Newmont plans sweeping job cuts in cost-cutting drive – report
Newmont’s costs have surged more than 50% over the past five years due to higher energy, labor, and material prices.
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US premiums for silver and palladium are underpriced, Citi says
The metals are currently at just a 2-3% premium to ex-US pricing, analysts said.
KoBold Metals granted lithium exploration rights in Congo
The newly awarded permits are located in southeastern Congo near the Manono lithium project.
TechMet expands Mercuria partnership with launch of trading arm
The new initiative brings Mercuria's total investment into the company this year to $68 million.
Hochschild Mining plunges after slashing Mara Rosa guidance
The mine experienced a challenging first half of the year, with operations impacted by heavier-than-usual seasonal rainfall.
Evolve Royalties to acquire Voyageur Explorers in $51M deal
Evolve has over the last year built up a copper-focused royalty portfolio based in British Columbia.
Ivanhoe maintains zinc guidance with early completion of debottlenecks
The initiatives are expected to increase the concentrator's processing capacity by 20% from 800,000 to 960,000 tonnes per annum.
Vietnam lifts state monopoly on gold
The country is the third-largest importer of gold in Asia, after China and India.
Escondida mine union warns of self-driving truck accidents
BHP announced in July it had fully implemented autonomous operations for 33 trucks and eight drills.