August 8, 2022

Barrick expects deal opportunities in copper, but won’t pay premiums

After strengthening its balance sheet, Barrick said it is “always looking at opportunities” but won’t be paying above-market prices.

August 8, 2022

Nutrien names Ken Seitz as CEO of the Canadian potash fertilizer producer

Nutrien in January surprised investors by replacing its CEO for the second time in eight months.

August 8, 2022

Barrick Gold boss tells miners to brace for more inflation

Barrick said costs would trend toward the high end, or even slightly exceed, its guidance range.

August 8, 2022

Barrick Gold tweaks cost guidance as copper boosts second-quarter earnings

The company reported a nearly 19% rise in second-quarter profit on Monday, beating analysts' expectations.

August 8, 2022

Sumitomo hikes Chile copper project cost estimate by 60%

The 60% increase comes as the covid-19 pandemic has delayed construction at the Quebrada Blanca phase 2 project.

August 8, 2022

Oz Minerals rebuffs $5.8 billion takeover bid from BHP

The Australian miner said BHP's unsolicited offer did not appreciate the growth potential of its copper and nickel assets.

August 7, 2022

Chilean authorities suspend Alcaparrosa’s operations due to giant sinkhole

Sernageomin said the decision to temporarily suspend Alcaparrosa’s operations was made in response to the safety concerns of the nearby Tierra Amarilla community.

August 5, 2022

Europe’s top copper producer looks to cut gas usage in Germany

The Hamburg-based company is looking to switch to alternatives like fuel oil, but is bracing for a potential restriction in gas supply.

August 5, 2022

Aurubis retains annual outlook as quarterly profit surges 24%

The German industry faces an uncertain winter as Russia is cutting its massive gas deliveries to Germany. 

August 5, 2022

Nutrien says potash will remain tight even as Russia ships more

Nutrien has said it will ramp up potash production capability to 18 million tons by 2025, a 40% increase compared to 2020.