Barrick beats forecasts, hikes dividend by 40% as gold prices soar
The miner will pay a dividend of 7 cents a share, up from 5 cents in the previous quarter.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Agnico Eagle takes stake in Finnish explorer to access key asset
Rupert Resources is developing the Pahtavaara gold project, located 50 km from the Canadian company’s Kittila mine.
Newcrest, Harmony to resume permitting talks for PNG project
The partners had been hoping to secure a mining lease for the $5.4bn Wafi-Golpu deposit early last year, but new administration brought delays in the permitting process.
Barrick sells Kenya project to Shanta Gold for $14.5 million
The deal gives Shanta its first asset outside Tanzania.
Chile’s copper output down in 2019 on declining grades
Codelco contributed the most to the fall, producing 44,000 tonnes less than in 2018.
Glencore, Samsung ink five-year cobalt supply deal
The South Korean battery manufacturer will receive up to 21,000 tonnes of cobalt, mostly coming from the Katanga mine in DRC.
Mitsubishi grabs 30% of Mantoverde copper mine
MMC has actively been seeking to participate in high-quality copper projects to secure concentrate for its copper smelters.
Sirius tells investors it’s Anglo’s bid or bust
The company has set up a shareholder helpline to guide tens of thousands of individual investors who bet on the Woodsmith fertilizer project.
Banro dangling Congo gold mine to best bidder
The Canadian miner is open to selling Namoya, its only remaining operation, at significant discount.
Zambia-Vedanta row escalates, minister calls company “criminal”
Richard Musukwa, said Zambia needed African and international support to "make Vedanta pay."
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
