Fiji Sun Landmark move as 80pc of mining royalties now destined for resource owners and Govt keeps 20pc. The landmark move to give landown­ers 80 per cent of mining royalties is a major boost to the recipients. It’s the first time they...
Reuters * Indonesia exported 8,637,595 tonnes of nickel ore up to March 31, 2018 since its ore export policy was revised in January 2017, data from the mining ministry showed. * Indonesia’s bauxite exports reached 2,634,455 tonnes over the same period,...
Atimes Thirty-five years ago Australian geologist Mansur Geiger set off into the heart of Indonesian Borneo, where he spent the next month with Dayak tribesmen prospecting for gold and other minerals in a rugged jungle wilderness populated by orangutans, nine-meter-long...
Seeking Alpha AISC for gold miners has seen improvement. Production margins are very safe. Gold demand and supply is going down in tandem with a slight oversupply. The price of gold (NYSEARCA:GLD) was fairly flat in 2017, trading at $1250/ounce (see chart below...
National Geographic By Gulnaz Khan Photographs by Andrea Frazzetta A thick veil of smoke erases the sky over Mount Ijen, the scent of burnt matches saturates the air. The noxious material that seeps from the bowels of East Java’s active volcano is incongruous with human...
Mining.com Newcrest Mining (ASX: NCM) has lowered its gold production forecast for the full year due to reduced output following the sale of its interest in the Gosowong mine in Indonesia. Australia’s largest listed...
Australia Financial Review A $US3 billion to $US4 billion bid for Rio Tinto's stake in the Grasberg copper and gold mine would accelerate the miner's likely capital returns and overall business simplification. That's the view of Macquarie analysts on Tuesday morning, following comments...
Australian Financial Review Mark Creasy shows little sign of giving up his endless search for the next big mining deal. The BRW Rich Lister is a prolific investor in small cap mining stocks, holding shares in dozens of ASX-listed junior explorers...
Junior Mining Weekly K92 Mining Inc. has provided its second quarter financial results and has confirmed 2018 production guidance. For complete details of the unaudited condensed consolidated interim financial statements and associated management's discussion and analysis, please refer to the company's...