Future copper supply imperiled by project freeze at top producer
Chile output forecasts for 2022 through 2024 could be rattled by project delays.
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Petra Diamonds production, revenue knocked down by covid-19
Full-year revenue fell by a third as the diamond miner sold 23% fewer carats for 36% less revenue in the year to June 30.
Newcrest quarterly output drops 13% but beats estimate
Production fell to 573,175 oz in the quarter, beating a UBS estimate of 547,000 oz.
Freeport CEO says no change of plans despite copper price rally
US copper giant Freeport McMoRan swings to profit in second quarter after cost-cutting program.
Petropavlovsk CEO says ‘business as usual’ despite boardroom battle
The miner reported a 42% increase in first-half total gold production to 320,600 ounces.
Zaldivar mine workers extend talks to avoid strike
Antofagasta and workers decided to extend government-mediated talks for a new union contract.
Epiroc expects pandemic to weigh on demand in near term
Second-quarter operating earnings at Epiroc fell to 1.42 billion Swedish crowns ($160 million), down from 2.26 billion crowns in Q1.
Rio Tinto seeking solutions that transform heat from underground mines into electricity
The world’s second-largest miner wants to launch a pilot project at its Arizona operation with the idea of extending it worldwide.
