MONTREAL – Stornoway Diamond finished the 2018 calendar year with less production and revenue and more losses. Total net loss for the year was $329.4 million or $0.39 per share, compared to a net loss in 2017 of $114.2 million…
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DIAMONDS: Stornoway finishes year with revenue down, losses up Read More »
AltX- and Aim-listed Jubilee Metals Group on Thursday posted a lift in earnings for the six months ended December 31, as the Hernic operations, in Limpopo, continued to deliver strong operational and financial results. The group achieved earnings a sha…
Jubilee achieves positive results in interim period Read More »
Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018’s fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions, higher reagent costs at its Luilu metallurgical plant and increased m…
Katanga Q4 loss on suspended cobalt sales, higher costs Read More »
Kinross Gold (TSX: K; NYSE: KGC) produced 2.45 million gold-equivalent ounces last year with record production from its Paracatu mine in Brazil and its Bald Mountain mine in Nevada, and forecasts company wide production this year will be similar to 201…
Kinross Gold posts $23.6M loss for 2018 Read More »
TORONTO – Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of…
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GOLD-COPPER: Dundee ups 2018 revenue, net earnings Read More »
VANCOUVER – The latest quarterly numbers from Capstone Mining Corp. show lower revenue than a year earlier, but production costs also rose. The company met the year’s guidance with output of 155.2 million lb. of copper at a C1 cash…
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COPPER: Capstone 2018 revenue slides, costs up Read More »
VANCOUVER – Goldcorp expects to produce more silver, zinc, lead and gold equivalent ounces in 2019 compared to 2018. The company, which is currently merging with Newmont, produced 630,000 oz. of gold in 2018’s fourth quarter at $850 per oz. all-in sust…
GOLD: Goldcorp expects higher production in 2019 Read More »
TORONTO – Detour Gold Corp. enjoyed a strong fourth quarter – with record output of 158,200 oz. – bringing the 2018 total to 621,128 oz. of gold. The total was 9% more than for 2017. The average mining rate was…
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GOLD: Detour’s 2018 output tops 620,000 oz. Read More »
TORONTO – Iamgold expects to produce fewer gold ounces while incurring higher all in sustaining costs and total cash costs in 2019 compared to 2018, the company said in its year end production results and 2019 guidance. Iamgold produced 882,000 attrib…
GOLD: Iamgold expects lower production, higher costs in 2019 Read More »
