Copper takes some shine off Anglo American’s results
The miner reported broadly higher output in the fourth quarter across all divisions, except for copper, which suffered from lower grades and strikes.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Anglo’s Kumba Iron Ore just got a lot more attractive to potential buyers
The company, Africa's largest iron ore producer, expects profits to more than double this year on the back of higher iron ore prices and a weak rand.
US withdrawal from TPP to impact steel sector — Wood Mackenzie
Steel the US has traditionally exported to TPP countries is high in value–added, which is exactly the kind of product that helps keeping the high-cost local steelmaking business afloat, analysts warn.
Barrick’s gold output fell almost 10 percent in 2016
But lower all-in sustaining costs mitigated the impact of decreased production, preliminary full-year figures show.
Fresnillo logs record gold and silver output for 2016
This year, the miner expects to produce 58 million ounces to 61 million ounces of silver and between 870,000 ounces and 900,000 ounces of gold.
Trump greenlights Keystone XL and Dakota Access pipelines
The US President has signed two separate orders that advance the construction of TransCanada’s Keystone XL and Energy Transfer Partners LP’s Dakota Access oil pipelines.
Canadian junior Pistol Bay stock just went ballistic and here’s why
Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.
De Beers has just sold largest amount of rough diamonds in a year
The world's top diamond producer sold $720 million of rough gems at its January offering as retailers restocked after the holidays.
China’s Yancoal grabs Rio Tinto’s coal mines in $2.45bn deal
The world’s second-largest miner has agreed to sell its Coal & Allied Industries Ltd. subsidiary to Yancoal Australia Ltd., controlled by China's Yanzhou Coal Mining.
Endeavour Mining reports record gold output in 2016, shares climb
The company, which earlier this month revealed is in merger talks with African gold producer Acacia Mining, expects to produce between 600,000 and 640,000 ounces of the precious metal this year.
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.
