April 26, 2018

Newmont profit soars on higher gold prices, claims top bullion miner title

Despite seeing gold output decline by 2%, Newmont claimed the title of world’s biggest bullion producer as it surpassed rival Barrick by 16,000 ounces in the first three months of…

April 25, 2018

Canada’s First Cobalt eager for more after U.S. Cobalt buy

Refinery could be working in 1-to-2 years' time.

April 25, 2018

Fate of Centerra mine not sealed as Kyrgyz-owned company yet to see takeover bid

Kyrgyzaltyn has yet to see an offer by Chaarat Gold Holdings to acquire Kumtor mine, which is the Central Asian nation’s largest gold operation.

April 25, 2018

Pangolin finds first diamond at Jwaneng project in Botswana

Project is located about 100 km south of Jwaneng, the world’s richest diamond mine.

April 24, 2018

Canada’s Teck Resources profit rises on higher sales volumes

Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million.

April 24, 2018

Caterpillar results prove global economy in good shape

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.

April 24, 2018

Centerra rejects unsolicited offer for its Kumtor gold mine in Kyrgyzstan

Centerra and Kyrgyzstan have had a series of disputes over sharing profits from Kumtor, and London-listed Chaarat was offering the nation to increase its stake in the project’s cash flow…

April 23, 2018

Barrick Gold earnings just beat market; turns focus to growth

Barrick Gold Corp reported a slightly better than expected increase in first-quarter adjusted profit on Monday.

April 23, 2018

DRC miners hopeful new code issues can be resolved

They said they expected authorities to realize the sliding scale they propose would be a more effective mechanism for the government to share in higher commodity prices than the windfall…

April 22, 2018

Caledonia wants to expand in Zimbabwe

The company is negotiating the possibility of buying the government’s 16 per cent stake in the Blanket project.