February 20, 2020

Newmont profit beats on higher output, gold prices

Newmont cemented its position as the world's largest gold producer following its takeover of Goldcorp.

February 20, 2020

De Beers posts lowest profit since end of diamond monopoly

Not since at least the early 2000s, when De Beers gave up its global monopoly on diamonds, has the company earned so little money.

February 20, 2020

Kirkland boosts payout, exploration spend after Detour buy

Company expects capital spend of $500 million this year compared to $245 million previously.

February 20, 2020

Anglo American boosted by strong precious metals

BMO, Jefferies and RBC Capital Markets said Anglo remained their top pick among global miners.

February 20, 2020

Barrick opposes Sokimo’s sale of interest in Kibali

Sokimo can’t sell or transfer its shares in the mine without the approval of both Barrick and its JV partner AngloGold.

February 19, 2020

Albemarle expects 2020 profit drop as lithium prices sag

Lithium companies in the past year have been producing more than automakers currently need, denting prices.

February 19, 2020

Lucapa reveals positive results from Lulo diamond project

The first stream bulk samples excavated had resulted in the recovery of 45 diamonds weighing 30.3 ct.

February 19, 2020

Freeport Indonesia aims for August kick-off of construction on new copper smelter

Front-end engineering and design for the $3 billion smelter has been concluded.

February 19, 2020

Rising metals prices spur Sibanye to second-half rebound

Strike action had disrupted operations in the first half of 2019.

February 19, 2020

Newmont’s Boddington to become world’s first autonomous gold mine

A driverless fleet will enhance safety and productivity and is also expected to extend the mine’s life by at least two years.