Yamana green lights development for Wasamac gold with higher production
The company acquired the Wasamac deposit and Camflo property and mill when it bought Monarch Gold in January.
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Volkswagen battery electric vehicle deliveries nearly triple in H1
Deliveries were mostly driven by demand in Europe, which last week unveiled an effective end date for new combustion engine cars.
Ivanhoe’s Kamoa-Kakula exports first copper concentrate
First truck-loads departed from the mine on July 17 and will be shipped exclusively to China from the Port of Durban in South Africa.
Amplats expects jump in H1 earnings as metals prices soar
Interim earnings are expected to jump by more than 500%.
BHP said to mull oil exit in retreat from fossil fuels
BHP wants to exit while it can still get a good price for the assets, aiming to repeat a 2018 sale of its shale business to BP Plc for $10.4 billion.
Gold price fails to capitalize on falling bond yields
Benchmark 10-year treasury yields touched more than a five-month low, reducing the opportunity cost of holding gold.
Iron ore price rises on disappointing figures by top producers
The metal has been in a bull market for more than two years, and it’s not about to end soon, according to Goldman Sachs.
Final settlement for Brazil’s Samarco dam disaster could reach $19bn, governor says
That estimate is nearly four times higher than an initial deal struck with mining companies in 2016.
Epiroc operating profit misses forecast
Operating earnings at the firm rose to 2.18 billion Swedish crowns ($250.8 million) from 1.42 billion a year earlier.