Turquoise Hill swings to loss on Mongolia mine woes

The company reported a loss of $736.7 million in the three months ended June 30, compared with a profit of $204 million a year earlier.

Reuters | July 31, 2019 | 3:47 pm

Samarco poised to reclaim mining license lost after accident

The venture, jointly owned by Vale and BHP, has already reached an agreement with the regulator and could get formal permission to operate as soon as mid-September.

Bloomberg News | July 31, 2019 | 3:40 pm

Gold falls as Powell comments damp bets on aggressive rate cuts

Policy makers voted to lower the target range for the benchmark rate by a quarter-percentage point to 2%-2.25%.

Bloomberg News | July 31, 2019 | 1:43 pm

Barrick to close Lagunas Norte mine in Peru

Barrick had booked a $405m impairment charge on Lagunas Norte last year, which resulted in a $431m net loss in the September quarter.

Jackson Chen | July 31, 2019 | 11:14 am

Champion Iron breaks records at Bloom Lake

During the first quarter, Bloom Lake delivered almost 2 million wet metric tonnes of high-grade iron ore concentrate.

Jackson Chen | July 31, 2019 | 10:32 am

Australian private equity firm EMR weighs copper mines IPO

EMR Capital is considering selling its four copper mining assets through an initial public offering some time after 2019.

Reuters | July 31, 2019 | 9:20 am

Vedanta launches arbitration in dispute with Zambia

Vedanta denies that KCM has broken the terms of its licence and says it will defend its assets in Zambia.

Reuters | July 31, 2019 | 9:07 am

Australia’s Resolute Mining to buy Toro Gold for $274m

Resolute is paying $130 million in cash plus 142.5 million of its own shares for West Africa-focused junior miner.

Cecilia Jamasmie | July 31, 2019 | 7:59 am

Great Panther optimistic after exploration campaign at Tucano project

The Vancouver-based miner said results from 10 of the first 12 holes have returned intersections such as 15.35 g/t Au over 13.55 metres.

MINING.COM Staff Writer | July 31, 2019 | 6:20 am

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