Freeport-McMoRan posts Q3 profit boosted by gold prices
The average price Freeport received for its gold surged nearly 28% to 1,902 per ounce in Q3, with copper and gold sales nearly 7% higher than the company's July estimates.
Latest Stories
Mundoro options two Serbian projects to Vale
Vale has the option to acquire two additional Cu-Au projects in the Timok region.
China has copper flying like a FANG stock
The metal’s rebound from four-year lows in March mirrors the rally in that other gravity-defying asset class, the FANG-powered U.S. stock market.
Implats says workers suffer minor injuries in Rustenberg ‘incident’
Company said its ore transport system fell at a shaft, resulting in some workers sustaining minor injuries and a halt in haulage.
Commodities headed for bull market in 2021 – Goldman Sachs
A weaker U.S. dollar, rising inflation risks and demand driven by additional fiscal and monetary stimulus from major central banks will spur a bull market, according to the bank.
Anglo American output in Q3 jumps, thanks to Collahuasi
Total production climbed by 24% from Q2 on the back of continued strong performance of Collahuasi copper mine in Chile.
Australian miners join Bribery Prevention Network
BHP is leading the way.
Petra to sell blue diamonds recovered at Cullinan
The South African miner launched the Letlapa Tala Collection, which means ‘blue rock’ in Northern Sotho.
Polyus’ Siberian gold deposit has world’s biggest reserves
Russia’s largest gold producer said its Sukhoi Log deposit holds 40 million ounces of proven gold reserves, which makes it the world’s largest.
