by Gordon Barratt | Sep 22, 2022 | News
The world’s top gold mining executives see cost pressures sticking around into next year, adding to industry headwinds fueled by economic and political uncertainty, supply-chain disruptions and surging interest rates. Those gathering at the Denver Gold Forum this week...
by Gordon Barratt | Sep 22, 2022 | News
Rio Tinto CEO Jakob Stausholm Rio Tinto CEO Jakob Stausholm made it clear that its offer is final to take over a company that is behind one of the world’s largest copper mines. Speaking during an interview at Bloomberg News headquarters in New...
by Gordon Barratt | Sep 22, 2022 | News
Flanders and Sandvik will collaborate on the delivery of agnostic autonomous solution for iSeries rotary drills. Sandvik Mining and Rock Solutions and Flanders have agreed to develop a digital interface between Flanders’s ARDVARC Autonomous Drill System...
by Gordon Barratt | Sep 22, 2022 | News
Federal Treasurer Jim Chalmers says robust iron ore and coal prices have helped narrow Australia’s budget deficit for the last fiscal year by about $50 billion. In a preview of the federal budget due to be presented in full next month, he also said he felt most of the...
by Gordon Barratt | Sep 21, 2022 | News
Refractory ore will be processed at the Albazino concentrator, starting in 2025. Gold and silver miner Polymetal has produced its first gold at the Kutyn mine, in Far East Russia – six months ahead of the schedule, but 38% above the original capital...
by Gordon Barratt | Sep 21, 2022 | News
old Fields’ top executive said disquiet over the South African miner’s $7-billion offer to buy Canada’s Yamana Gold hasn’t resulted in an exodus among its top shareholders. The top Gold Fields investors are sticking around even after some shareholders initially...