Newmont tops profit estimates on gold price surge
Company’s adjusted net income for the June quarter was $261-million, or $0.32 a diluted share, compared with $92-million, or $0.12 a diluted share, in Q2 2019.
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AngloGold CEO Dushnisky steps down
Chief Financial Officer Christine Ramon has been appointed interim CEO.
Pilbara Minerals says lithium prices may be near bottom
Lithium has experienced a prolonged price fall due to slowing sales in China.
Gold rally, Chinese demand a boon to Canadian miners
EY says Canada could see a wave of new gold deals and mines built in the coming months on the back of strong bullion prices and improved demand for metals from China.
Conico to acquire Longland Resources’ Greenland projects
The acquisition gives Conico exposure to a dominant license deemed to be highly prospective for precious and base metals
B2Gold produces special gold bar to help save Namibian rhinos
The proceeds from the sale of B2Gold’s gold bars will back efforts of community-based rhino rangers and trackers.
Rio Tinto set on building long-delayed Simandou
The miner is speeding up work towards potential development of the giant iron ore project in Guinea, as the investment case grows stronger.
US appoints coordinator for Arctic policy as mineral race heats up
US announced a $12 million economic aid package for Greenland, which has vast deposits of rare earth minerals.
Nokia partners with Vivo to provide LTE for Vale
Nokia has partnered with Vivo, Brazil’s leading telecommunications company, to provide private LTE wireless services for Vale’s Carajas iron mine. The Vivo-operated service will be part […]
