Cecilia Jamasmie

Centamin gold output falls 13% in 2018 on decline at flagship mine

The company produced 472,418 ounces of gold at its Egypt-based Sukari mine last year, compared to 544,658 ounces in 2017, due to disruptions and lower grades at the operation.

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Exports from world’s second-largest copper to drop this year

Concentrate shipments from Indonesia’s Grasberg mine, the world’s second-largest copper mine, will drop about 85% this year because of a lag in output while operations shift from open pit to underground mining, a government official said

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Kirkland Lake gold production hits record high

The Canadian gold miner announced record gold for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.

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Chile’s copper production to exceed 6 million tonnes for first time in 2019

The leading producing nation expects to generate more than 6 million tonnes of copper for the first time this year, with output rising by about 30% by 2015.

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Canada’s Cobalt 27 goes after lithium with royalty acquisition

Cobalt 27 will put in about $9 million into a share of production at Mineral Resources and Jiangxi Ganfeng Lithium’s Mount Marion lithium project in Western Australia.

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Canada’s Suncor expects upstream output to jump by 13% in Q4

The country’s largest oil and gas producer by market cap also said it will specify the exact impact of Alberta’s mandatory output caps when it issues its 2019 capital and production guidance on Feb. 5.

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Ecuador’s rising opposition to mining may thwart exploration boom

As mining projects face headwinds from rising tensions, investors’ courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

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