Newmont shares bounce back after results
World's number two gold producer's second quarter results ticks all the boxes as it throws off $486 million in free cash in its second quarter.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
BHP’s copper output to bounce back
World's top miner expects to produce 1.7 million tonnes in 2017 as output at giant Escondida mine jumps 9%.
Ugly week for iron ore price
Down 6.3% over five trading days.
Shares of Vancouver zinc producer blows up
Trevali stock is up 44% in two weeks as Canadian mine enters commercial production and record output at flagship Peru operation is topped by high-grade find.
Did $78 billion South African gold exports really go missing?
According to a UN report, since 2000 two-thirds of South Africa's gold exports – mostly to India – did not appear on its trade partners' books.
Australia slashes iron ore price forecast 20%
Dept of Industry says loss-making mines are staying open for longer than expected aggravating oversupply.
Gold price takes US jobs in stride to 2-year high
Gold falls after much stronger than expected payroll number in the US, but quickly recovers to trade back within shouting distance of two-year high.
Alrosa gets own security force
Diamond giant will save Russian state millions each year when it takes over security duties at remote mines.
2016 already best year ever for world’s largest gold ETF
CHART: $18 billion year to date rise in assets under management highest since physically-backed fund's inception in 2004.
AngloGold investing $400 million in Guinea
World's number three producer owns the 300,000 ounce per year Siguiri mine in the west African country.
Value of EV battery nickel second highest on record, cobalt at 30-month high
Low LFP-penetration markets, Europe is off to the races in 2025 and US buyers pull forward purchases before subsidies end.
