Ivanhoe advances Kakula underground development at record pace
Ivanhoe Mines has now completed 13.5 km of underground development at the Kakula copper mine, in the Democratic Republic of Congo (DRC). The company is 4.2 km ahead of...
Category : MINING
First Quantum cuts 2020 guidance and capex
anada-based copper and gold miner First Quantum has lowered its guidance for 2020 by 75 000 t of copper and 30 000 oz of gold, citing a reduction in production expectations at the Cobre...
Freeport-McMoRan announces cost cuts in response to virus
YSE-listed Freeport-McMoran (FCX) on Friday announced a 30% reduction in planned capital expenditure (capex) for 2020, as it unveiled a new operating plan in response...
Miners will weather the covid-19 storm — report
Mining companies’ will be able to weather the year despite the covid-19 pandemic, owing to having vastly streamlined their operations, cut debt and expenditures, and...
Miners will weather the year, despite Covid-19, says Fitch
hile Fitch Solutions Macro Research has long held the view that major miners are better positioned to weather unexpected storms, grow further and tackle new challenges, the...
Propeller Becomes the Bridge Between Blasting Giant, Orica & Union Bridge Quarry
Mines are notoriously difficult to digitize because many of the production processes are driven by environmental variables. There’s no way to know exactly how long...
Miners will weather the year, despite Covid-19, says Fitch
hile Fitch Solutions Macro Research has long held the view that major miners are better positioned to weather unexpected storms, grow further and tackle new challenges, the...