Mining capital expenditure continues to fall – cycle expected for another two years
This week we looked at the capex cycle of mining companies, and how miners delaying development will replenish their ounces with acquisitions.
Latest Stories
INFOGRAPHIC: Currency and the collapse of the Roman Empire
In today's very illustrative infographic, we look at how currency debasement, government overspending, and heavy taxation helped fuel the collapse of one of the most powerful empires in ancient history.
Newmont could overtake Barrick as top gold miner this year
Barrick's shrinking production profile could see output fall by 1.5m ounces within two years. World no 2 Newmont Mining forecasts 14% growth next year.
Barrick throws off cash first time in four years
Production declines of as much as 1.5m ounces within two years shifts company's focus to costs with target of $700 per ounce all in.
Fitch junks Anglo overhaul on South Africa fears
Ratings agency worries about exposure of much-diminished mining company to Africa; after restructure responsible for 54% of earnings.
Gold price recovery helps Barrick declare dividend
The miner is set to report fourth-quarter results after markets close on Wednesday.
India opens 100 mineral blocks to private companies
They cover an area of 12,000 square km and could be rich in gold, iron ore, tin and tungsten, among others.
Wave of deals to shake the global gold industry in 2016 — report
Gold miners to keep cutting cost, team up amid unusual market conditions that will continue boosting deals, says BMI Research.
Australia’s Northern Star puts Plutonic gold mine on the market
Plutonic is the highest-cost of Northern Star's five mines, producing around 79,000 ounces last financial year at an all-in sustaining cost of $1550 an ounce.
