Mining-Technology Highlands Pacific and Canadian battery metals company Cobalt 27 Capital have entered into a streaming arrangement in connection with the $2.1bn Ramu nickel cobalt mine in Papua New Guinea. In operation for more than five years, the project comprises a...
Mining.com Freeport-McMoRan Inc, the world's second-largest copper miner by production, reported a bigger-than-expected jump in fourth-quarter profit on Thursday, lifted by stronger commodity prices and productivity gains. The Arizona-based company, which formed a framework agreement with Indonesia's government last August to...
Kitco * Indonesia to buy Rio 40 pct interest in Grasberg mine * Freeport, Indonesia agreed in Aug to divestment plan * Indonesia to also buy Indocopper Investama stake in Grasberg By Wilda Asmarini Indonesia plans to acquire Rio Tinto's 40 percent participating interest...
BNN Bloomberg A mining company claiming interests in copper and gold reserves estimated at US$58 billion on the Pacific island of Bougainville said its rights are under threat by efforts to revive the resource...
Fiji Sun Vatukoula Gold Mines Limited has invested over $40 million to allow workers to dig deeper and further away from the existing infrastructure. “The richest parts which are closest to surface have been mined out in the last 18 years,”...
Lion One Metals Lion One Metals released results from an advanced CSAMT geophysical survey conducted on its Tuvatu gold project in Fiji. The results couldn’t have pleased management more, as they seem to...
Oct 17, 2017 | Junior Mining Results include: 3.4m at 9.94 g/t Au, 55 g/t Ag and 5.97% Cu (19.78 g/t AuEq), including 0.35m at 28.4 g/t Au, 157 g/t Ag and 12.8% Cu in drill hole KMDD0016 4.45m at...
itnews After a year of deployment. Gold miner Newcrest Mining is set to go live with an Australian-developed proximity detection system it has been installing at its Lihir mine in Papua New Guinea since the end of last year. The system -...
Fiji Sun Ste preparation is well under way, official groundbreaking ceremony is expected to take place on May 8. A new ventilation and haul­age shaft is under construc­tion by Vatukoula Gold Mines. With an investment of $10 million it is expected to...
Mining.com Newcrest (ASX: NCM) announced Wednesday the finalized sale of 100% of Newcrest Singapore Holdings Pte (NSH) to Indotan Halmahera Bangkit (Indotan) for A$90m, (about $60m) of which A$60m has already been received and the remaining A$30m is...