CHARTS: Mining is riding out US-China trade war
There is weakness elsewhere, but China’s commodity business model of importing raw material is in fine shape says new report.
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Intelligence
BHP boss’ pay cut by almost 25% after worker’s death, runaway train
While Andrew Mackenzie’s base salary was kept at $1.7m million, total earnings, including benefits totalled $3.5m, down from the $4.6m he pocketed in 2018.
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Barrick takes Acacia Mining back as buyout deal sealed
Acquisition ends Acacia’s near-decade presence on the London Stock Exchange. Shares will be delisted with effect from Sept. 18.
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Sirius Minerals shares crash after scrapping $500m fundraising plan
Sirius said it was not possible to raise the $500m needed to move ahead with the Woodsmith project.
Sirius Minerals shares crash after scrapping $500m fundraising plan Read More »
The 8 times since Black Monday stocks investors wish they’d held gold
New study outlines 32-year gold price outperformance of stocks during financial market crises – dotcom bubble is exception that proves the rule.
The 8 times since Black Monday stocks investors wish they’d held gold Read More »
Gran Colombia to spin off Marmato gold project
The Canadian miner will retain a major stake in the new company while leveraging the capital markets to provide the funding required for ongoing exploration and underground development.
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Petra Diamonds shares hit all-time low as loss widens
Miner said the diamond market was in its worst state since the financial crisis that began in 2008.
Petra Diamonds shares hit all-time low as loss widens Read More »
Las Bambas goes digital
The company signed a contract with Nokia and Telefónica Perú to enable digitalization and automation projects.
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Barrick receives England’s Ok for Acacia takeover
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) has been allowed by the High Court of Justice of England and Wales to acquire all outstanding issued shares […]
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PNG demands 40% of the output from Newcrest-Harmony Wafi-Golpu project
At peak production, the mine is forecast to produce 320,000 ounces of gold and 150,000 tonnes of copper a year.
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