Here’s the latest scoop on Barrick’s projects
The company is focusing on assets with the potential to add as much as 1.1 million ounces of gold to its total output beyond 2021.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Vale resumes sale of remaining fertilizer assets in Brazil
A reworked sale process for plants located in the southeastern city of Cubatão was reportedly launched in recent days.
Teck swings to profit in Q4 but misses expectations
The firm, North America's No.1 producer of coking coal, benefitted from the price rally — steelmaking coal climbed 155.5% to $207 in the quarter.
China may tighten up coal output curbs again as prices collapse
Restrictions would remain in place for six months, with some mines and areas possibly excluded.
Northern Dynasty stock hammered by short-seller report
Shares in the Canadian miner behind the stalled Pebble copper-gold project in Alaska nosedived after a report branded the venture as “worthless.”
Striking workers at BHP’s Escondida mine accept Gov’t mediation
The meeting is not a return to mediation but an attempt to agree to return to the negotiating table, the union said.
Kumba’s earnings doubled on higher prices, cost cutting measures
The Anglo American's unit logged earnings of $607 million for 2016, basically double the $304 million it recorded in 2015.
Freeport halts Grasberg mine, begins sending workers home
The firm has not been able to ship copper from the mine in over a month due to a ban on concentrate exports that kicked in on January 12.
Gold miners hammered by metal’s biggest one-day loss this month
Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.
Newcrest doubles first-half profit, to pay divvy
The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.
Newmont eyes 5M-ounce boost from Lihir gold mine
Management noted progress in growth projects, including regulatory approvals for Red Chris, and Cadia resuming production.