Category: Breaking News

Freeport Advances Lone Star Project in Arizona

Freeport-McMoRan operates seven open-pit copper mines in North America: Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico. The company has significant undeveloped reserves and resources...

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Vale Files $2B Lawsuit Against BSGR Over Simandou

On April 23, a lawsuit was filed by Vale against BSG Resources Ltd. (BSGR) in the United States District Court for the Southern District of New York to enforce Vale’s arbitral award against BSGR, totaling more than US$ 1.2...

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Oberle Will Chair Independent Mine Tailings Review

Professor Bruno Oberle has agreed to chair an independent review of tailings storage facilities (TSFs), according to the International Council of Mining and Metals (ICMM), the Principles for Responsible Investment and the United...

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AMSA Reports 22% Production Increase

Chilean mining company, Antofagasta Minerals S.A. (AMSA), one of the largest players in the world copper industry, reported a 22.6% increase in red metal production in the first quarter of 2019 and maintained its forecasts for...

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Mosaic Idles Brazilian Mines

Mosaic Fertilizantes has idled production at its Tapira and Catalão phosphate mines in Brazil. The company currently has the rock and finished product inventory necessary to meet near-term market requirements, the company said....

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Newmont, Goldcorp Create Leading Gold Company

Newmont Mining Corp. and Goldcorp Corp. and Goldcorp Inc. have successfully combined to create one of the largest gold mining companies in the world. The merged company’s portfolio includes long-life operations and profitable...

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Hochschild Will Extend Inmaculada Mine Life

Hochschild Mining Co. plans to increase the life of its Inmaculada mining operation by 10 years. This was indicated by Ignacio Bustamante, CEO and director of Hochschild Mining, who presented “Hochschild Mining: Present and...

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Sandvik Purchases Digital Mining Tech Company Newtrax

Sandvik acquired privately owned Newtrax, a supplier of technology in wireless connectivity to monitor and provide insights on underground operations, including people, machines and the environment. “By including Newtrax into...

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Hexagon Buys Split Engineering

Hexagon’s Mining division has acquired Split Engineering, a leader in coarse-rock-fragmentation size measurement systems, software and services. Optimized fragmentation can save a mine significant costs while improving drill and...

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Lundin Mining Will Acquire Chapada Mine in Brazil

Lundin Mining Corp. has entered into an agreement with Yamana Gold to purchase its 100% ownership stake in Mineração Maracá Indústria e Comércio S/A, which owns the Chapada copper-gold mine located in Brazil, for an $800 million...

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