South Africa’s Gold Fields FY profit slumps as production drops
Revenue dropped 7% to $2.58 billion in 2018 from $2.76 billion in 2017 due to the lower ounces sold.
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EU starts investigation into Chinese steel wheel imports
The investigation could lead to provisional duties being applied within nine months and definitive duties, typically in place for five years, in 15 months.
Brazil’s Usiminas more than doubles profits in 2018
Brazil's Usinas Siderurgicas de Minas Gerais posted $223.21 million in profit in 2018.
India, Japan demand falls; holiday hangover dulls trade elsewhere
Until there is a solution to what is happening globally with Brexit and trade talks, we might see no clear direction.
China won’t come to the rescue in global iron ore supply crisis
“If China’s mines could produce more they would already be doing so."
Zimbabwe set to retrieve trapped illegal miners, more casualties expected
The miners were trapped on Tuesday night when the shafts they were working in were flooded after a nearby dam burst.
Centamin sees mineral resources more than doubling in Côte d’Ivoire
The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces.
Monarch resumes drilling program in Quebec
Before it was suspended, the 2018 diamond drill program enabled the company to extend the limits of the deposit, returning numerous intersections with high-grade gold values.
Silver One starts drilling at Peñasco Quemado in Mexico
Historical measured and indicated resource at the property are of 2.57 million tonnes at a grade of 117 g/t Ag for a silver resource of 9.63 million ounces.
