Newmont CEO says Goldcorp mines need about 3 years of development, exploration work
The company reported a substantial decline in second-quarter profit, driven largely by the transaction's integration costs.
Latest Stories
Formalizing status of miners could add $1.3 billion annually to Colombia’s GDP
Government formalization efforts are meant to expand labor protections, safeguard the environment and collect more taxes and royalties from subsistence miners.
Regulus drills best intercept to date at AntaKori, stock jumps
Shares of Regulus Resources jumped by more than 12% on the news.
Australian lithium producers flag tough market through end of 2019
Several producers of Australian hard rock lithium have been asked by customers to delay shipments, find alternative customers and to renegotiate offtake agreements.
Indonesia’s Timah set to double refined tin output
Indonesia's largest tin miner estimates output to reach around 70,000 tonnes this year.
Anglo plans $1 billion buyback after bumper iron ore profit
The buyback represents a shift for Anglo, which has been focused on repairing its bruised balance sheet and investing in growth.
Billionaire Anil Agarwal sells Anglo stake
Volcan was Anglo American's biggest shareholder, with a nearly 20% stake.
China Molybdenum takes full control of ex-Dreyfus metals unit for $518 million
The Chinese firm already had a roughly 45% indirect interest in IXM, formerly the metals business of trading house Louis Dreyfus.
China’s Fulin ditches plans for battery parts plant in Chile
The decision comes on the heels of a similar move by South Korea’s POSCO and its partner, Samsung's battery unit.
