December 10, 2024

Newmont cuts two dozen middle manager jobs in corporate overhaul

The cuts are in addition to the previously reported reduction of at least 10 senior managers and an executive.

December 10, 2024

Barrick said to seek buyer for Ivory Coast mine as bullion soars

Barrick plans to stop production at the 24-year-old Tongon open-pit mine by 2027.

December 10, 2024

Copper output from Codelco flat in October, BHP’s Escondida rises

Codelco, the world's largest copper producer that is struggling to boost declining output, posted total production of 127,900 metric tons.

December 10, 2024

Barrick chair says he ‘never’ planned to use Hannam for Randgold merger

Dealmaker is suing Randgold for up to $18 million over Barrick merger work.

December 10, 2024

Nornickel says sees global nickel surplus of 150,000t in 2024-2025

The company said it expects the palladium market to reach balance in 2025.

December 10, 2024

Polyus says sanctions will double cost of Siberian gold deposit

The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions.

December 9, 2024

Anglo American’s El Soldado mine faces charges for environmental breaches in Chile

Anglo subsidiary faces possible revocation of its environmental permit, closure or a fine of over $12 million if it does not address the issues.

December 9, 2024

ABB to deliver world’s largest production capacity mine hoist to BHP’s Jansen project

The Jansen project aims to become the largest potash mine in the world.

December 9, 2024

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said.

December 9, 2024

Freeport’s copper concentrate exports will only temporarily ease global shortages

A fire at PT Freeport Indonesia's Manyar smelter halted operations in October.