Gold price surges on pandemic shock to US economy
Gold price up 2% to fresh 7-year high after coronavirus causes first fall in US business activity since 2013 and long term interest rates drop to record low.
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MINING PEOPLE: Americas Gold and Silver, Anglo American, Coro Mining
Natascha Viljoen has been appointed as the CEO of Amplats effective Apr. 16.
AngloGold earnings lifted by bullion price strength
Company's free cash flow before growth capital surged 106% to $448 million.
Pan American boosts dividend by 43% on strong 2019 cash flow
During the fourth quarter alone, Pan American generated $129.5 million from operating activities, the highest in company history.
Rio Tinto’s lone female board member to be joined by three more women
Changes over the course of 2020 will bring the total of women to four out of 12 directors.
Anglo’s giant palladium mine poses key question for new CEO
Mogalakwena in South Africa churned out $655 million in cash last year.
Coeur halts Silvertip mine, books huge charge
The decision caused Coeur to book a $251 million impairment charge on the Canadian asset.
Teck warns of C$1.13bn hit if Trudeau rejects Frontier project
The warning came as Teck reported a 76% fall in fourth-quarter adjusted profit.
BP slammed for lofty climate change ambition, Rio ignored for small step
Two major resource companies made two very different announcements recently, both on the theme of addressing climate change.