November 11, 2024

Australian iron ore giants’ shares sink on disappointing China stimulus

Analysts at Citi last week forecast a grim near-term outlook for iron ore prices, expecting iron ore to average $85 per tonne in 2026.

November 11, 2024

Suitors circle American Eagle Gold as South32 takes 19.9% stake

To gain its initial stake in American Eagle, South32 has agreed to pay a 15% premium to the junior’s 5-day volume-weighted average trading price.

November 10, 2024

US judge narrows investor lawsuit against Rio Tinto over Mongolian mine

Rio Tinto and its former CEO are accused of defrauding investors by concealing problems developing the $5.3 billion Oyu Tolgoi mine.

November 9, 2024

Barrick falls behind rivals as No. 2 miner misses boost from bullion boom

Missed production targets, higher operational costs and political turbulence at mines in Africa and Asia have investors turning increasingly sour on the world’s second-biggest gold producer.

November 8, 2024

Codelco copper production rises in September, Escondida dips

Chile's state-run copper giant increased production by 5.2.% year-on-year in September.

November 8, 2024

Vedanta tops Q2 profit view on higher metals prices

Vedanta benefitted from higher prices of aluminum, zinc and copper, its biggest businesses.

November 7, 2024

Teck’s Amparo Cornejo named TNM’s first Operator of the Year

Cornejo,first joined Teck in 2014 as director of social responsibility and corporate affairs.

November 7, 2024

Alamos Gold reports record production, project expansions

During this third quarter, Alamos delivered record production of 152,000 oz. of gold.

November 7, 2024

Barrick CEO expects deal with Mali on new mining code by year-end

Reuters sources have said that Mali is seeking around $500 million in unpaid taxes from Barrick.

November 7, 2024

AngloGold Ashanti Q3 earnings rebound on higher gold price

The gold miner reported earnings of $236 million in the quarter to Sept. 30, compared to a loss of $194 million the same period last year.