Codelco and BHP’s Escondida boost copper output in July
Codelco's production rose to 6.4% 118,500 tonnes while Escondida, the world's largest copper mine, saw a 7.8% increase to 114,800 tonnes.
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Japan pours $7B into African corridor backing Sovereign’s project
The Nacala Corridor is key for Sovereign’s forthcoming DFS for its Kasiya rutile-graphite project in Malawi.
Anglo-Teck Vancouver headquarters is a ‘perpetual’ commitment
Establishing the global headquarters in Vancouver, with the presence of most senior executives, “is a great thing for the country,” Teck CEO Jonathan Price says.
Newmont applies for voluntary delisting from Toronto Stock Exchange
The move is expected to be effective on or about the close of trading September 24.
Policy is the new geology, panel hears
The single biggest driver of returns now isn’t what’s in the rock, it’s what’s on the books, a panel heard at the Precious Metals Summit
ANZ raises year-end gold forecast to $3,800
It also said prices could peak near $4,000 by June next year, citing robust investment demand for bullion.
Zambia backs Chinese mine’s assessment in acid spill disaster
Government refuted an independent estimate of how much toxic acid spilled from a Chinese state-owned copper mine in February.
Vale CEO sees copper growth driven by project pipeline over M&A
The Brazilian company produces about 350,000 tons of copper a year and forecasts doubling that amount by 2035.
Barrick executive switches sides to advise Mali president in gold dispute
Hilaire Diarra was general manager of Barrick's Tongon gold mine in Ivory Coast before he was named special counsellor to Mali's president.