Asia

Eldorado Lowers Guidance on Kişladağ Citing lower recoveries, Eldorado Gold has revised its 2017 guidance for the Kişladağ gold mine in Turkey to 170,000 ounces (oz) to 180,000 oz at cash costs of...
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Africa

Randgold Prepares to Complete Kibali Underground Mine in the DRC The Kibali gold mine remains on track to achieve its production target of 610,000 ounces (oz) this year as its underground...
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Latin America

Escondida’s Copper Production Ramps Up Minera Escondida has finally shaken off the effects of a labor strike that impacted production at the mine for 44 days between February and March. The mining...
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Leading Developments

Polyus has poured the first doré gold at its Natalka mine, a major greenfield project in Russia’s Far East, during the ongoing hot commissioning process at the mill. The full processing facility is...

US & Canada

Rainy River Pours First Gold New Gold has completed its first gold pour at its Rainy River mine, and the company’s commissioning plans remain on schedule. The first pour yielded approximately 500...
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Europe

Boliden: Mine Production Attains Record Level Boliden’s first quarter report was characterized by strong levels of mined production and stable production at the copper smelters. “The metal prices...
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Australia & Oceania


Brazil's largest mining state, Minas Gerais, imposed a new tax of 2.18 reals ($1.17) per metric on iron ore and other mined ores. For iron ore, it amounts to about 1% of the current price for prompt delivery. It was the second tax levied on the mining industry by a regional government in December. Brazil's Para state, home to of Vale’s Carajas system, imposed a tax of 6.45 reals on iron ore. Legislators in Minas Gerais justified the tax, according to Latinominería, claiming that mining companies should contribute more to the cost of policing their operations.According to Reuters, Vale said the tax was illegal and said it was seeking to contest it.

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