Vale to shut New Caledonia mine as buyer walks away
Vale (NYSE: VALE) is preparing to potentially shut down its nickel and cobalt operations on the Pacific island of New Caledonia, after failing to reach a sales agreement on the…
Australia, NZ & South Pacific
Editorial: Global Mining Symposium underscores importance of ESG
More than 1,800 people from over 80 countries tuned in to The Northern Miner’s first Global Mining Symposium last week. The three-day virtual event built on the success of our…
Too many tools adds risk to mining operations, says IsoMetrix’s Robin Bolton
A new set of guidelines has been released called the Global Industry Standard on Tailings Management to help strengthen mining practices, with the goal of zero harm to people and…
TSX Venture declines, Aug. 31-Sept. 4
The S&P/TSX Venture Exchange was down 1.56% to 733.69. Spot gold fell 1.5%, or US$29.50 per oz., finishing the week at US$1,934.80 per ounce. Shares of Cornerstone Capital jumped $1.24…
‘Gold is becoming mainstream’: Ronald-Peter Stoeferle on precious metals and mining stocks at the Global Mining Symposium
The Global Mining Symposium continued apace on the second day of the three-day event with Alisha Hiyate, editor at The Canadian Mining Journal, interviewing Ronald-Peter Stoeferle, managing partner and fund…
BHP to mine Australian coal using greener energy
BHP (NYSE: BHP; LSE: BHP) said this week it had inked a deal to support the development of new solar and wind farms in Australia’s Queensland state as part of…
Gold production growth will average 2.5% annually from 2020-2029: Fitch
A new report by Fitch Solutions forecasts that global gold production will increase from 106 million oz. in 2020 to 133 million oz. by 2029, for an average annual growth…
Barrick takes Porgera dispute to PNG Supreme Court
Barrick Gold (TSX: ABX; NYSE: GOLD) will take a dispute over mining rights for the Porgera gold mine in Papua New Guinea (PNG) to the country’s Supreme Court after a…
Evolution increases Red Lake resource using new benchmarks
Evolution Mining (ASX: EVN) has released an updated resource for its recently acquired Red Lake gold project, which the company says is materially higher than the figures estimated during its…
PNG grants Porgera lease to state-backed miner: report
Canada’s Barrick Gold (TSX: ABX; NYSE: GOLD) said it would challenge the Papua New Guinea (PNG) government’s reported move to grant a 20-year lease for the Porgera gold mine to a…
Coronavirus outbreak mutes outlook at OceanaGold’s Haile mine in South Carolina
OceanaGold (TSX, ASX: OGC) said that the outlook at its Haile gold mine in South Carolina is “uncertain” after 18 staff members tested positive for Covid-19 since June. According to…
BHP plans ‘very tangible actions’ on carbon emissions
BHP (ASX, LON, NYSE: BHP) is fine-tuning a revamped strategy to reduce the company’s operational emissions and its use of diesel by 2030, chief executive Mike Henry said on Thursday….