Fresnillo silver, gold output jumps on San Julian ramp up, higher ores

Fresnillo shares plunge as profits fall short despite precious metals prices rally

Its shares fell 13% to a three-year low of 693.4 pence in morning trading. They were also the second-biggest decliner on the FTSE 100.

Cecilia Jamasmie | July 30, 2019 | 4:43 am

Ivanhoe boss said he’d pay higher taxes in Congo if money benefits locals

Ivanhoe’s giant Kamoa-Kakula copper project in DRC gets even bigger

Kamoa-Kakula already is the world’s fourth-largest copper project and one of the ten with highest grades.

Cecilia Jamasmie | July 29, 2019 | 7:47 am

Lynas shares jumps on deal for US rare earth plant

Lynas blames US-China trade war for rare earths market volatility

Ongoing trade tensions between Beijing and Washington have impacted the miner's sales.

Cecilia Jamasmie | July 29, 2019 | 4:09 am

Safer, healthier, more productive — the promise of wearables for miners

As declining ore reserves push mines to greater depths and also to remote locations, companies are increasingly testing wearables to cut costs, decrease risk and drive productivity.

Cecilia Jamasmie | July 26, 2019 | 10:14 am

OceanaGold still waiting formal order on Didipio dispute

OceanaGold halts Philippines mine operations

The provincial government is preventing supplies from accessing the Didipio gold-copper mine on Luzon island.

Cecilia Jamasmie | July 26, 2019 | 5:00 am

Danakali to start developing vast potash project in Eritrea

Colluli is expected to become one of the world's most significant and lowest cost sources of the fertilizer.

Cecilia Jamasmie | July 26, 2019 | 3:21 am

China is oversupplying lithium to eliminate rivals, US official says

China’s Fulin ditches plans for battery parts plant in Chile

The decision comes on the heels of a similar move by South Korea’s POSCO and its partner, Samsung's battery unit.

Cecilia Jamasmie | July 25, 2019 | 9:33 am

De Beers is selling diamonds for less and the industry isn’t happy

Diamond market weakness prompts De Beers to curb supply

The move comes as trade tensions between the US and China pushed earnings down 27% in first-half of the year.

Cecilia Jamasmie | July 25, 2019 | 7:08 am

Firestone to delist, axe board size on weak diamond market

Firestone meets annual production targets despite market weakness

The miner dug up 829,458 carats in the fiscal year ended June from Liqhobong, in Lesotho, which is its only operating mine.

Cecilia Jamasmie | July 25, 2019 | 3:44 am

Caterpillar earnings beats estimates, shares hit five-year high

Caterpillar pours cold water on manufacturing, energy sector hopes

Disappointing earnings were driven mainly by its construction division.

Cecilia Jamasmie | July 24, 2019 | 9:56 am

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