Freeport to grow copper, gold volumes by up to 40%
The company will also reduce net unit cash costs of copper by 25% to approximately $1.30 per pound.
Freeport to grow copper, gold volumes by up to 40% Read More »
Top Companies
Chile’s main copper mines report mixed results, revenue drops
State-owned Codelco led the drop as it produced 6.8% less in January than in the same month last year.
Chile’s main copper mines report mixed results, revenue drops Read More »
Vale watching Gongo Soco mine as wall continues to erode
The miner seeks to prevent any impact the erosion could have on the nearby Sul Superior dam, which remains at highest safety alert level.
Vale watching Gongo Soco mine as wall continues to erode Read More »
Barrick boosts inventory of “key commodities” due to coronavirus
Drawing on experience of combating Ebola outbreaks around its mines in Africa, the gold giant has increased emergency response plans.
Barrick boosts inventory of “key commodities” due to coronavirus Read More »
Amplats declares force majeure, cuts output forecast
The south African miner lowered total platinum group metals guidance for 2020 from 4.2-4.7 million ounces to 3.3-3.8 million ounces.
Amplats declares force majeure, cuts output forecast Read More »
Brazil court releases $10m in frozen funds to Vale for studies on Brumadinho
Study will be used to stipulate indemnities of those affected.
Brazil court releases $10m in frozen funds to Vale for studies on Brumadinho Read More »
Glencore finds facts believed “relevant” to corruption probes
The Swiss miner and commodity trader is being investigated for suspected corruption and bribery in the UK, US and Brazil.
Glencore finds facts believed “relevant” to corruption probes Read More »
China-backed JV about to start work at Guinea’s Simandou
The Chinese agency overseeing the biggest government-owned companies is close to approving the development of the vast iron ore deposit.
China-backed JV about to start work at Guinea’s Simandou Read More »
Newcrest closes $60m sale of Gosowong mine in Indonesia
The move comes after the government issued a mandate in 2018 stating that major mines have to be at least 51% owned by Indonesian companies.
Newcrest closes $60m sale of Gosowong mine in Indonesia Read More »
Barrick completes Massawa- Sabodala combination
The company is combining its gold project in Senegal with Teranga Sabodala gold mine.
Barrick completes Massawa- Sabodala combination Read More »