Australian gold miner Newcrest says profit slides on output disruptions
On Thursday, Newcrest reported a 58% fall in half-year underlying profit, due to disruptions such as an earthquake hitting one of its key sites in 2017.
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Russia’s Polyus 2017 adjusted net profit up 7%
Polyus saw rising sales last year and expects to both invest and produce more in 2018, aiming to up production at its new Natalka gold deposit.
Strange link between inflation and gold
Inflation surged yesterday. But gold dropped initially, only to quickly reverse the fall and fly into the air. Will gold soar on the inflation fuel?
Pembridge grabs copper-gold-silver mine in Canada’s Yukon
With the acquisition of Capstone's Minto mine, Pembridge Resources is set to become a cash flow generating copper producer.
Kinross secures low-cost power for Brazil’s largest gold mine
With the acquisition of two hydroelectric plants, the miner expects to eliminate about 70% of future power purchases.
INFOGRAPHIC: The true costs of artisanal mining
Artisanal and Small-Scale Mining (ASM) has become a major of revenue for millions of people in about 80 countries worldwide, with more than 100 million people currently depending on the activity for their livelihoods. But at what costs?
Argo Gold sells its Ontario-based South Wawa Gold project to RT Minerals
The Canadian explorer will receive 350,000 common shares of RT Minerals in return.
Freeport, Amman awaiting green light on 2018 Indonesia copper exports
Freeport's export permit for Grasberg, the world's second-biggest copper mine, is due to expire on Friday, as is Amman's permit to ship ore concentrate from its Batu Hijau mine on the island of Sumbawa.
Barrick Gold earnings in line with forecasts, output seen falling
Barrick, the world's biggest gold producer, said it expects to produce between 4.5 million and 5 million ounces of gold this year.
