The briefing on mining

The latest news, trends and data from the mining industry



After net cash generation of $21.1m last year, Anglo Asian Mining is now able to pay off the final instalment of its refinancing loan and essentially operate debt-free


Copper hit an eight month high of $6,314 a tonne on January 13th, up 3% from 2019's closing level


Taseko Mines has advanced plans to add 285 million pounds of copper a year to its production from its North American mines. 


Ecuador has made its first export of copper concentrate from the Chinese-owned Mirador mine, shipping 22,000 tonnes

The latest from Twitter

Further reading: Mining companies threaten action against Tanzania over new law

Following amendments to Tanzanian mining law that essentially cancelled retention licenses issued before January 2018, Indian Resources has delivered notice to Tanzanian authorities for alleged breach of contract. 

Source: Mining Weekly


BHP South Flank iron ore project in Australia hits milestone

US-based engineering firm Fluor has erected the first 1,500t of modules in the ore handling plant of BHP’s $3.6bn South Flank iron ore project in the Pilbara region of Western Australia. Fluor is providing engineering, procurement and construction management services for the project, which will feature a crushing and screening plant, an overland conveyor system, and rail-loading facilities.

GR Engineering and EcoGraf partner on graphite facility in Australia

GR Engineering Services and EcoGraf have signed a letter of intent (LoI) towards an engineering, procurement and construction (EPC) contract for the development of a graphite facility in Western Australia.

The two companies expect to sign a formal contract for the new 20,000 tonnes per annum (tpa) battery graphite facility.

Alkane Resources unearths high-grade gold at Roswell

Alkane Resources has discovered a new intercept at their Roswell prospect. The  intercept has a 9.29 grams per tonne grading and was found after specialist tools were brought in to solve drilling delays.

Kinross starts drilling at Chulbatkan

Having completed the $283m acquisition of the Chulbatkan heap leach development project in Russia, Kinross Gold has begun a comprehensive drilling programme at the site. 

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