Weak demand takes shine off Petra Diamonds revenue

It expects to produce about 3.8 million carats in 2020, compared to the 3.9 million carats it generated for the year ended June 30.

Cecilia Jamasmie | July 22, 2019 | 9:00 am

Brumadinho dam disaster shrinks Vale iron ore output 34%

The drop to 64.057 million tonnes came as several major operations remained fully or partially shut down in the second quarter following a deadly dam burst at the Corrego do Feijão mine.

Cecilia Jamasmie | July 22, 2019 | 5:45 am

Serabi Gold moving forward with permitting third Brazilian mine, keeps guidance

The miner remains on track to produce between 40,000 and 44,000 ounces of the precious metal this year.

Cecilia Jamasmie | July 22, 2019 | 4:14 am

Yamana touts pre-feasibility results for Agua Rica copper project

Proven and probable copper mineral reserves increased by 21% since the end of 2018 to 11.8 billion pounds, while gold mineral reserves gained 12% to reach 7.4 million ounces.

Cecilia Jamasmie | July 19, 2019 | 11:19 am

Barrick strikes deal with Acacia after sweetening offer, takeover imminent

The world's No.2 gold miner has reached an agreement to buy the stake in the African miner it does not already own.

Cecilia Jamasmie | July 19, 2019 | 6:15 am

Mongolia seeks to rewrite Oyu Tolgoi deal with Rio

Lawmakers will vote in August whether to modify agreement, which may force the miner to make further concessions.

Cecilia Jamasmie | July 19, 2019 | 3:55 am

Chile a step closer to scrapping copper sales funding for military

The government is seeking to free mining giant Codelco from a decades-old mandate to fund the country’s armed forces.

Cecilia Jamasmie | July 18, 2019 | 11:54 am

Barrick’s gold output for the year to hit upper end of forecast

Thanks mainly to strong performance from Loulo-Gounkoto in Mali and Veladero in Argentina.

Cecilia Jamasmie | July 18, 2019 | 7:55 am

Anglo American’s diamond unit takes sparkle away from results

Output from its De Beers unit dropped 14% amid weaker demand and lower prices.

Cecilia Jamasmie | July 18, 2019 | 4:10 am

Vale faces investors lawsuit linked to Brumadinho dam burst

Nearly 25 asset management firms and some pension funds are seeking compensation for losses derived from Vale's plummeting share price since the disaster.

Cecilia Jamasmie | July 17, 2019 | 9:47 am

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