes
by Bloomberg News on 13th February 2019 at 6:50 pm
While South Africa has suffered electricity shortages for more than a decade, the utility is at a crisis point and is seen as the biggest threat to the economy. The post Strike over job losses compounds South Africa blackout woes appeared first on MINING.com. […]
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SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk
by Bloomberg News on 13th February 2019 at 6:22 pm
The company said it failed to reach an agreement with a client in a dispute over a mining project in Latin America, prompting it to slash its profit forecast by more than 40% for the year. The post SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk appeared first on MINING.com. […]
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Colombia coal output likely to hold steady in 2019, companies say
by Reuters on 13th February 2019 at 5:11 pm
The Andean nation is the world's fifth-largest exporter of coal. The post Colombia coal output likely to hold steady in 2019, companies say appeared first on MINING.com. […]
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Operational risks and safety must be a top agenda in mining
by DuPont on 11th February 2019 at 9:54 pm
A gap in engagement between company leaders and front-line workers is critical to preventing and mitigating risks. The post Operational risks and safety must be a top agenda in mining appeared first on MINING.com. […]
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Sherritt International reports higher annual nickel production at Cuban JV
by Amanda Stutt on 14th February 2019 at 11:05 pm
The company’s share of finished nickel production at the Moa joint venture (JV) in Cuba and Saskatchewan, Canada was 4,294 tonnes, up 4% from last year. The post Sherritt International reports higher annual nickel production at Cuban JV appeared first on MINING.com. […]
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South32's Colombia ferronickel unit avoids strike with mine unions
by Reuters on 14th February 2019 at 7:07 pm
South32 produces nickel from ferronickel in an open pit mine near the municipality of Montelibano, in the western department of Cordoba. The post South32's Colombia ferronickel unit avoids strike with mine unions appeared first on MINING.com. […]
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Cost parity by 'early 2020s' will be electric vehicle tipping point
by Frik Els on 13th February 2019 at 6:17 am
Improving battery technologies will mean that even long-haul trucks could be economically electrified during the second half of the next decade. The post Cost parity by 'early 2020s' will be electric vehicle tipping point appeared first on MINING.com. […]
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Nickel rally fades, electric vehicle buzz doesn't
by Reuters on 12th February 2019 at 6:37 pm
Was it another false dawn for the nickel market? The post Nickel rally fades, electric vehicle buzz doesn't appeared first on MINING.com. […]
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Minerals Council of Australia calls for tax, workplace law reform
by Valentina Ruiz Leotaud on 10th February 2019 at 8:46 pm
According to the industry group, such reform would encourage additional investment in capital and technology. The post Minerals Council of Australia calls for tax, workplace law reform appeared first on MINING.com. […]
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IBM steps up efforts to help miners improve health and safety records
by Cecilia Jamasmie on 16th February 2019 at 3:25 pm
The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure. The post IBM steps up efforts to help miners improve health and safety records […]
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Kinross stock rallies after reporting record production at Paracatu and Bald Mountain
by Northern Miner Staff on 15th February 2019 at 9:39 pm
Operating cash flow reached $790 million in 2018, and cash and equivalents of $349 million, $1.9 billion in liquidity, and no debt maturities until 2021. The post Kinross stock rallies after reporting record production at Paracatu and Bald Mountain appeared first on MINING.com. […]
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Gold-stock mega-mergers bad
by Adam Hamilton - Zeal Intelligence on 15th February 2019 at 7:57 pm
Combining major gold miners already struggling with slowing production doesn’t solve the problem, but only masks it for a single year. The post Gold-stock mega-mergers bad appeared first on MINING.com. […]
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India, Japan demand falls; holiday hangover dulls trade elsewhere
by Reuters on 15th February 2019 at 5:53 pm
Until there is a solution to what is happening globally with Brexit and trade talks, we might see no clear direction. The post India, Japan demand falls; holiday hangover dulls trade elsewhere appeared first on MINING.com. […]
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Zimbabwe set to retrieve trapped illegal miners, more casualties expected
by Reuters on 15th February 2019 at 5:16 pm
The miners were trapped on Tuesday night when the shafts they were working in were flooded after a nearby dam burst. The post Zimbabwe set to retrieve trapped illegal miners, more casualties expected appeared first on MINING.com. […]