Archives: History of mining

Edison Analyst Charles Gibson looks back at 2017 and forward into 2018. “If metals markets could be described in 2017, they might be encapsulated by the phrase, ‘the great divergence’. Throughout 2015 and the first nine months of 2016 the degree of divergence in the prices of the 17 metals and minerals regularly tracked by[…]

Wheaton Precious Metals™ Corp’s wholly owned subsidiary Wheaton Precious Metals International Ltd has agreed to a new precious metals purchase agreement (the First Majestic PMPA) relating to the San Dimas mine, in conjunction with the proposed transaction under which First Majestic Silver Corp will acquire Primero Mining Corp pursuant to a plan of arrangement. Wheaton[…]

The decision to add a new Ph.D. specialisation in the Mining Engineering and Management Department at South Dakota School of Mines & Technology will increase research opportunities and funding, and develop critical collaborations. The Mining and Engineering Department recommended the Ph.D. mining engineering specialisation in response to increased interest from students; an increased need within[…]

Rio Tinto has successfully completed its $1.5 billion buy-back of Rio Tinto plc shares, comprised of the $500 million and $1 billion on-market share buy-back programs announced on 8 February 2017 and 2 August 2017 respectively. Rio Tinto has now commenced a further $1.925 billion on-market buy-back of its shares, to be completed no later[…]

Newmont Mining Corp’s President and Chief Executive Officer, Gary J. Goldberg, has been honoured by his peers for outstanding contributions to the mining industry through his induction into the American Mining Hall of Fame. The award recognises Goldberg’s accomplishments over the course of his 36-year career in mining, characterising his service as: “Always the driving[…]

Megan Davison, Executive Director, MCA Victoria notes that “in 1993, local emergency response organisations tested their skills at the State Coal Mine Rescue at Wonthaggi” A quarter of a century later, 10 teams – six from Victoria and four from interstate – returned to Gippsland for the 25th Victorian Mine Rescue Competition last weekend. “After[…]

Trial mining is expected to start next year on a potential prolific diamond corridor in Australia’s most famous gem producing region – Western Australia’s Kimberleys. This follows a historic Mining Agreement between Perth-based POZ Minerals and the Bunuba Dawangarri Aboriginal Corp. The agreement covers the southern portion of POZ Minerals’ wholly-owned Blina alluvial diamond project[…]

Wolf Wiese CEO of Golden Dawn Minerals reported, September 27, on activities at the Greenwood precious metals project. “Yesterday the company has given the required 72 hours’ notice to the BC Ministry of Environment that mobilization of equipment and crews are nearing readiness to commence dewatering the Lexington mine. The company currently has a mine[…]

Aspiring gold developer, Middle Island Resources’ 100% subsidiary, Sandstone Operations Pty Ltd (SOPL), has executed a deed, whereby SOPL has the option to acquire a 100% interest in the Dandaraga gold project, comprising granted Exploration Licence E57/1028, from SLS Exploration. The Dandaraga gold project covers an area of 605 ha and lies 16 km southeast[…]

Rio Tinto today officially opened its Silvergrass iron ore mine in Western Australia. The $338 million project is the 16th mine at Rio Tinto’s world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto’s premium Pilbara Blend product. Rio Tinto chief executive J-S Jacques said “Silvergrass is a great example of[…]