February 18, 2021

Golden quarter for Newmont as high prices double profit

The world's largest gold miner's adjusted profit more than doubled to $856 million in the last quarter of 2020.

February 18, 2021

Fortescue CEO says iron ore market to remain robust for some time

In China, activity rates didn't slow as much as is normal for the Lunar New Year because not as many workers returned home.

February 18, 2021

Barrick beats profit estimates on higher gold prices

The Canadian gold miner delivered a sixth straight earnings beat after lifting production and reducing costs.

February 18, 2021

US judge dismisses aluminum antitrust claims

The purchasers had accused banks and commodity trading, mining and metals warehousing companies of conspiring to hoard aluminum when prices were low roughly a decade ago.

February 17, 2021

Governments from Mongolia to Mali seek to reopen mining deals

Any move to renegotiate agreements will trigger pushback by miners wary of threats to their profit margins, experts said.

February 17, 2021

Rio Tinto starts drilling at Janice Lake

RTEC drilling at Forum Energy Metals' 100% owned copper-silver project in Saskatchewan.

February 17, 2021

First Quantum sees no ‘contagion’ risk in Zambia after Mopani deal – COO

Zambia became Africa's first pandemic-era sovereign default in November.

February 17, 2021

Rio Tinto to tackle customers’ emissions, hands out biggest dividend ever

The miner is giving $9bn in cash back to shareholders and has laid out plans to tackle its global customers' carbon footprint.

February 16, 2021

Barrick sells Lagunas Norte mine in Peru to Boroo

The sale is in line with Barrick's policy of selling non-core interests to focus its portfolio on Tier One assets.

February 16, 2021

Nornickel 2020 profit sinks 39% as $2bn set aside to cover fuel spill fine

Company has been fined $2-billion for the damage caused by the spill last year in Russia's worst environmental disaster in the Arctic.