Eldorado bumps up free cash flow on higher gold price
Company reported significant increase in free cash flow, with $63.4 million in Q2, up 780% from $7.2 million in Q1 2020.
Eldorado bumps up free cash flow on higher gold price Read More »
Glencore’s strong H1 performance boosted by oil trading
Company said trading profit will be at the top end of its target this year but posted lower production figures for its first half.
Glencore’s strong H1 performance boosted by oil trading Read More »
Newmont tops profit estimates on gold surge
Company’s adjusted net income for the June quarter was $261-million, or $0.32 a diluted share, compared with $92-million, or $0.12 a diluted share, in Q2 2019.
Newmont tops profit estimates on gold surge Read More »
Fortuna restarts operations at Caylloma mine in Peru
The company announced the closure on July 6 after a contract employee at the mine suddenly died.
Fortuna restarts operations at Caylloma mine in Peru Read More »
Vale enacts emergency protocol at Barragem 5 dam
The move is a preventative measure in Minas Gerais and does not require the evacuation of the population downstream of the dam.
Vale enacts emergency protocol at Barragem 5 dam Read More »
Vale develops first 100% electric locomotive in Brazil
The pilot-phase for the EMD Joule locomotive is expected to be launched in H2 2020.
Vale develops first 100% electric locomotive in Brazil Read More »
Liberty expands Black Pine with high-grade hits, shares up
Liberty’s stock was trading up 7.5% Tuesday afternoon on the TSE.
Liberty expands Black Pine with high-grade hits, shares up Read More »
Lynas signs contract for US rare earths facility
Company signed a contract with the US Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas.
Lynas signs contract for US rare earths facility Read More »
Ambler district access road approved in Alaska
The Record of Decision approves the development of the “A” route, which is to be a 211-mile-long gravel private access road.
Ambler district access road approved in Alaska Read More »
High gold, iron ore prices drive Brazil mining revenue
In Q2 2020, mining companies reached a production value of $7.5 billion, 9% higher than Q1.
High gold, iron ore prices drive Brazil mining revenue Read More »