The Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey.
Zinc Mining News
The world's second-biggest exporter of steelmaking coal stuck to its annual production forecast of 26 million to 27 million tonnes.
Canada's Lundin Mining Corp said Chief Executive Officer Paul Conibear is retiring and also reported a 3 percent rise in second-quarter profit on Wednesday.
Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the sell-off is premature.
Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
The base metals producer said that, while it has not yet received a formal offer from Lundin, the bid announced Monday the bid ignores the fundamental value of the company and its assets.
To stay productive, McKinsey warns that miners must maintain fiscal discipline.
Metal market mayhem with $13 billion worth of copper futures offloaded by lunchtime.
Even after two years of gains, industrial metals trade well below 10-year mean prices. Silver looks cheap, but gold, crude may be fully priced already.
Targeting close or ready for production.
Bears ignore soothing words about US-China trade war dropping copper to near 1-year low in frenzied trade.
"He's my favourite."
Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.
“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."
Vedanta "can be the second- or third-largest resource company in the world."
The mining sector showed an interannual growth of 0.16 per cent in May.
Mining-union leader Napoleon Gomez Urrutia, who fled to Canada more than a decade ago after being accused of embezzlement, is on the short list for a senate seat in Mexico.
Smelters seek to address low zinc prices and treatment charges.
Zinc continued to slide after entering a bear market amid concern about increased supply and declining demand.
It depends on how you measure it.
"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report.
Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail".
Almost a year to the day after Boehner joined the board of directors of Arizona Mining, he's walking away with a cool million dollar payday.