July 31, 2019

Kirkland Lake posts glowing Q2 with more ounces, less cost

Gold production in Q2 2018 was 214,593 ounces, up 31% from 164,685 ounces a year earlier.

July 31, 2019

CHART: Gold price risk index is flashing red

The last time behavioural finance indicators deviated this far was in 2011 when gold was hitting all-time highs.

July 31, 2019

Vale posts loss after surprise new dam burst charges

The Brazilian miner reported a second-quarter net loss of $133 million after a year-ago profit of $76 million.

July 31, 2019

Turquoise Hill swings to loss on Mongolia mine woes

The company reported a loss of $736.7 million in the three months ended June 30, compared with a profit of $204 million a year earlier.

July 31, 2019

Samarco poised to reclaim mining license lost after accident

The venture, jointly owned by Vale and BHP, has already reached an agreement with the regulator and could get formal permission to operate as soon as mid-September.

July 31, 2019

Barrick to close Lagunas Norte mine in Peru

Barrick had booked a $405m impairment charge on Lagunas Norte last year, which resulted in a $431m net loss in the September quarter.

July 31, 2019

Champion Iron breaks records at Bloom Lake

During the first quarter, Bloom Lake delivered almost 2 million wet metric tonnes of high-grade iron ore concentrate.

July 31, 2019

Nyrstar restarts Port Pirie lead smelter in Australia

The smelter halted output on May 28 due to an unplanned outage at the blast furnace.

July 31, 2019

Australian private equity firm EMR weighs copper mines IPO

EMR Capital is considering selling its four copper mining assets through an initial public offering some time after 2019.

July 31, 2019

AngloGold Ashanti flags higher H1 earnings, says asset sales are proceeding

AngloGold will release its results on August 8.