Newcrest Mining cuts dividend, posts profit drop amid lower output Australia's biggest gold miner said underlying profit came in at $872 million for the year ended June compared with $1.16 billion a year earlier. Reuters | August 18, 2022 | 4:07 pm
Copper deficit a critical destabilizing threat to international security, says S&P Global "Projected annual shortfalls will place unprecedented strain on supply chains. The challenges this poses are reminiscent of the 20th-century scramble for oil". Henry Lazenby | August 18, 2022 | 3:43 pm
Glencore to end silver streaming deal with Wheaton on Peru mine Glencore currently owns and operates the Yauliyacu mine, which has been producing minerals for over 100 years. Reuters | August 18, 2022 | 3:41 pm
Another coal plant wins lifeline despite Biden’s green push CenterPoint plans to keep operating the 90-megawatt F.B. Culley 2 unit near the Ohio River until 2025. Bloomberg News | August 18, 2022 | 3:07 pm
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global Softer numbers translated into depressed equity market support for the mining industry. Henry Lazenby | August 18, 2022 | 2:44 pm
Stratabound Minerals reports significant increase in Fremont gold resources, stock rises The indicated gold resource now totals 1.16 million oz., representing an increase of 121% over the previous estimate. Staff Writer | August 18, 2022 | 2:38 pm
Cracks detected around land near mine and sinkhole in Chile Lundin Mining said Thursday that the cracks are unrelated to the hole or mining activity. Reuters | August 18, 2022 | 1:15 pm
Global nickel market surplus at 20,500 tonnes in June — INSG During the first six months, the global market was in a surplus of 30,800 tonnes compared with a deficit of 125,500 tonnes in 2021. Reuters | August 18, 2022 | 11:53 am
Independence Gold updates resource with better grades, more ounces at 3Ts project in British Columbia The resource calculation encompasses both in-pit and underground components of the Tommy and Ted-Mint vein systems. Staff Writer | August 18, 2022 | 11:06 am