ABN AMRO sees precious metals price weakness
The bank sees gold prices averaging $1,523 an ounce this year.
ABN AMRO sees precious metals price weakness Read More »
Markets
China $570 billion stimulus raises hopes for copper, iron ore price
Copper, iron ore prices hold up as China shifts focus from containing the outbreak to rebuilding its economy.
China $570 billion stimulus raises hopes for copper, iron ore price Read More »
SolGold in talks over $2.8 billion funding for Alpala
Alpala is the main target at the its 85%-owned Cascabel concession.
SolGold in talks over $2.8 billion funding for Alpala Read More »
Foresight Energy becomes latest US coal miner to file for bankruptcy
Company said a global economic slowdown triggered by the coronavirus epidemic had pushed it over the edge.
Foresight Energy becomes latest US coal miner to file for bankruptcy Read More »
TSX falls, Mar. 2-6: Balmoral Resources, Equinox Gold, Maya Gold & Silver
The S&P/TSX Composite Index fell 0.54% to 16,175.02. The S&P/TSX Global Mining Index rose 3.84% to 74.17, while the S&P/TSX Global Base Metals Index fell…
TSX falls, Mar. 2-6: Balmoral Resources, Equinox Gold, Maya Gold & Silver Read More »
Metso-Outotec merger moves forward as further hurdles cleared
Former competitors expect to complete their business combination on June 30, 2020, subject to the receipt of all remaining regulatory approvals.
Metso-Outotec merger moves forward as further hurdles cleared Read More »
Copper Mountain cuts output targets amid market rout, coronavirus fears
Miner now expects to produce between 86 and 94 million pounds of copper this year, down from a previous estimate of 100-113 million pounds.
Copper Mountain cuts output targets amid market rout, coronavirus fears Read More »
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 »
Sasol leads South African stocks to 4-year low as oil crash hits global markets
South African stocks plunged to a more than four-year low on Monday, joining a global sell-off in riskier assets as oil prices collapsed more than 30%, hitting chemical and energy firm Sasol the hardest. Saudi Arabia’s plans to hike crude production an…
Sasol leads South African stocks to 4-year low as oil crash hits global markets Read More »
Ivanhoe hails progress at Kamoa-Kakula, Platreef
Production at the giant DRC copper mine is slated for the third quarter of 2021.
Ivanhoe hails progress at Kamoa-Kakula, Platreef Read More »