Southern Copper sees lower output as silver rally grabs focus
Company expects copper output to decline over the next two years as ore grades fall at key mines in Peru.
Latest Stories
Bolivia cancels Chinese zinc project, demands steel plant fixes
Authorities are pulling the plug on a $350 million zinc refinery, citing “terrible overpricing.”
US copper tariffs less likely after critical minerals decision: Macquarie
Macquarie strategists said the US could delay a final tariff decision until the end of the year.
Alamos books new gold in Manitoba and Quebec
Lynn Lake and Qiqavik are two of the development projects that Toronto-based Alamos is counting on to lift gold production into the next decade.
Sibanye hits new high on BlackRock, gold price boosts
The world's largest asset management firm has lifted its stake above the 5% threshold.
India considers tighter mining auction rules to deter laggards
Since 2015, the government has auctioned 594 mineral blocks, out of which less than 14% or 82 blocks were operational.
Gold price soars past $5,500, silver price nears $118
Spot gold jumped another 2% to a new record of $5,588.36 an ounce.
Gold CEO ousted over mystery payments returns to African mining
Sebastien de Montessus was appointed chief executive officer of Mansa Resources Ltd. to turn around the firm’s flagship Kouroussa mine in Guinea.
CME raises silver margins as prices smash records in wild rally
Margins will rise to 11% of so-called notional from the current 9% for non-heightened risk profile.
