February 18, 2021

Iron ore price at highest since 2011 on China post-holiday demand outlook

Metal prices surged during the first trading day since the lunar new year in China, as activity ramps up to pre-pandemic levels.

February 18, 2021

Iamgold grows cash balance, adjusts Westwood reserve

The latest release quotes Westwood reserves of 4 million tonnes at 4.9 g/t gold for a total of 626,000 oz, a 47% decrease over the prior year-end.

February 18, 2021

Most miners lag behind in human rights issues — report

Ten years after the adoption of United Nations principles, a study shows most miners have yet to step up efforts to improve their human rights record.

February 18, 2021

Rio Tinto still committed to Oyu Tolgoi – CEO

CEO Jakob Stausholm said the copper mine expansion would yield a “big win-win” for both the country and the miner.

February 18, 2021

Hecla silver production improves by 7% in 2020

Hecla now has the third-highest silver and gold reserves in company's 130-year history.

February 18, 2021

Hochschild Mining’s earnings drop on covid-19-led mine closures

Company posted a 21% drop in full-year core earnings as a run of pandemic-driven production roadblocks wiped out the boost from higher gold prices.

February 18, 2021

Fortescue declares bumper dividend, but faces setback in green push

The company expects iron ore shipments to be in the range of 178-182 million tonnes for the financial year, up from a prior range of 175-180 million tonnes.

February 18, 2021

Gold Fields earnings surge on strong gold prices

Production in 2020 remained within the revised guidance range, increasing by 2% to 2.236 million ounces from 2.195 million ounces.

February 18, 2021

Teck quarterly profit boosted by robust copper business

Average realized price for copper jumped about 26% to $3.42 per pound, while sales stood at 80,000 tonnes compared with 75,000 tonnes a year earlier.

February 18, 2021

Sibanye-Stillwater profit soars, targets push for greener tech in future output

Group gold production in 2020 rose to 982,559 ounces from 932,659 ounces a year earlier.