Newcrest doubles first-half profit, to pay divvy
The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.
Latest Stories
Iron ore soars past $92 a tonne, highest price in 2.5 years
Prices for the steelmaking commodity have more than doubled in value over the past year following near-decade lows of $38 a tonne in December 2015.
McEwen Mining keeps growing, buys exploration junior Lexam VG
The proposed friendly acquisition will give McEwen access to advanced exploration stage properties located in the heart of Timmins Gold Camp, northern Ontario.
Australia’s $5 billion bet on clean coal
The Australian government has opened the door to using a $5 billion fund designed to attract investment in northern Australia, to develop clean-coal projects.
Finland inks $266 million deal to revitalize Europe’s largest nickel mine
A large but troubled nickel mine in Finland may be back on the road to profitability thanks to a recent deal that saw commodities trader Trafigura take a 15.5 percent stake.
DR Congo’s perfect storm
A leaked White House memo, which outlines the suspension of a portion of the Dodd-Frank rule on ‘conflict minerals’, will exacerbate already high levels of violence in DR Congo.
Iron ore price hits 2.5-year high
Chinese import volumes rise to second highest on record in January.
Copper price surges on BHP force majeure
Copper hits 20-month high after world's number one miner says can't honour supply contracts from Escondida, responsible for 5% of global output.
Scientist finds three new uranium-rich minerals in Utah
The three new minerals, leesite, leószilárdite and redcanyonite, will allow researchers to study how different forms of uranium can propagate in the natural environment.
