Rio Tinto builds first solar plant in Western Australia
Rio Tinto (NYSE: RIO; LSE: RIO) will build a US$98 million solar plant to power its Koodaideri iron ore mine in Western Australia, about 35 km northwest of the company’s…
Fast News
Barrick beats forecasts, hikes dividend
Barrick Gold (TSX: ABX; NYSE: GOLD) posted a better-than-expected quarterly profit and rewarded investors with a 40% dividend increase, thanks to strong gold prices. The world’s second-largest gold producer reported…
Pretium meets guidance, lowers production outlook
Pretium Resources (TSX: PVG) expects to produce between 325,000 oz. and 365,000 oz. gold per year in the Valley of the Kings zone, in contrast with the 525,000 oz. long-term…
Contact Gold hits oxide gold at Green Springs
Contact Gold (TSXV: C) has released the results of two holes completed last year at the past-producing Green Springs gold project, which lies within the Cortez trend, 25 km from…
Introducing On the Move newsletter
Canadian Mining Journal, The Northern Miner and MINING.com are pleased to introduce our new On the Move newsletter. This monthly publication will track management and board appointments across Canada’s mining…
BHP becomes world’s top copper producer
BHP Group (NYSE: BHP; LSE BHP) has become the world’s largest copper miner based on production, after Chile’s copper commission announced a slide in output at state-owned Codelco. Hampered by…
Chile’s copper output falls on declining grades
Copper production in Chile, the world’s No. 1 producer of the metal, dropped by 44,000 tonnes, or almost 0.8%, last year compared to 2018, amid a perfect storm of falling…
Mitsubishi acquires 30% of Mantoverde copper mine
Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper’s Mantoverde mine and associated projects in Chile for US$263 million. MMC has been seeking to participate…
Ivanhoe boosts resource for Kamoa-Kakula in DRC
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has updated the resource estimate for its massive Kamoa-Kakula project in the Democratic Republic of Congo (DRC). Kamoa-Kakula — among the world’s largest copper…
Nighthawk hits high grades at Treasure Island
Nighthawk Gold (TSX: NHK) has released the results of nine holes completed last year at the Treasure Island gold project, located within its 899-sq.-km Indin Lake property in the Northwest…
Revival Gold grows Beartrack-Arnett resource in Idaho
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has released an updated resource for the 51-sq.-km Beartrack-Arnett project in Idaho with substantial growth in the inferred resource category. The latest estimate features…
Centerra pours first gold at Oksut
Centerra Gold (TSX: CG) has poured the first gold from its Oksut mine in Turkey. Oksut will be the company’s third operating gold mine, joining Kumtor and Mount Milligan. A…