The combined miner plans to focus on Tier 1 assets, those producing at least 500,000 ounces of gold annually, with a mine life of more than 10 years and low costs.
The miner, which is the world's largest primary silver producer and Mexico's second largest gold company, revised silver output guidance down to between 62 million ounces and 64.5 million ounces from a range of 64.5 million to 67.5 million earlier.
Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia.
The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.