Sumitomo Metal lifts profit forecast on higher metals prices
The company now predicts a net profit of 78 billion yen ($739 million) for the year, against its previous guidance of 46 billion yen.
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Rising oil demand could double India’s oil import bill to about $181 billion by 2030.
Colombia to auction mining areas with potential copper, gold
Mining companies interested in bidding for potential exploration and development permissions in Colombia should register from Feb. 11 for multiple rounds this year.
AngloGold Ashanti forecasts earnings to almost triple as gold prices surge
The gold miner expects to report headline earnings per share between 229 cents and 247 cents for the year ended Dec. 31, 2020, compared with 91 cents reported a year earlier.
State oil firms risk wasting $400 billion as energy transition speeds up
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Impala Platinum sees earnings soar over 300%
Company expects half-year headline earnings to increase more than fourfold, buoyed by higher metals prices and a weaker rand.
WTO delays ruling on US metal tariffs to second half of 2021
Decision gives president Joe Biden more time if he wishes to settle the disputes.
Battle North goes ahead with Bateman construction in Red Lake
The company expects to start processing ore by year-end and achieve commercial production by the end of 2022.
Equinox expects production growth in 2021, eyes 1moz by 2023
The company is expecting gold production of 600,000 to 665,000 oz this year, a 33% increase over last year.
