China’s Sichuan Fulin Transportation Group has ditched a project to build parts for electric vehicles in Chile, the government said on Thursday, leaving in tatters a nascent EV battery industry in the South American nation.
Fulin and two other corpora…
China’s Fulin drops plan to build battery parts in Chile Read More »
Newmont Goldcorp needs to do as much as three years of work at the mines it added through its acquisition of Goldcorp to bring them to acceptable levels of performance, its chief executive told Reuters on Thursday.
The company reported a substantial d…
Newmont CEO says Goldcorp mines need about 3 years of development, exploration work Read More »
Newmont Goldcorp, the world’s biggest gold miner, reported lower-than-expected earnings on Thursday, due to costs including those associated with takeover and joint venture deals and non-operating mines.
Net income attributable to shareholders from co…
Newmont Goldcorp profit misses expectations on deal, non-operating mine cost Read More »
Australia-listed lithium producers see little respite from difficult market conditions for the rest of 2019 amid reduced demand from Chinese customers after a change in the country’s electric vehicle subsidies and global trade tensions.
Orocobre Ltd,…
Australian lithium producers flag tough market through end of 2019 Read More »
Australia’s Lynas Corp is confident its licence to run an $800-million rare earths processing plant in Malaysia will be renewed by authorities before a Sept. 2 deadline expires, a top company official said.
Lynas and Malaysia have been locked in a dis…
Rare earths miner Lynas confident on Malaysia licence renewal as expiry looms Read More »
Canadian gold miner Agnico Eagle Mines reported a better-than-expected adjusted profit for a fourth straight quarter on Wednesday, largely due to higher realised gold prices.
Average realized gold prices rose to $1 318/oz from $1 293/oz a year earlier…
Agnico Eagle Mines beats profit estimates on higher gold prices Read More »
nglo American said on Wednesday it would use only renewable sources to power its mine operations in Chile beginning in 2021, thanks to a deal the global miner signed with the Chilean subsidiary of Italian energy giant Enel.
Renewable energy supplied b…
Anglo American to use only renewable energy in Chile by 2021 Read More »
Freeport-McMoRan, the world’s largest publicly traded copper producer, posted a quarterly loss on Wednesday as costs spiked and production of gold and copper plunged at a key Indonesian mine.
While the loss, the company’s first since 2016, wasn’t as s…
Freeport swings to quarterly loss as copper, gold output drops Read More »
The Supreme Court in London will hear an appeal by Nigerian farmers and fishermen to pursue claims in England against oil major Shell over oil spills in the Niger Delta, lawyers for the two affected communities said on Wednesday. The decision to hear t…
UK Supreme Court to hear Nigerians’ case for pursuing Shell spill claim in England Read More »
The chief executive of Polish miner KGHM expects copper prices to fluctuate around $6 000/t the end of the year, he said on Wednesday.
"I do not see any reasons for a radical deterioration in price parameters. I think one should expect the copper …
KGHM CEO sees copper price at around $6 000 this year Read More »
