Gascoyne guidance hit by inclement weather

Mining News Pro - Gascoyne Resources has updated its production and cost guidance for the 2021 and 2022 financial years, with weather effects impacting June quarter production.

Chile covid cases surge dents Antofagasta copper output

Mining News Pro - Chilean miner Antofagasta (LON: ANTO) said on Wednesday copper production in the first quarter of 2021 fell 5.7% to 183,000 tonnes from the same period a year ago, as a recent and sharp spike in covid-19 cases takes its toll.

Antofagasta keeps guidance unchanged despite second Covid wave

Mining News Pro - Chilean copper miner Antofagasta has kept its guidance for the full year unchanged at between 730 000 t and 760 000 t, despite the country enduring a sharp uptick in Covid infections in recent weeks.

Rio Tinto signs WA gas agreement with Santos

Rio Tinto has secured a gas supply agreement with Santos, which will supply 15 petajoules of natural gas to the miner in Western Australia from late 2021.

Gascoyne exceeds own throughput expectations

Gascoyne Resources is on track to reach the upper end of its production guidance for the 2021 financial year after the March quarter delivered promising signs.

Antofagasta says surging copper price not enough to entice big investments

Mining News Pro - Miners will think twice before splashing out on major new projects even as copper prices have soared to decade-long highs this year, the CEO of Chile`s Antofagasta told Reuters.

Dreadnought finds Gascoyne partner in First Quantum

Mining News Pro - First Quantum Minerals (FQM) has partnered with Dreadnought Resources to develop the Mangaroon gold and base metals project in the Gascoyne region of Western Australia.

Appea warns against US gas model

Mining News Pro - The Australian Petroleum Production and Exploration Association (Appea) has warned the Australian government not to replicate the Henry Hub model in Australia, as part of its gas-fired recovery plans.

Aus still committed to gas

Mining News Pro - Federal Resources Minister Keith Pitt has reaffirmed the government’s commitment to a gas-led recovery post the Covid-19 pandemic, and has called for the exploitation of new gas resources.

BHP expands on greenhouse gas plans

Mining News Pro - Mining major BHP has inked a memorandum of understanding (MoU) with Chinese steelmaker and customer, HBIS Group, to jointly study and explore greenhouse gas (GHG) emissions reduction technologies and pathways.

Anglo American shuts Moranbah North amid gas threat

Mining News Pro - Anglo American has evacuated its workforce from the Moranbah North coal mine in Queensland due to rising gas levels behind the mine’s longwall.

Lion moves closer to restarting graphite production in Madagascar

Mining News Pro - Mineral exploration and development company Global Li-Ion Graphite (Lion) is moving closer to restarting graphite production in Madagascar, where it owns the Ambato-Arana project.

Guinea President retains Magassouba as Mines Minister

Mining News Pro - Guinea President Alpha Conde has retained Abdoulaye Magassouba as mines minister overseeing the West African nation`s bauxite, iron-ore, gold and diamond wealth, according to a decree read on state television on Thursday.

Antofagasta’s Los Pelambres expansion to cost an extra $400m

Mining News Pro - Chilean miner Antofagasta revealed on Wednesday that the expansion project at its Los Pelambres operation in the home country would cost $1.7 billion, up from the original estimate of $1.3 billion, due mainly to revised marine works and the value of a desalination plant extension.

Dalgaranga guides Gascoyne’s success

Mining News Pro - Gascoyne Resources has produced more than 20,000 ounces at the Dalgaranga gold project in Western Australia’s Murchison region for the third consecutive quarter.

China state planner says to ensure gas, coal supplies ahead of cold spell

Mining News Pro - China’s central economic planner, the National Development and Reform Commission (NDRC), called on Monday on companies to step up imports of spot liquefied natural gas (LNG) and thermal coal to ensure energy supplies ahead of an expected cold spell.

Antofagasta agrees copper charges for 2021, Codelco to follow

Mining News Pro - Antofagasta Plc and Codelco will supply copper concentrate at treatment and refining charges of $59.50 per tonne and 5.95 cents per lb in 2021, signing up at the benchmark rate miners have now managed to lower for six years in a row.

Antofagasta’s Centinela union rejects contract offer, opens door to strike

Mining News Pro - A union at Antofagasta Minerals’ Centinela copper mine in Chile rejected a contract offer from the company on Monday, paving the way for a strike at the small deposit, its president said.

Union at Antofagasta’s Centinela preparing to vote for strike

Mining News Pro - A worker´s union at Antofagasta Minerals’ Centinela copper mine in Chile is preparing to vote next week on a contract offer but says it will likely reject it, paving the way for a strike at the deposit, the union chief told Reuters on Friday.

Gascoyne solidifies Dalgaranga turnaround

Mining News Pro - Gascoyne Resources has flagged a successful operational performance at its Dalgaranga gold project in Western Australia ahead of the December quarter’s conclusion.

Nova acquires royalty on Antofagasta’s Twin Metals project

Mining News Pro - Nova Royalty has entered into a royalty purchase agreement with a subsidiary of Boart Longyear to acquire an existing 2.4% net smelter return royalty on a portion of the Twin Metals project owned by Antofagasta PLC.

Beach digs up new gas

Mining News Pro - The share price of oil and gas producer Beach Energy soared on Tuesday with the announcement of a gas discovery in the Victorian Otway basin at its exploration well Enterprise 1.

What a Biden presidency could mean for oil, gas and coal in Wyoming

Mining News Pro - In the final days leading up to the general election, Wyoming`s oil and gas industry is nervous, said Nathan McLeland, who runs the Gillette-based M&K Oil Company LLC.

Stanmore Coal, Blue Energy to capture fugitive coal mine gas

Mining News Pro - Stanmore Coal has reached an agreement with Blue Energy to capture, process and market mine gas from its proposed Isaac Plains underground coal mine in the northern Bowen Basin.

Technology Metals inks Gabanintha gas agreement with APA

Mining News Pro - Technology Metals Australia has formed an agreement with APA Group for the supply of gas to the Gabanintha vanadium project in Western Australia.

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