Vale posts profit slump, hit by price drop
Vale posted net income of $892 million, while analysts polled by Refinitiv had forecast a profit of $2.21 billion.
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Southern Copper starts legal action to evict illegal miners
In its quarterly report, the company said that part of its Los Chancas project "continues to be occupied by illegal miners"In its quarterly report, the company said that part of its Los Chancas project "continues to be occupied by illegal miners".
Vale to sell 13% stake in base metals unit for $3.4 billion
Vale Base Metals is expected to invest $25-30 billion in new projects across Brazil, Canada and Indonesia over the next decade.
Ivanhoe eyes higher copper production following metallurgical test breakthrough
The company is targeting total copper recoveries in the mid-nineties from this breakthrough.
Canadian gold miners’ Q2 results show strong performance and growth prospects
Agnico-Eagle emerged as a top performer, reporting record quarterly gold production of 873,204 oz., thanks to its 100% ownership of the Canadian Malartic mine in Quebec.
Explorers on high alert as challenging wildfire season rages
While conditions improve in Eastern Canada, Western Canada-focused explorers still face widespread interruptions to their summer field seasons.
Teck still engaged with several suitors for coal sale, CEO says
Teck is considering a “number of structures” proposed by multiple interested buyers, CEO Jonathan Price said.
Kodiak Copper confirms extended mineralization at MPD project in British Columbia
The company said a new zone of structurally hosted high-grade copper-gold-silver mineralization was discovered east of the West zone.
Sigma completes first shipment of lithium from Grota do Cirilo
The company achieved operational net zero for its first shipment of battery grade lithium.
