Fortescue to step up energy spending despite job cuts
"We see a massive potential in green iron industry out of Australia, supplying China," CEO says.
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Fortescue forecasts higher annual iron ore shipments
Production was higher due to the implementation of a recovery plan in response to the ore car derailment and weather disruptions.
Star Diamond boosts resource estimate for Orion South project in Saskatchewan
The company says the Star-Orion South project is the largest undeveloped diamond deposit in the world.
Sierra Madre accelerates restart of Mexico silver mine
The Guitarra underground mine was in operations between 2015-2018, producing 1-1.5 million oz. of silver equivalent annually.
Newmont beats quarterly profit estimates on higher gold production
The world's biggest gold miner benefited from robust production and easing costs.
Codelco says it will wait to evaluate financing for El Abra expansion
Freeport McMoran, which owns 51% of the mine, plans to invest around $7.5 billion to expand.
BofA, RBC top mining M&A financial adviser rankings in H1 2024 — report
BofA led the way in deal value at $5.4 billion, while RBC advised on the most deals with six.
Vizsla Silver’s Panuco ‘blows past’ analyst estimates
Panuco has a $1.1 billion after-tax net present value at a 5% discount rate, an 86% after-tax internal rate of return and a nine-month payback period.
Teck invests in Armenia explorer Fremont Gold
Teck has acquired a 6.89% ownership in the junior explorer.
