October 30, 2020

Newmont reports best quarter ever, raises dividend by 60%

Newmont produced 1.5 million attributable oz. of gold at all-in-sustaining costs of $1,020 per oz. in Q3, plus 273,000 gold-equivalent attributable oz. from coproducts.

October 30, 2020

Glencore cuts coal target again as Colombian strike hits output

Glencore lowered its 2020 coal guidance by 5.7% to 109 million tonnes as a strike at the Cerrejon mine in Colombia entered its 60th day on Friday.

October 29, 2020

How Olympic Dam went from mother of all digs to debottlenecking

The final chapter on the world's most ambitious – and costly – mining project has closed.

October 29, 2020

No punishment 5 years after the Fundão dam tragedy

Brazilian prosecutors have filed a new lawsuit contesting a compensation package for victims from a 2015 collapsed dam jointly owned by BHP and Vale.

October 29, 2020

Investors worth $10.2 trillion press global miners for indigenous engagement talks

A group of investors has written to the boards of 78 mining companies to seek assurances about how they gain their social licence to operate.

October 29, 2020

Sibanye-Stillwater posts record Q3 profit on higher metals prices

Group EBITDA soared 182% to $922 million in the quarter ended September, compared with a year earlier.

October 29, 2020

First Quantum sees no negative impact from potential Zambia default – CFO

Zambia was struggling with its ballooning debt before the pandemic and looks headed for a messy and protracted default.

October 29, 2020

Vale nearly doubles net profit as output recovers

Net profit for the three months through September climbed to $2.9 billion from $1.6 billion a year earlier.

October 28, 2020

Wheaton expands into Europe with LSE listing

The Vancouver-based company will maintain its primary listing on the Toronto Stock and a listing on the New York Stock Exchange

October 28, 2020

Newcrest first-quarter gold output falls; on track to meet 2021 guidance

Newcrest's gold production fell to 503,089 ounces in the three months ended Sept. 30.