Anglo CEO says miners must make “tough decisions” to remain profitable
Duncan Wanblad said on Thursday mining companies have to confront tough decisions such as cutting costs as weak metal prices hit earnings.
Latest Stories
Column: INSG forecasts a third consecutive year of nickel surplus
Global nickel production will outpace demand to the tune of 239,000 metric tons next year, according to the study group.
Séguéla drives Fortuna to record gold production in Q3
The Yaramoko mine in Burkina Faso also saw a 25% increase in production.
Aurubis to keep European copper premium at record high next year
The company has told customers it will keep the surcharge at $228 a ton, ahead of the start of annual supply negotiations next week.
Snowline assays show Rogue gold extends hundreds of metres deep
The new assays build on near-record drill results reported in August.
Chile’s government looks to China to upgrade its economy beyond commodities
While Chile’s trade with China surpassed $65 billion last year, most of its exports are dominated by copper and much of it is shipped in the form of concentrates
Labour costs: Canadian miners see modest pay raises
The annual pay for a mine general manager rose 11% to C$282,900.
Using kaolinite to discover gold, critical mineral deposits
The adsorbing properties of kaolinite might hold clues for companies on the hunt for valuable deposits.
Lucapa Diamonds names Selby CEO and MD
Nick Selby, who joined Lucapa in 2014, took the helm in August this year after former boss Stephen Wetherall stepped down.
