Despite being its best half-year earnings since 2014, net profit dropped by 6% to $4.13bn as it wrote down $800 million from its investment in the Mongolian mine.
Iron ore prices help Rio Tinto fork out $1bn divvy, despite Oyu Tolgoi’s setback Read More »
Kinross said the Chulbatkan gold project would enable it to leverage its expertise as a world-class, cold climate heap leach operator.
Kinross Gold expands Russian portfolio with $283 million buy Read More »
The last time behavioural finance indicators deviated this far was in 2011 when gold was hitting all-time highs.
CHART: Gold price risk index is flashing red Read More »
Follow the smart money –17 companies, C$139 million in under three months.
Gold, silver investing legend Eric Sprott on junior mining spree Read More »
Ongoing trade tensions between Beijing and Washington have impacted the miner’s sales.
Lynas blames US-China trade war for rare earths market volatility Read More »
Provincial government is preventing supplies from accessing the Didipio gold-copper mine on Luzon island.
OceanaGold halts Philippines mine on lack of supplies Read More »
Provincial government is preventing supplies from accessing the Didipio gold-copper mine on Luzon island.
OceanaGold halts Philippines mine on lack of supplies Read More »
Decision comes on the heels of a similar move by South Korea’s POSCO and partner, Samsung’s battery unit.
China’s Fulin ditches plans for battery parts plant in Chile Read More »
Move comes as trade tensions between the US and China pushed earnings down 27% in first-half of the year.
Diamond market weakness prompts giant De Beers to curb supply Read More »
The miner dug up 829,458 carats in the fiscal year ended June from Liqhobong, in Lesotho, which is its only operating mine, slightly lower year-on-year.
Firestone meets annual production targets despite market weakness Read More »
