AngloGold Ashanti quarterly earnings jump as bullion prices climb
Miner reported headline earnings for the three months ended March 31 of $203 million, up 42% compared with $143 million a year earlier.
Latest Stories
Gem Diamonds finds 370-carat diamond at Letseng
Since acquiring the mine in 2006, the company has found more than 60 white gem quality diamonds over 100 carats each.
Low carbon world needs $1.7 trillion in mining investment
Wood Mackenzie says miners need to spend that amount in the next next 15 years to help supply enough metals needed for the shift to a low carbon world.
Monarch awards Beaufor resource estimate contract to BBA
The mine, located 20 km north of Val d’Or, Quebec, produced over 1.1 million oz. of gold and Monarch says it still has strong exploration potential.
GoGold closes C$28M offering for Mexican projects
GoGold completed a preliminary economic assessment in January 2021 for Los Ricos South outlining both pit-constrained and out-of-pit resources.
Commodities that will rule the green, digital transition
A report by Fitch Solutions states that most battery metals together with metal scrap will see a boost over the next decade.
Investors bet billions that the metals bull run isn’t stopping
The word from Wall St. is “don’t stop buying now,” with Goldman Sachs Group and Bank of America among those advising investors to load up.
Kyrgyzstan court fines Centerra Gold mining venture $3.1 billion
A Kyrgyz court ruled that the Canadian-owned firm had violated environmental laws.
Fifteen killed in landslide at Guinea gold mine
The disaster took place in the remote, gold-rich Siguiri province.